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 Veeraballe branch in Veeraballe, Cuddapah, 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 Veeraballe or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0002006. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Andhra Pragathi Grameena Bank, Veeraballe, Veeraballe
Here are the main details that are associated with the IFSC Code APGB0002006 of Andhra Pragathi Grameena Bank for its branch located in Veeraballe, within the district of Cuddapah in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pragathi Grameena Bank |
| IFSC Code | APGB0002006 |
| Branch | Veeraballe |
| City | Veeraballe |
| District | Cuddapah |
| State | Andhra Pradesh |
| Address | Veeraballi-516268 Veeraballi Mandal Kadapa District |
These details are essential not only for online banking users but also for businesses and individuals who use Andhra Pragathi Grameena Bank in Veeraballe for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGB0002006 for the Veeraballe branch of Andhra Pragathi Grameena Bank plays 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 Veeraballe, Veeraballe, Andhra Pradesh, is provided with a unique IFSC like APGB0002006 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 Veeraballe.
- 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 Veeraballe and Cuddapah.
- 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 Veeraballe do not get mixed with another location.
Format of the IFSC Code APGB0002006
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 Veeraballe in Veeraballe.
For example, the IFSC Code APGB0002006 of Andhra Pragathi Grameena Bank for the Veeraballe branch includes these elements, identifying the bank and the branch location in Veeraballe and Andhra Pradesh accurately.
How to Find IFSC Code for Andhra Pragathi Grameena Bank?
If you are looking for the IFSC Code APGB0002006 of Andhra Pragathi Grameena Bank for its Veeraballe branch located in Veeraballe, 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 Veeraballe and Cuddapah, 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 Veeraballe or Veeraballe to get the exact IFSC Code APGB0002006.
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 Veeraballe, then it will provide you proper information.
How to Use IFSC Code APGB0002006 for Online Transfers?
Once you have the IFSC Code APGB0002006 for the Veeraballe branch of Andhra Pragathi Grameena Bank in Veeraballe, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGB0002006. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Andhra Pragathi Grameena Bank IFSC Code APGB0002006.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Andhra Pragathi Grameena Bank Veeraballe in Veeraballe, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Andhra Pragathi Grameena Bank in Veeraballe, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Andhra Pragathi Grameena Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Veeraballe manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is APGB0002006.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Veeraballi-516268 Veeraballi Mandal Kadapa District located in Veeraballe, Cuddapah, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.