There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of The Andhra Pradesh State Cooperative Bank Limited for its Mandapeta branch in Kakinada, Mandapeta, Andhra Pradesh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of The Andhra Pradesh State Cooperative Bank Limited situated in Kakinada or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code APBL0004024. You should 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, Mandapeta, Kakinada

Here are the key points that are associated with the IFSC Code APBL0004024 of The Andhra Pradesh State Cooperative Bank Limited for its branch located in Kakinada, within the district of Mandapeta in the state of Andhra Pradesh.

Particulars Details
Bank The Andhra Pradesh State Cooperative Bank Limited
IFSC Code APBL0004024
Branch Mandapeta
City Kakinada
District Mandapeta
State Andhra Pradesh
Address D.No.5-16-14, Burrugunta Tank Road, Mandapeta

These details are essential not only for online banking users but also for businesses and individuals who use The Andhra Pradesh State Cooperative Bank Limited in Kakinada for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APBL0004024 for the Mandapeta branch of The Andhra Pradesh State Cooperative Bank Limited 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 The Andhra Pradesh State Cooperative Bank Limited located in Mandapeta, Kakinada, Andhra Pradesh, is provided with a unique IFSC like APBL0004024 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the The Andhra Pradesh State Cooperative Bank Limited branch in Kakinada.
  • 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 Kakinada and Mandapeta.
  • 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 The Andhra Pradesh State Cooperative Bank Limited in Mandapeta do not get mixed with another location.

Format of the IFSC Code APBL0004024

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 Mandapeta in Kakinada.

For example, the IFSC Code APBL0004024 of The Andhra Pradesh State Cooperative Bank Limited for the Mandapeta branch includes these elements, identifying the bank and the branch location in Kakinada 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 APBL0004024 of The Andhra Pradesh State Cooperative Bank Limited for its Mandapeta branch located in Kakinada, the following methods can help:

Cheque Book

The cheque books that are issued by The Andhra Pradesh State Cooperative Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including The Andhra Pradesh State Cooperative Bank Limited branches in Kakinada and Mandapeta, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of The Andhra Pradesh State Cooperative Bank Limited and find the branch locator section. Search for Mandapeta or Kakinada to get the exact IFSC Code APBL0004024.

Mobile Banking App

If you use The Andhra Pradesh State Cooperative Bank Limited's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for The Andhra Pradesh State Cooperative Bank Limited and Kakinada that will provide accurate information.

How to Use IFSC Code APBL0004024 for Online Transfers?

Once you have the IFSC Code APBL0004024 for the Mandapeta branch of The Andhra Pradesh State Cooperative Bank Limited in Kakinada, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code APBL0004024. 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 The Andhra Pradesh State Cooperative Bank Limited IFSC Code APBL0004024.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for The Andhra Pradesh State Cooperative Bank Limited Mandapeta in Kakinada 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 The Andhra Pradesh State Cooperative Bank Limited in Mandapeta, 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 The Andhra Pradesh State Cooperative Bank Limited website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Kakinada to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Andhra Pradesh State Cooperative Bank Limited in Mandapeta, Kakinada?

The IFSC Code is APBL0004024.

Is the IFSC Code APBL0004024 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of The Andhra Pradesh State Cooperative Bank Limited Mandapeta?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Mandapeta branch?

The address of the branch is D.No.5-16-14, Burrugunta Tank Road, Mandapeta located in Kakinada, Mandapeta, 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.