IFSC Code of Andhra Pragathi Grameena Bank, Rayadurg, Anantapur, Andhra Pradesh- APGB0001031

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 Rayadurg branch in Rayadurg, Anantapur, 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 Rayadurg or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code APGB0001031. 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, Rayadurg, Rayadurg

The table below shows the main details of the IFSC Code APGB0001031 for the Andhra Pragathi Grameena Bank branch in Rayadurg, which falls under the Anantapur district in Andhra Pradesh.

These details are important not only for users using online banking but also for businesses and individuals who use Andhra Pragathi Grameena Bank in Rayadurg for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code APGB0001031 for the Rayadurg branch of Andhra Pragathi Grameena Bank is vital.

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 Rayadurg, Rayadurg, Andhra Pradesh, is provided a unique IFSC like APGB0001031 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 Rayadurg.
• 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 Rayadurg 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 Rayadurg do not get misguided to another person.

Format of the IFSC Code APGB0001031

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 Rayadurg in Rayadurg.

For example, the IFSC Code APGB0001031 of Andhra Pragathi Grameena Bank for the Rayadurg branch includes these elements, identifying the bank and the branch location in Rayadurg and Andhra Pradesh accurately.

How to Find IFSC Code for Andhra Pragathi Grameena Bank?

If you are trying to find the IFSC Code APGB0001031 of Andhra Pragathi Grameena Bank for its Rayadurg branch located in Rayadurg, the following methods can help:

Cheque Book

The cheque books that are issued by Andhra Pragathi Grameena Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Andhra Pragathi Grameena Bank branches in Rayadurg 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 find the branch locator section. Search for Rayadurg or Rayadurg to get the exact IFSC Code APGB0001031.

Mobile Banking App

If you use Andhra Pragathi Grameena Bank's mobile app, you can easily 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 to help you in searching for Andhra Pragathi Grameena Bank and Rayadurg that will provide accurate information.

How to Use IFSC Code APGB0001031 for Online Transfers?

Once you have the IFSC Code APGB0001031 for the Rayadurg branch of Andhra Pragathi Grameena Bank in Rayadurg, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code APGB0001031. 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 APGB0001031.

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 Rayadurg in Rayadurg 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 Rayadurg, 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 Rayadurg manage their online transfers and cheque clearances easily.