There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Andhra Pragathi Grameena Bank for its H.Muravani branch in Peddakadaburu, Kurnool, Andhra Pradesh, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Andhra Pragathi Grameena Bank situated in Peddakadaburu or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code APGB0003178. You should 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, H.Muravani, Peddakadaburu
Here are some of the key details that come with the IFSC Code APGB0003178 of Andhra Pragathi Grameena Bank for its branch located in Peddakadaburu, within the district of Kurnool in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pragathi Grameena Bank |
| IFSC Code | APGB0003178 |
| Branch | H.Muravani |
| City | Peddakadaburu |
| District | Kurnool |
| State | Andhra Pradesh |
| Address | D.No.3/32, H. Muravani Vil, Peddakadabur Mandal, Kurnool District, Pin-518 323 |
These details helps users in online banking and for businesses and individuals who use Andhra Pragathi Grameena Bank in Peddakadaburu for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGB0003178 for the H.Muravani 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Andhra Pragathi Grameena Bank located in H.Muravani, Peddakadaburu, Andhra Pradesh, are allotted a unique IFSC like APGB0003178 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Peddakadaburu.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Peddakadaburu and Kurnool.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Andhra Pragathi Grameena Bank in H.Muravani reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.
Format of the IFSC Code APGB0003178
This is the format of the IFSC Code for banks, including Andhra Pragathi Grameena Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Andhra Pragathi Grameena Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as H.Muravani in Peddakadaburu.
For example, the IFSC Code APGB0003178 of Andhra Pragathi Grameena Bank for the H.Muravani branch includes these elements, identifying the bank and the branch location in Peddakadaburu and Andhra Pradesh accurately.
How to Find IFSC Code for Andhra Pragathi Grameena Bank?
If you are looking for the IFSC Code APGB0003178 of Andhra Pragathi Grameena Bank for its H.Muravani branch located in Peddakadaburu, the following methods can help:
Cheque Book
The cheque book that is issued by Andhra Pragathi Grameena Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Andhra Pragathi Grameena Bank branches in Peddakadaburu and Kurnool, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Andhra Pragathi Grameena Bank and look for the branch locator section, then search for H.Muravani or Peddakadaburu to get the exact IFSC Code APGB0003178.
Mobile Banking App
If you use Andhra Pragathi Grameena Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Andhra Pragathi Grameena Bank and Peddakadaburu, then it will provide you proper information.
How to Use IFSC Code APGB0003178 for Online Transfers?
Once you have the IFSC Code APGB0003178 for the H.Muravani branch of Andhra Pragathi Grameena Bank in Peddakadaburu, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code APGB0003178. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 APGB0003178.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Andhra Pragathi Grameena Bank H.Muravani in Peddakadaburu, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Andhra Pragathi Grameena Bank in H.Muravani, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Peddakadaburu manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the H.Muravani Peddakadaburu branch is APGB0003178.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at D.No.3/32, H. Muravani Vil, Peddakadabur Mandal, Kurnool District, Pin-518 323.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.