The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Andhra Pragathi Grameena Bank for its Reddipalli branch in Reddipalli, Anantapuram, Andhra Pradesh, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Andhra Pragathi Grameena Bank located in Reddipalli or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0001119. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Andhra Pragathi Grameena Bank, Reddipalli, Reddipalli
Here are some of the key details that come with the IFSC Code APGB0001119 of Andhra Pragathi Grameena Bank for its branch located in Reddipalli, within the district of Anantapuram in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pragathi Grameena Bank |
| IFSC Code | APGB0001119 |
| Branch | Reddipalli |
| City | Reddipalli |
| District | Anantapuram |
| State | Andhra Pradesh |
| Address | Andhra Pragathi Grameena Bank,Door No 1/174-A,Nallamada Main Road,Reddipalli(Villae & Post),Nallamada Mandal,Anantapuram. Pin-515501 |
These details help users in online banking and for businesses and individuals who use Andhra Pragathi Grameena Bank in Reddipalli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGB0001119 for the Reddipalli 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 that is provided by the Reserve Bank of India. A unique IFSC like APGB0001119 is given to every bank branch, including Andhra Pragathi Grameena Bank located in Reddipalli, Reddipalli, Andhra Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Andhra Pragathi Grameena Bank branch in Reddipalli.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Reddipalli and Anantapuram.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Andhra Pragathi Grameena Bank in Reddipalli doesn't end up at another location.
Format of the IFSC Code APGB0001119
The format of the IFSC Code for banks, including Andhra Pragathi Grameena Bank, has 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 Reddipalli in Reddipalli.
For example, the IFSC Code APGB0001119 of Andhra Pragathi Grameena Bank for the Reddipalli branch includes these elements, identifying the bank and the branch location in Reddipalli and Andhra Pradesh correctly.
How to Find IFSC Code for Andhra Pragathi Grameena Bank?
If you are looking for the IFSC Code APGB0001119 of Andhra Pragathi Grameena Bank for its Reddipalli branch located in Reddipalli, 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 Reddipalli and Anantapuram, 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 Reddipalli or Reddipalli to get the exact IFSC Code APGB0001119.
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 Reddipalli, then it will provide you proper information.
How to Use IFSC Code APGB0001119 for Online Transfers?
Once you have the IFSC Code APGB0001119 for the Reddipalli branch of Andhra Pragathi Grameena Bank in Reddipalli, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGB0001119. 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 APGB0001119.
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 Reddipalli in Reddipalli may result in delayed or failed transactions.
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 Reddipalli, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Reddipalli to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is APGB0001119.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Andhra Pragathi Grameena Bank,Door No 1/174-A,Nallamada Main Road,Reddipalli(Villae & Post),Nallamada Mandal,Anantapuram. Pin-515501 located in Reddipalli, Anantapuram, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.