What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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The Andhra Pradesh State Cooperative Bank Limited Akividu Eluru Branch IFSC/MICR Code Details
Bank Name THE ANDHRA PRADESH STATE COOPERATIVE BANK LIMITED
Address NEAR SBI, AKIVEEDU
State ANDHRA PRADESH
District ELURU
Branch AKIVIDU
IFSC Code APBL0005003
Branch Code 005003 (Last six characters of IFSC code represent Branch code.)
MICR Code 534837722
Contact Phone 252141
via https://bankingzone.in/ifsc

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