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 Valaparla branch in Valaparla, Prakasam, 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 Valaparla or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0005197. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Andhra Pragathi Grameena Bank, Valaparla, Valaparla

Below in the table are the key details related to IFSC Code APGB0005197 of Andhra Pragathi Grameena Bank for its branch located in Valaparla, within the district of Prakasam in the state of Andhra Pradesh.

Particulars Details
Bank Andhra Pragathi Grameena Bank
IFSC Code APGB0005197
Branch Valaparla
City Valaparla
District Prakasam
State Andhra Pradesh
Address D.No.5-31, I Floor Valaparla, Martur Mandal, Prakasam District, Pin- 523 260

These details helps users in online banking and for businesses and individuals who use Andhra Pragathi Grameena Bank in Valaparla for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGB0005197 for the Valaparla branch of Andhra Pragathi Grameena Bank plays a vital role.

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 Valaparla, Valaparla, Andhra Pradesh, is provided a unique IFSC like APGB0005197 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 Valaparla.
  • 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 Valaparla and Prakasam.
  • 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 Valaparla do not get misguided to another person.

Format of the IFSC Code APGB0005197

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 Valaparla in Valaparla.

For example, the IFSC Code APGB0005197 of Andhra Pragathi Grameena Bank for the Valaparla branch has these elements, identifying the bank and the branch location in Valaparla and Andhra Pradesh correctly.

How to Find IFSC Code for Andhra Pragathi Grameena Bank?

If you are trying to find the IFSC Code APGB0005197 of Andhra Pragathi Grameena Bank for its Valaparla branch located in Valaparla, 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 Valaparla and Prakasam, 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 Valaparla or Valaparla to get the exact IFSC Code APGB0005197.

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 Valaparla, you'll get the correct details.

How to Use IFSC Code APGB0005197 for Online Transfers?

Once you have the IFSC Code APGB0005197 for the Valaparla branch of Andhra Pragathi Grameena Bank in Valaparla, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code APGB0005197. 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 APGB0005197.

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 Valaparla in Valaparla, 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 Valaparla, 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 Valaparla to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Andhra Pragathi Grameena Bank in Valaparla, Valaparla?

The IFSC Code is APGB0005197.

Is the IFSC Code APGB0005197 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Andhra Pragathi Grameena Bank Valaparla?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Valaparla branch?

The address of the branch is D.No.5-31, I Floor Valaparla, Martur Mandal, Prakasam District, Pin- 523 260 located in Valaparla, Prakasam, Andhra Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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