Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Andhra Pragathi Grameena Bank for its Pathakothacheruvu branch in Pathakothacheruvu, Anantapur, Andhra Pradesh, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Andhra Pragathi Grameena Bank located in Pathakothacheruvu or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0001037. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Andhra Pragathi Grameena Bank, Pathakothacheruvu, Pathakothacheruvu
Here are some of the key details that come with the IFSC Code APGB0001037 of Andhra Pragathi Grameena Bank for its branch located in Pathakothacheruvu, within the district of Anantapur in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pragathi Grameena Bank |
| IFSC Code | APGB0001037 |
| Branch | Pathakothacheruvu |
| City | Pathakothacheruvu |
| District | Anantapur |
| State | Andhra Pradesh |
| Address | Patha Kotha Cheruvu -515401 Guntakal Mandal Anantapur District |
These details helps users in online banking and for businesses and individuals who use Andhra Pragathi Grameena Bank in Pathakothacheruvu for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGB0001037 for the Pathakothacheruvu branch of Andhra Pragathi Grameena Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Andhra Pragathi Grameena Bank located in Pathakothacheruvu, Pathakothacheruvu, Andhra Pradesh, is provided a unique IFSC like APGB0001037 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Andhra Pragathi Grameena Bank branch in Pathakothacheruvu.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Pathakothacheruvu and Anantapur.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Andhra Pragathi Grameena Bank in Pathakothacheruvu do not get misguided to another person.
Format of the IFSC Code APGB0001037
The format of the IFSC Code for banks, including Andhra Pragathi Grameena Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Andhra Pragathi Grameena Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Pathakothacheruvu in Pathakothacheruvu.
For example, the IFSC Code APGB0001037 of Andhra Pragathi Grameena Bank for the Pathakothacheruvu branch includes these elements, identifying the bank and the branch location in Pathakothacheruvu and Andhra Pradesh accurately.
How to Find IFSC Code for Andhra Pragathi Grameena Bank?
To find the IFSC Code APGB0001037 of Andhra Pragathi Grameena Bank for its Pathakothacheruvu branch located in Pathakothacheruvu, the following methods can help you out:
Cheque Book
The cheque book issued by Andhra Pragathi Grameena Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Andhra Pragathi Grameena Bank branches in Pathakothacheruvu and Anantapur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Andhra Pragathi Grameena Bank and go to the branch locator section. Then search for Pathakothacheruvu or Pathakothacheruvu to find the exact IFSC Code APGB0001037.
Mobile Banking App
If you use Andhra Pragathi Grameena Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Andhra Pragathi Grameena Bank and Pathakothacheruvu will provide accurate information.
How to Use IFSC Code APGB0001037 for Online Transfers?
Once you have the IFSC Code APGB0001037 for the Pathakothacheruvu branch of Andhra Pragathi Grameena Bank in Pathakothacheruvu, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGB0001037. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Andhra Pragathi Grameena Bank IFSC Code APGB0001037.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Andhra Pragathi Grameena Bank Pathakothacheruvu in Pathakothacheruvu may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Andhra Pragathi Grameena Bank in Pathakothacheruvu, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Andhra Pragathi Grameena Bank website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Pathakothacheruvu manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is APGB0001037.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Patha Kotha Cheruvu -515401 Guntakal Mandal Anantapur District located in Pathakothacheruvu, Anantapur, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.