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 Tangatur branch in Tangatur, Ysr Kadapa, 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 Tangatur or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0002199. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Andhra Pragathi Grameena Bank, Tangatur, Tangatur
Here are the main details that are associated with the IFSC Code APGB0002199 of Andhra Pragathi Grameena Bank for its branch located in Tangatur, within the district of Ysr Kadapa in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pragathi Grameena Bank |
| IFSC Code | APGB0002199 |
| Branch | Tangatur |
| City | Tangatur |
| District | Ysr Kadapa |
| State | Andhra Pradesh |
| Address | 4/51,Tangatur Village,Rajupalem Mandal,Ysr Kadapa(Dist),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 Tangatur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGB0002199 for the Tangatur 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 provided by the Reserve Bank of India. Every bank branch, including Andhra Pragathi Grameena Bank located in Tangatur, Tangatur, Andhra Pradesh, is provided with a unique IFSC like APGB0002199 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Andhra Pragathi Grameena Bank branch in Tangatur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Tangatur and Ysr Kadapa.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Andhra Pragathi Grameena Bank in Tangatur do not get mixed with another location.
Format of the IFSC Code APGB0002199
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): These represent the bank code. In Andhra Pragathi Grameena Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Tangatur in Tangatur.
For example, the IFSC Code APGB0002199 of Andhra Pragathi Grameena Bank for the Tangatur branch has these elements, identifying the bank and the branch location in Tangatur and Andhra Pradesh correctly.
How to Find IFSC Code for Andhra Pragathi Grameena Bank?
If you are trying to find the IFSC Code APGB0002199 of Andhra Pragathi Grameena Bank for its Tangatur branch located in Tangatur, 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
Most banks, including Andhra Pragathi Grameena Bank branches in Tangatur and Ysr Kadapa, print the IFSC and MICR codes 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 Tangatur or Tangatur to get the exact IFSC Code APGB0002199.
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 Tangatur, you'll get the correct details.
How to Use IFSC Code APGB0002199 for Online Transfers?
Once you have the IFSC Code APGB0002199 for the Tangatur branch of Andhra Pragathi Grameena Bank in Tangatur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGB0002199. 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 APGB0002199.
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 Tangatur in Tangatur 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 Tangatur, 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 Tangatur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is APGB0002199.
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 4/51,Tangatur Village,Rajupalem Mandal,Ysr Kadapa(Dist),Andhra Pradesh located in Tangatur, Ysr Kadapa, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.