The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Andhra Pradesh Grameena Vikas Bank for its Nehru Chowk Anakapalli branch in Anakapalle, Visakhapatnam, Andhra Pradesh, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Andhra Pradesh Grameena Vikas Bank located in Anakapalle or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGV0003380. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Andhra Pradesh Grameena Vikas Bank, Nehru Chowk Anakapalli, Anakapalle
The table below shows the main details of the IFSC Code APGV0003380 for the Andhra Pradesh Grameena Vikas Bank branch in Anakapalle, which falls under the Visakhapatnam district in Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0003380 |
| Branch | Nehru Chowk Anakapalli |
| City | Anakapalle |
| District | Visakhapatnam |
| State | Andhra Pradesh |
| Address | Anakapalli 2Nd Branch,Anakapalli(Mandal),Visakhapatnam Dist 531001 |
These details helps users in online banking and for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Anakapalle for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0003380 for the Nehru Chowk Anakapalli branch of Andhra Pradesh Grameena Vikas Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Andhra Pradesh Grameena Vikas Bank located in Nehru Chowk Anakapalli, Anakapalle, Andhra Pradesh, is provided with a unique IFSC like APGV0003380 to ensure that online payments reach the right destination.
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 errors or confusions between multiple branches of the same bank across different places like Anakapalle and Visakhapatnam.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Andhra Pradesh Grameena Vikas Bank in Nehru Chowk Anakapalli do not get mixed with another location.
Format of the IFSC Code APGV0003380
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): These represent the bank code. In Andhra Pradesh Grameena Vikas Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Nehru Chowk Anakapalli in Anakapalle.
For example, the IFSC Code APGV0003380 of Andhra Pradesh Grameena Vikas Bank for the Nehru Chowk Anakapalli branch has these elements, identifying the bank and the branch location in Anakapalle and Andhra Pradesh correctly.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are trying to find the IFSC Code APGV0003380 of Andhra Pradesh Grameena Vikas Bank for its Nehru Chowk Anakapalli branch located in Anakapalle, the following methods can help:
Cheque Book
The cheque books that are issued by Andhra Pradesh Grameena Vikas Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most 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
Visit the official website of Andhra Pradesh Grameena Vikas Bank and find the branch locator section. Search for Nehru Chowk Anakapalli or Anakapalle to get the exact IFSC Code APGV0003380.
Mobile Banking App
If you use Andhra Pradesh Grameena Vikas Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Andhra Pradesh Grameena Vikas Bank and Anakapalle that will provide accurate information.
How to Use IFSC Code APGV0003380 for Online Transfers?
Once you have the IFSC Code APGV0003380 for the Nehru Chowk Anakapalli 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 APGV0003380. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 APGV0003380.
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 Nehru Chowk Anakapalli 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 Nehru Chowk Anakapalli, 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 Nehru Chowk Anakapalli Anakapalle branch is APGV0003380.
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 Anakapalli 2Nd Branch,Anakapalli(Mandal),Visakhapatnam Dist 531001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.