IFSC Code of Andhra Pragathi Grameena Bank, Basavanahalli, Anantapur, Andhra Pradesh- APGB0001098

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 Basavanahalli branch in Rolla, Anantapur, 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 Rolla or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0001098. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Andhra Pragathi Grameena Bank, Basavanahalli, Rolla

Here are the key points that are associated with the IFSC Code APGB0001098 of Andhra Pragathi Grameena Bank for its branch located in Rolla, within the district of Anantapur in the state of Andhra Pradesh.

These details are crucial, not just for online banking users but also for businesses and individuals who use Andhra Pragathi Grameena Bank in Rolla for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGB0001098 for the Basavanahalli branch of Andhra Pragathi Grameena Bank has an 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 APGB0001098 is given to every bank branch, including Andhra Pragathi Grameena Bank located in Basavanahalli, Rolla, 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 Rolla.
• 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 Rolla and Anantapur.
• 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 Basavanahalli doesn't end up at another location.

Format of the IFSC Code APGB0001098

The format of the IFSC Code for banks, including Andhra Pragathi Grameena Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Andhra Pragathi Grameena Bank, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Basavanahalli in Rolla.

For example, the IFSC Code APGB0001098 of Andhra Pragathi Grameena Bank for the Basavanahalli branch includes these elements, identifying the bank and the branch location in Rolla and Andhra Pradesh accurately.

How to Find IFSC Code for Andhra Pragathi Grameena Bank?

If you are trying to find the IFSC Code APGB0001098 of Andhra Pragathi Grameena Bank for its Basavanahalli branch located in Rolla, 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 Rolla and Anantapur, 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 Basavanahalli or Rolla to get the exact IFSC Code APGB0001098.

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 Rolla, you'll get the correct details.

How to Use IFSC Code APGB0001098 for Online Transfers?

Once you have the IFSC Code APGB0001098 for the Basavanahalli branch of Andhra Pragathi Grameena Bank in Rolla, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code APGB0001098. 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 APGB0001098.

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 Basavanahalli in Rolla 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 Basavanahalli, 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 Rolla manage their online transfers and cheque clearances easily.