IFSC Code of Andhra Pragathi Grameena Bank, Yerragondapalem, Prakasam, Andhra Pradesh- APGB0005058

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Andhra Pragathi Grameena Bank for its Yerragondapalem branch in Yerragondapalem, Prakasam, Andhra Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Andhra Pragathi Grameena Bank located in Yerragondapalem or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGB0005058. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

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

Below in the table are the key details related to IFSC Code APGB0005058 of Andhra Pragathi Grameena Bank for its branch located in Yerragondapalem, within the district of Prakasam 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 Yerragondapalem for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGB0005058 for the Yerragondapalem 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, along with Andhra Pragathi Grameena Bank located in Yerragondapalem, Yerragondapalem, Andhra Pradesh, are allotted a unique IFSC like APGB0005058 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Yerragondapalem.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Yerragondapalem and Prakasam.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Andhra Pragathi Grameena Bank in Yerragondapalem reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.

Format of the IFSC Code APGB0005058

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 Yerragondapalem in Yerragondapalem.

For example, the IFSC Code APGB0005058 of Andhra Pragathi Grameena Bank for the Yerragondapalem branch has these elements, identifying the bank and the branch location in Yerragondapalem and Andhra Pradesh correctly.

How to Find IFSC Code for Andhra Pragathi Grameena Bank?

If you are trying to find the IFSC Code APGB0005058 of Andhra Pragathi Grameena Bank for its Yerragondapalem branch located in Yerragondapalem, 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 Yerragondapalem and Prakasam, 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 Yerragondapalem or Yerragondapalem to get the exact IFSC Code APGB0005058.

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 Yerragondapalem, you'll get the correct details.

How to Use IFSC Code APGB0005058 for Online Transfers?

Once you have the IFSC Code APGB0005058 for the Yerragondapalem branch of Andhra Pragathi Grameena Bank in Yerragondapalem, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code APGB0005058. 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 APGB0005058.

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