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Andhra Pradesh State Co-operative Bank, PALAKONDA

Here is the IFSC & MICR Codes of Andhra Pradesh State Co-operative Bank, PALAKONDA, PALAKONDA, ANDHRA PRADESH. Also get the latest address, contact number of Andhra Pradesh State Co-operative Bank, PALAKONDA.

IFSC Code
APBL0001007
Branch
PALAKONDA
Address
MUDUNRUVARI VEEDI, PALAKONDA -532 440
Bank Code
APBL
MICR
532852502

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Frequently asked questions

What's the IFSC Code of PALAKONDA, Andhra Pradesh State Co-operative Bank?

The IFSC Code of PALAKONDA, Andhra Pradesh State Co-operative Bank is APBL0001007.

What's the Address of PALAKONDA, Andhra Pradesh State Co-operative Bank?

The Address of PALAKONDA, Andhra Pradesh State Co-operative Bank is MUDUNRUVARI VEEDI, PALAKONDA -532 440.

What's the MICR Code of PALAKONDA, Andhra Pradesh State Co-operative Bank?

The MICR Code of PALAKONDA, Andhra Pradesh State Co-operative Bank is 532852502.

What's the District PALAKONDA, Andhra Pradesh State Co-operative Bank falls under?

The District PALAKONDA, Andhra Pradesh State Co-operative Bank falls under is SRIKAKULAM.

Definition

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

  • The first four characters represent the bank code, identifying the bank that the branch belongs to.
  • The fifth character is always a zero, reserved for future use.
  • The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).