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 Devarapalli branch in Chodavaram, Visakhapatnam, or Andhra Pradesh, 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 Chodavaram or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGV0003347. 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, Devarapalli, Chodavaram
Here are some of the key details that come with the IFSC Code APGV0003347 of Andhra Pradesh Grameena Vikas Bank for its branch located in Chodavaram, within the district of Visakhapatnam in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0003347 |
| Branch | Devarapalli |
| City | Chodavaram |
| District | Visakhapatnam |
| State | Andhra Pradesh |
| Address | Devarapalli 3347,Visakapatnam Dist.Pin 531 035 |
These details are important not only for users using online banking but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Chodavaram for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code APGV0003347 for the Devarapalli branch of Andhra Pradesh Grameena Vikas Bank is vital.
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, along with Andhra Pradesh Grameena Vikas Bank located in Devarapalli, Chodavaram, Andhra Pradesh, are given a unique IFSC like APGV0003347 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Chodavaram.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Chodavaram and Visakhapatnam.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Andhra Pradesh Grameena Vikas Bank in Devarapalli goes to the correct branch. This is important because Andhra Pradesh Grameena Vikas Bank has thousands of branches in Andhra Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code APGV0003347
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 Devarapalli in Chodavaram.
For example, the IFSC Code APGV0003347 of Andhra Pradesh Grameena Vikas Bank for the Devarapalli branch has 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 APGV0003347 of Andhra Pradesh Grameena Vikas Bank for its Devarapalli branch located in Chodavaram, 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 Chodavaram and Visakhapatnam, 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 Devarapalli or Chodavaram to get the exact IFSC Code APGV0003347.
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 Chodavaram, you'll get the correct details.
How to Use IFSC Code APGV0003347 for Online Transfers?
Once you have the IFSC Code APGV0003347 for the Devarapalli branch of Andhra Pradesh Grameena Vikas Bank in Chodavaram, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGV0003347. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Andhra Pradesh Grameena Vikas Bank IFSC Code APGV0003347.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Andhra Pradesh Grameena Vikas Bank Devarapalli in Chodavaram, it can 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 Devarapalli, 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 Chodavaram manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0003347.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Devarapalli 3347,Visakapatnam Dist.Pin 531 035 located in Chodavaram, Visakhapatnam, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.