For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Andhra Pradesh Grameena Vikas Bank for its Buchaiahpeta branch in Chodavaram, Visakhapatnam, Andhra Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Andhra Pradesh Grameena Vikas Bank located in Chodavaram or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGV0003357. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Andhra Pradesh Grameena Vikas Bank, Buchaiahpeta, Chodavaram
The table below shows the main details of the IFSC Code APGV0003357 for the Andhra Pradesh Grameena Vikas Bank branch in Chodavaram, which falls under the Visakhapatnam district in Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0003357 |
| Branch | Buchaiahpeta |
| City | Chodavaram |
| District | Visakhapatnam |
| State | Andhra Pradesh |
| Address | Drno 19,Via Vaddadi,Butchaiah Peta(M),Butchaiahpeta,Vsp Dist. Pin 531026 |
These details help users in online banking and for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Chodavaram for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0003357 for the Buchaiahpeta branch of Andhra Pradesh Grameena Vikas Bank has a very important 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 Buchaiahpeta, Chodavaram, Andhra Pradesh, is provided a unique IFSC like APGV0003357 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 Chodavaram.
- 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 Chodavaram 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 Buchaiahpeta do not get misguided to another person.
Format of the IFSC Code APGV0003357
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 Buchaiahpeta in Chodavaram.
For example, the IFSC Code APGV0003357 of Andhra Pradesh Grameena Vikas Bank for the Buchaiahpeta branch includes these elements, identifying the bank and the branch location in Chodavaram and Andhra Pradesh correctly.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are trying to find the IFSC Code APGV0003357 of Andhra Pradesh Grameena Vikas Bank for its Buchaiahpeta branch located in Chodavaram, 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 Chodavaram 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 Buchaiahpeta or Chodavaram to get the exact IFSC Code APGV0003357.
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 Chodavaram that will provide accurate information.
How to Use IFSC Code APGV0003357 for Online Transfers?
Once you have the IFSC Code APGV0003357 for the Buchaiahpeta branch of Andhra Pradesh Grameena Vikas Bank in Chodavaram, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code APGV0003357. 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 APGV0003357.
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 Buchaiahpeta in Chodavaram, 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 Buchaiahpeta, 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 Chodavaram to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0003357.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Drno 19,Via Vaddadi,Butchaiah Peta(M),Butchaiahpeta,Vsp Dist. Pin 531026 located in Chodavaram, Visakhapatnam, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.