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 Bollaram Village branch in Bollaram, Sangareddy, Telangana, 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 Bollaram or anywhere in Telangana can easily transfer funds instantly by using the correct IFSC Code APGV0008193. 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, Bollaram Village, Bollaram
The table below shows the main details of the IFSC Code APGV0008193 for the Andhra Pradesh Grameena Vikas Bank branch in Bollaram, which falls under the Sangareddy district in Telangana.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0008193 |
| Branch | Bollaram Village |
| City | Bollaram |
| District | Sangareddy |
| State | Telangana |
| Address | Plot No. 3 & 6 Survey. No. 160, Main Road, Bollaram, Aie Bollaram, 502325 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Bollaram for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0008193 for the Bollaram Village branch of Andhra Pradesh Grameena Vikas Bank has 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 APGV0008193 is given to every bank branch, including Andhra Pradesh Grameena Vikas Bank located in Bollaram Village, Bollaram, Telangana, 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 Bollaram.
- 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 Bollaram and Sangareddy.
- 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 Telangana and the rest of India, which is why the IFSC Code ensures that transactions meant for Andhra Pradesh Grameena Vikas Bank in Bollaram Village doesn't end up at another location.
Format of the IFSC Code APGV0008193
The format of the IFSC Code for banks, including Andhra Pradesh Grameena Vikas Bank, has 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 Bollaram Village in Bollaram.
For example, the IFSC Code APGV0008193 of Andhra Pradesh Grameena Vikas Bank for the Bollaram Village branch includes these elements, identifying the bank and the branch location in Bollaram and Telangana correctly.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are trying to find the IFSC Code APGV0008193 of Andhra Pradesh Grameena Vikas Bank for its Bollaram Village branch located in Bollaram, 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 Bollaram and Sangareddy, 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 Bollaram Village or Bollaram to get the exact IFSC Code APGV0008193.
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 Bollaram, you'll get the correct details.
How to Use IFSC Code APGV0008193 for Online Transfers?
If you have the IFSC Code APGV0008193 for the Bollaram Village branch of Andhra Pradesh Grameena Vikas Bank in Bollaram, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGV0008193. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Andhra Pradesh Grameena Vikas Bank IFSC Code APGV0008193.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Andhra Pradesh Grameena Vikas Bank Bollaram Village in Bollaram, it may result in delayed or failed transactions.
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 Bollaram Village, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Bollaram to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0008193.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Plot No. 3 & 6 Survey. No. 160, Main Road, Bollaram, Aie Bollaram, 502325 located in Bollaram, Sangareddy, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.