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APGB0004002 IFSC Code for Andhra Pragathi Grameena Bank (APGB) Vakadu branch located at Andhra Pradesh state, Nellore district, Vakadu, and branch Address is Vakadu - 524415 Vakadu Mandal Nellore District, Branch Contact numbers 08624- 240256 Branch code is 004002 last six characters of the IFSC Code.
Bank Information

Andhra Pragathi Grameena Bank (APGB)
Phone: 08562 244153
email: [email protected]
Web: www.apgb.in

» View All Banks List in Vakadu
Branch Information Last updated Jun 5, 2013
IFSC: APGB0004002
MICR: 524703662
Branch Code: 004002
City: VAKADU
District: NELLORE
Address: VAKADU - 524415 VAKADU MANDAL NELLORE DISTRICT
Contact: 08624- 240256
Map Location of Vakadu, Nellore, Andhra Pradesh
Vakadu
Vakadu
Vakadu
What is IFSC Code APGB0004002?
IFSC or Indian Financial System Code is an alpha-numeric code that uniquely identifies a bank-branch participating in the NEFT system.
This is an 11 digit code with the first 4 alpha characters representing the bank, and the last 6 characters representing the branch.
The 5th character is 0 (zero).
IFSC is used by the NEFT system to identify the originating / destination banks / branches and also to route the messages appropriately to the concerned banks / branches.

IFSC is 11 alpha numeric characters code assigned by Reserve Bank of India to bank branches for facilitating online money / fund transfer using NEFT, RTGS or ECS between two bank accounts.

  • The code consists of 11 Characters : (APGB0004002) 11 alpha numeric characters code assigned by Reserve Bank of India to Andhra Pragathi Grameena Bank (APGB) Vakadu Branch
  • First 4 characters represent the entity (APGB0004002)
  • Fifth position has been defaulted with a '0' (Zero) for future use (ICIC0004002)
  • Last 6 character denotes the branch identity (ICIC0004002)

What is MICR Code 524703662?
Magnetic ink character recognition (MICR) is a character recognition technology used primarily by the banking industry to facilitate the processing of cheques.
MICR characters are printed in special typefaces with a magnetic ink or toner, usually containing iron oxide. A special machine is used to read these characters, which can be easily read by humans too. The characters are usually printed on the bottom strip of cheque leaf.
This MICR code is used By RBI (Reserve bank Of India) clearing process to identify the branch and bank for clearing processes.
MICR 524703662 is 9 digits code printed on cheques to facilitate and expedite clearance of cheques in banking system.

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