IFSC Code: Apgb0005062

Bank: Andhra Pragathi Grameena Bank
IFSC Code: Apgb0005062
MICR Code: 523703648
Address: Kunduru ┬Û 523303 Santhamagulur Mandal Prakasam District
City: Prakasam
District: Kunduru
State: Andhra Pradesh

IFSC is acronym of Indian Financial System Code. IFSC code is an alphanumeric code which is used to electronically transfer funds in India. This code uniquely identifies each bank branch participating in the two main Payment and settlement systems in India: (1.) the Real Time Gross Settlement (RTGS) and (2.) the National Electronic Fund Transfer (NEFT) systems.

The IFSC code is an 11-character code. Of which first four are alphabetic characters and last six are usually numeric but it can be alphabetic too.

First four characters represent bank name and last six characters represent branch. Eleventh character is reserved for future use.

Let's decode IFSC code Apgb0005062.

  • In our case IFSC code's first four characters Apgb represents bank Andhra Pragathi Grameena Bank.
  • Remaining characters which are 0005062 represents branch. In our case branch is located at address Kunduru ┬Û 523303 Santhamagulur Mandal Prakasam District.

The easiest way to find IFSC code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.