It is very important to find correct branch before initiating any bank process. Though all banks will have a mechanism to verify the Magallu Branch, Account Type, IFSC Code, MICR Code, and Account Name, etc. and any mismatch will result in failed transaction!
The best and simplest place to verify Magallu branch is the cheque book. All banks will print the Magallu on the cheque books. Also, your account pass book should have the Magallu branch printed.
The address of Magallu branch is Dno 1-134, magallu, nandigama mandal, which is located in Magallu District of Andhra Pradesh State. IFSC code used in online fund transfer and MICR code used in clearing of cheques for Saptagiri Grameena Bank Magallu is also provided.
Magallu has number of branches spread across India. Branch banking has undergone significant changes in response to the competition in financial services market and the ever increasing consumer demands. This leads to a single consumer bearing more than one account in different banks and due to internet banking, as in case of Saptagiri Grameena Bank Magallu branch, fund transfer between these banks is also possible.