For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Andhra Pragathi Grameena Bank for its Peddakadaburu branch in Peddakadaburu, Kurnool, Andhra Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Andhra Pragathi Grameena Bank located in Peddakadaburu or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0003119. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Andhra Pragathi Grameena Bank, Peddakadaburu, Peddakadaburu
Here are some of the key details that come with the IFSC Code APGB0003119 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 | APGB0003119 |
| Branch | Peddakadaburu |
| City | Peddakadaburu |
| District | Kurnool |
| State | Andhra Pradesh |
| Address | Peddakadabur-518323 Peddakadabur Mandal Kurnool District |
These details help 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 APGB0003119 for the Peddakadaburu branch of Andhra Pragathi Grameena Bank has a very important 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 Peddakadaburu, Peddakadaburu, Andhra Pradesh, are given a unique IFSC like APGB0003119 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 any kind of 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 helps ensure that any money sent to Andhra Pragathi Grameena Bank in Peddakadaburu goes to the correct branch. This is important because Andhra Pragathi Grameena Bank has thousands of branches in Andhra Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code APGB0003119
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 Peddakadaburu in Peddakadaburu.
For example, the IFSC Code APGB0003119 of Andhra Pragathi Grameena Bank for the Peddakadaburu 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?
To find the IFSC Code APGB0003119 of Andhra Pragathi Grameena Bank for its Peddakadaburu branch located in Peddakadaburu, 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 Peddakadaburu and Kurnool, 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 Peddakadaburu or Peddakadaburu to find the exact IFSC Code APGB0003119.
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 Peddakadaburu will provide accurate information.
How to Use IFSC Code APGB0003119 for Online Transfers?
Once you have the IFSC Code APGB0003119 for the Peddakadaburu 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 APGB0003119. 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 APGB0003119.
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 Peddakadaburu in Peddakadaburu, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Andhra Pragathi Grameena Bank in Peddakadaburu, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Andhra Pragathi Grameena Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Peddakadaburu manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is APGB0003119.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Peddakadabur-518323 Peddakadabur Mandal Kurnool District located in Peddakadaburu, Kurnool, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.