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 Arakuvaley branch in Arakuvaley, 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 Arakuvaley or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGV0003304. 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, Arakuvaley, Arakuvaley

The table below shows the main details of the IFSC Code APGV0003304 for the Andhra Pradesh Grameena Vikas Bank branch in Arakuvaley, which falls under the Visakhapatnam district in Andhra Pradesh.

Particulars Details
Bank Andhra Pradesh Grameena Vikas Bank
IFSC Code APGV0003304
Branch Arakuvaley
City Arakuvaley
District Visakhapatnam
State Andhra Pradesh
Address Araku Valley 3304,Visakapatnam Dist. 531 045

These details helps users in online banking and for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Arakuvaley for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0003304 for the Arakuvaley 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Andhra Pradesh Grameena Vikas Bank located in Arakuvaley, Arakuvaley, Andhra Pradesh, is provided a unique IFSC like APGV0003304 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Andhra Pradesh Grameena Vikas Bank branch in Arakuvaley.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Arakuvaley and Visakhapatnam.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Andhra Pradesh Grameena Vikas Bank in Arakuvaley do not get misguided to another person.

Format of the IFSC Code APGV0003304

The format of the IFSC Code for banks, including Andhra Pradesh Grameena Vikas Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Andhra Pradesh Grameena Vikas Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Arakuvaley in Arakuvaley.

For example, the IFSC Code APGV0003304 of Andhra Pradesh Grameena Vikas Bank for the Arakuvaley branch includes these elements, identifying the bank and the branch location in Arakuvaley and Andhra Pradesh accurately.

How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?

If you are trying to find the IFSC Code APGV0003304 of Andhra Pradesh Grameena Vikas Bank for its Arakuvaley branch located in Arakuvaley, the following methods can help:

Cheque Book

The cheque book issued by Andhra Pradesh Grameena Vikas Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Andhra Pradesh Grameena Vikas Bank branches in Arakuvaley and Visakhapatnam, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Andhra Pradesh Grameena Vikas Bank and navigate to the branch locator section. Search for Arakuvaley or Arakuvaley to get the exact IFSC Code APGV0003304.

Mobile Banking App

If you use Andhra Pradesh Grameena Vikas Bank's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Andhra Pradesh Grameena Vikas Bank and Arakuvaley, you'll get the correct details.

How to Use IFSC Code APGV0003304 for Online Transfers?

Once you have the IFSC Code APGV0003304 for the Arakuvaley branch of Andhra Pradesh Grameena Vikas Bank in Arakuvaley, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code APGV0003304. 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 APGV0003304.

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 Arakuvaley in Arakuvaley, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Andhra Pradesh Grameena Vikas Bank in Arakuvaley, here are some ways that you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Andhra Pradesh Grameena Vikas Bank website.
  • Search the RBI portal.

If you know both IFSC and MICR codes, then it can help account holders in Arakuvaley manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Andhra Pradesh Grameena Vikas Bank in Arakuvaley, Arakuvaley?

The IFSC Code is APGV0003304.

Is the IFSC Code APGV0003304 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Andhra Pradesh Grameena Vikas Bank Arakuvaley?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Arakuvaley branch?

The address of the branch is Araku Valley 3304,Visakapatnam Dist. 531 045 located in Arakuvaley, Visakhapatnam, Andhra Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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