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IFSC Code of Andhra Pradesh Grameena Vikas Bank, Veliminedu, Nalgonda, Telangana — APGV0006301

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Andhra Pradesh Grameena Vikas Bank for its Veliminedu branch in Chityala, Nalgonda, or Telangana, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Andhra Pradesh Grameena Vikas Bank located in Chityala or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0006301. You should definitely 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, Veliminedu, Chityala

The table below shows the main details of the IFSC Code APGV0006301 for the Andhra Pradesh Grameena Vikas Bank branch in Chityala, which falls under the Nalgonda district in Telangana.

Particulars Details
Bank Andhra Pradesh Grameena Vikas Bank
IFSC Code APGV0006301
Branch Veliminedu
City Chityala
District Nalgonda
State Telangana
Address H.No. 913, Main Road, Veliminedu, Veliminedu, 508114

These details helps users in online banking and for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Chityala for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0006301 for the Veliminedu 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 Veliminedu, Chityala, Telangana, is provided with a unique IFSC like APGV0006301 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 Chityala.
  • 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 Chityala and Nalgonda.
  • 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 Telangana and the rest of India and the IFSC Code ensures that transactions meant for Andhra Pradesh Grameena Vikas Bank in Veliminedu do not get mixed with another location.

Format of the IFSC Code APGV0006301

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 Veliminedu in Chityala.

For example, the IFSC Code APGV0006301 of Andhra Pradesh Grameena Vikas Bank for the Veliminedu branch has these elements, identifying the bank and the branch location in Chityala and Telangana correctly.

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

If you are trying to find the IFSC Code APGV0006301 of Andhra Pradesh Grameena Vikas Bank for its Veliminedu branch located in Chityala, 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

You can easily find the IFSC and MICR codes because most banks, including Andhra Pradesh Grameena Vikas Bank branches in Chityala and Nalgonda, print them 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 Veliminedu or Chityala to get the exact IFSC Code APGV0006301.

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 Chityala, you'll get the correct details.

How to Use IFSC Code APGV0006301 for Online Transfers?

If you have the IFSC Code APGV0006301 for the Veliminedu branch of Andhra Pradesh Grameena Vikas Bank in Chityala, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code APGV0006301. 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 APGV0006301.

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 Veliminedu in Chityala, it may result in delayed or failed transactions.

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 Veliminedu, 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 Chityala 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 Veliminedu, Chityala?

The IFSC Code is APGV0006301.

Is the IFSC Code APGV0006301 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 Veliminedu?

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 Veliminedu branch?

The address of the branch is H.No. 913, Main Road, Veliminedu, Veliminedu, 508114 located in Chityala, Nalgonda, Telangana.

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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