There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Andhra Pradesh Grameena Vikas Bank for its Kothur Junction branch in Anakapalle, Visakhapatnam, Andhra Pradesh, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Andhra Pradesh Grameena Vikas Bank situated in Anakapalle or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code APGV0003373. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Andhra Pradesh Grameena Vikas Bank, Kothur Junction, Anakapalle
Below in the table are the key details related to IFSC Code APGV0003373 of Andhra Pradesh Grameena Vikas Bank for its branch located in Anakapalle, within the district of Visakhapatnam in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0003373 |
| Branch | Kothur Junction |
| City | Anakapalle |
| District | Visakhapatnam |
| State | Andhra Pradesh |
| Address | 763/1, A.M.A.L. College Junction, Bypass Road, Kottur, Anakapalle 532001 |
These details are essential not only for online banking users but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Anakapalle for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0003373 for the Kothur Junction branch of Andhra Pradesh Grameena Vikas Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like APGV0003373 is given to every bank branch, including Andhra Pradesh Grameena Vikas Bank located in Kothur Junction, Anakapalle, Andhra Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Andhra Pradesh Grameena Vikas Bank branch in Anakapalle.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Anakapalle and Visakhapatnam.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Andhra Pradesh Grameena Vikas Bank in Kothur Junction doesn't end up at another location.
Format of the IFSC Code APGV0003373
The format of the IFSC Code for banks, including Andhra Pradesh Grameena Vikas Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Andhra Pradesh Grameena Vikas Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kothur Junction in Anakapalle.
For example, the IFSC Code APGV0003373 of Andhra Pradesh Grameena Vikas Bank for the Kothur Junction branch includes these elements, identifying the bank and the branch location in Anakapalle and Andhra Pradesh accurately.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are looking for the IFSC Code APGV0003373 of Andhra Pradesh Grameena Vikas Bank for its Kothur Junction branch located in Anakapalle, the following methods can help:
Cheque Book
The cheque book that is issued by Andhra Pradesh Grameena Vikas Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Andhra Pradesh Grameena Vikas Bank branches in Anakapalle and Visakhapatnam, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Andhra Pradesh Grameena Vikas Bank and look for the branch locator section, then search for Kothur Junction or Anakapalle to get the exact IFSC Code APGV0003373.
Mobile Banking App
If you use Andhra Pradesh Grameena Vikas Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Andhra Pradesh Grameena Vikas Bank and Anakapalle, then it will provide you proper information.
How to Use IFSC Code APGV0003373 for Online Transfers?
Once you have the IFSC Code APGV0003373 for the Kothur Junction branch of Andhra Pradesh Grameena Vikas Bank in Anakapalle, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code APGV0003373. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Andhra Pradesh Grameena Vikas Bank IFSC Code APGV0003373.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Andhra Pradesh Grameena Vikas Bank Kothur Junction in Anakapalle, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Andhra Pradesh Grameena Vikas Bank in Kothur Junction, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Andhra Pradesh Grameena Vikas Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Anakapalle manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kothur Junction Anakapalle branch is APGV0003373.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at 763/1, A.M.A.L. College Junction, Bypass Road, Kottur, Anakapalle 532001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.