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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of The Andhra Pradesh State Cooperative Bank Limited for its Kolli Para branch in Guntur, Kolli Para, or Andhra Pradesh, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of The Andhra Pradesh State Cooperative Bank Limited located in Guntur or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APBL0007017. 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 The Andhra Pradesh State Cooperative Bank Limited, Kolli Para, Guntur
Below in the table are the key details related to IFSC Code APBL0007017 of The Andhra Pradesh State Cooperative Bank Limited for its branch located in Guntur, within the district of Kolli Para in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | The Andhra Pradesh State Cooperative Bank Limited |
| IFSC Code | APBL0007017 |
| Branch | Kolli Para |
| City | Guntur |
| District | Kolli Para |
| State | Andhra Pradesh |
| Address | Kollipara - 522304 |
These details helps users in online banking and for businesses and individuals who use The Andhra Pradesh State Cooperative Bank Limited in Guntur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APBL0007017 for the Kolli Para branch of The Andhra Pradesh State Cooperative Bank Limited plays a vital 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 APBL0007017 is given to every bank branch, including The Andhra Pradesh State Cooperative Bank Limited located in Kolli Para, Guntur, Andhra Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the The Andhra Pradesh State Cooperative Bank Limited branch in Guntur.
- 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 Guntur and Kolli Para.
- 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 The Andhra Pradesh State Cooperative Bank Limited in Kolli Para doesn't end up at another location.
Format of the IFSC Code APBL0007017
The format of the IFSC Code for banks, including The Andhra Pradesh State Cooperative Bank Limited, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For The Andhra Pradesh State Cooperative Bank Limited, 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 Kolli Para in Guntur.
For example, the IFSC Code APBL0007017 of The Andhra Pradesh State Cooperative Bank Limited for the Kolli Para branch includes these elements, identifying the bank and the branch location in Guntur and Andhra Pradesh correctly.
How to Find IFSC Code for The Andhra Pradesh State Cooperative Bank Limited?
If you are trying to find the IFSC Code APBL0007017 of The Andhra Pradesh State Cooperative Bank Limited for its Kolli Para branch located in Guntur, the following methods can help:
Cheque Book
The cheque book issued by The Andhra Pradesh State Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including The Andhra Pradesh State Cooperative Bank Limited branches in Guntur and Kolli Para, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of The Andhra Pradesh State Cooperative Bank Limited and navigate to the branch locator section. Search for Kolli Para or Guntur to get the exact IFSC Code APBL0007017.
Mobile Banking App
If you use The Andhra Pradesh State Cooperative Bank Limited'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 The Andhra Pradesh State Cooperative Bank Limited and Guntur, you'll get the correct details.
How to Use IFSC Code APBL0007017 for Online Transfers?
Once you have the IFSC Code APBL0007017 for the Kolli Para branch of The Andhra Pradesh State Cooperative Bank Limited in Guntur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code APBL0007017. The transfer is completed in batches instead of instantly. It is useful for both 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 The Andhra Pradesh State Cooperative Bank Limited IFSC Code APBL0007017.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Andhra Pradesh State Cooperative Bank Limited Kolli Para in Guntur, 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 The Andhra Pradesh State Cooperative Bank Limited in Kolli Para, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official The Andhra Pradesh State Cooperative Bank Limited website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Guntur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is APBL0007017.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Kollipara - 522304 located in Guntur, Kolli Para, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.