IFSC Code of Andhra Pragathi Grameena Bank, Peddamudiyam, Cuddapah, Andhra Pradesh- APGB0002040

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 Peddamudiyam branch in Peddamudiyam, Cuddapah, 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 Peddamudiyam or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0002040. 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, Peddamudiyam, Peddamudiyam

The table below shows the main details of the IFSC Code APGB0002040 for the Andhra Pragathi Grameena Bank branch in Peddamudiyam, which falls under the Cuddapah district in Andhra Pradesh.

These details help users in online banking and for businesses and individuals who use Andhra Pragathi Grameena Bank in Peddamudiyam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGB0002040 for the Peddamudiyam 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 Peddamudiyam, Peddamudiyam, Andhra Pradesh, are given a unique IFSC like APGB0002040 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Peddamudiyam.
• 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 Peddamudiyam and Cuddapah.
• 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 Peddamudiyam 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 APGB0002040

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 Peddamudiyam in Peddamudiyam.

For example, the IFSC Code APGB0002040 of Andhra Pragathi Grameena Bank for the Peddamudiyam branch includes these elements, identifying the bank and the branch location in Peddamudiyam and Andhra Pradesh accurately.

How to Find IFSC Code for Andhra Pragathi Grameena Bank?

If you are trying to find the IFSC Code APGB0002040 of Andhra Pragathi Grameena Bank for its Peddamudiyam branch located in Peddamudiyam, the following methods can help:

Cheque Book

The cheque book issued by Andhra Pragathi Grameena Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Andhra Pragathi Grameena Bank branches in Peddamudiyam and Cuddapah, print them on the first page of your passbook.

Bank Website

Visit the official website of Andhra Pragathi Grameena Bank and navigate to the branch locator section. Search for Peddamudiyam or Peddamudiyam to get the exact IFSC Code APGB0002040.

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 keeps an updated list of all IFSC codes. If you search for Andhra Pragathi Grameena Bank and Peddamudiyam, you'll get the correct details.

How to Use IFSC Code APGB0002040 for Online Transfers?

Once you have the IFSC Code APGB0002040 for the Peddamudiyam branch of Andhra Pragathi Grameena Bank in Peddamudiyam, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code APGB0002040. 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 APGB0002040.

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 Peddamudiyam in Peddamudiyam, 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 Peddamudiyam, 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 Peddamudiyam manage online transfers as well as cheque clearances with ease.