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 Devarakonda branch in Devarakonda, Nalgonda, Telangana, 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 Devarakonda or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0006237. 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, Devarakonda, Devarakonda
Below in the table are the key details related to IFSC Code APGV0006237 of Andhra Pradesh Grameena Vikas Bank for its branch located in Devarakonda, within the district of Nalgonda in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0006237 |
| Branch | Devarakonda |
| City | Devarakonda |
| District | Nalgonda |
| State | Telangana |
| Address | Devarakonda ,Mandal Devarakonda,Dist Nalgonda. 508 248 |
These details help users in online banking and for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Devarakonda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0006237 for the Devarakonda 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Andhra Pradesh Grameena Vikas Bank located in Devarakonda, Devarakonda, Telangana, are allotted a unique IFSC like APGV0006237 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Devarakonda.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Devarakonda and Nalgonda.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Andhra Pradesh Grameena Vikas Bank in Devarakonda reaches the right place, even though there are thousands of branches in Telangana and across India.
Format of the IFSC Code APGV0006237
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 Devarakonda in Devarakonda.
For example, the IFSC Code APGV0006237 of Andhra Pradesh Grameena Vikas Bank for the Devarakonda branch includes these elements, identifying the bank and the branch location in Devarakonda and Telangana accurately.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are trying to find the IFSC Code APGV0006237 of Andhra Pradesh Grameena Vikas Bank for its Devarakonda branch located in Devarakonda, 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 Devarakonda and Nalgonda, 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 Devarakonda or Devarakonda to get the exact IFSC Code APGV0006237.
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 Devarakonda that will provide accurate information.
How to Use IFSC Code APGV0006237 for Online Transfers?
Once you have the IFSC Code APGV0006237 for the Devarakonda branch of Andhra Pradesh Grameena Vikas Bank in Devarakonda, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGV0006237. Transfers are processed in batches. This is 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. Requires the recipient's account details and Andhra Pradesh Grameena Vikas Bank IFSC Code APGV0006237.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Andhra Pradesh Grameena Vikas Bank Devarakonda in Devarakonda may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Andhra Pradesh Grameena Vikas Bank in Devarakonda, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Devarakonda manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0006237.
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 Devarakonda ,Mandal Devarakonda,Dist Nalgonda. 508 248 located in Devarakonda, Nalgonda, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.