Andhra Pragathi Grameena Bank comes under the category of a regional rural bank. It came into existence in June-2006 majorly to provide banking facilities in the rural areas of draught affected areas known as Rayalaseema region. It is head quartered in Kadapa district of Andhra Pradesh.
This bank resulted from the union of three rural banks named Pinakini Grameena Bank, Sri Anantha Grameena Bank and Rayalaseema Grameena Bank with the help of Syndicate bank.
It caters the needs of rural poor people within 5 districts of Andhra Pradesh namely Anantapur, Kadapa, Kurnool, Nellore and Prakasam.
It has seven regional offices and is spread to develop 470 branches in rural Andhra Pradesh till date. Andhra Pragathi Grameena Bank was awarded recently in 2015, for being the bank having the highest assets among the category of regional rural banks of India.
Andhra Pragathi Grameena Bank has National Electronics Fund Transfer (NEFT) and Real Time Gross settlement (RTGS) facilities which supports many branches across India. This requires 11 character alphanumerical Indian Financial System Code (IFSC Code) which is facilitated by RBI to every branch of this bank.
This bank provides loan and overdrafts to poor farmers for their self-dependency, agriculture, health, studies and several other purposes. It also provides core banking facilities and loan against gold for the people in need. MICR code is applicable for processing the cheques for various schemes and overdrafts.
Magnetic ink character recognition code (MICR code) is generally used by banks for cheque processing wherein the MICR code information containing bank code, account number and cheque number is found at the bottom of cheque. Each bank has a specific and unique MICR code which is required to process any third party transactions.
Bankers can use MICR code for authentication. MICR code is very important for any transaction and the credit goes to MICR ink which consists of iron powder hence it can be magnetized for storing digital information.
Andhra Pragathi Grameena Bank MICR code can be identified from the bank IFSC code, bankbazaar.com and micr.indianbankdetails.com
In the first two websites, you need to select the bank name, the state name, the district name and the branch name from the drop down menu provided by the search engine. After selection of all the search criteria the MICR code will be displayed along with the branch name, address and contact details.
If you are visiting micr.indianbankdetails.com, it will display you all the twenty centres (Adoni, Anantapur, Gudur, Guntakal, Dharmavaram, Hindupur, Kadapa, Proddatur, Puttaparthi, Kadiri, Kavali, Kurnool, Markapur, Ongole, Nandyal, Nellore, Rayachoti, Tadipatri, Venkatagiri, Yemmiganur) of Andhra Pragathi Grameena Bank throughout Andhra Pradesh.
You have to select the desired centre out of the twenty centres. All the branches present in that centre will be displayed along with MICR code, city code, bank code, branch code and regional office. On facing trouble to identify the branch, you can use the search box.
Some branches may be misspelled and therefore difficult to identify, confirm such cases with the complete address and the complete list of banks.