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 Kr Road Gadwal branch in Gadwal, Gadwal Jogulamaba, 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 Gadwal or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0007201. 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, Kr Road Gadwal, Gadwal
Here are the key points that are associated with the IFSC Code APGV0007201 of Andhra Pradesh Grameena Vikas Bank for its branch located in Gadwal, within the district of Gadwal Jogulamaba in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0007201 |
| Branch | Kr Road Gadwal |
| City | Gadwal |
| District | Gadwal Jogulamaba |
| State | Telangana |
| Address | H.No.143, Krishna River Road, Bheemnagar, Gadwal, Gadwal, 509125 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Gadwal for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0007201 for the Kr Road Gadwal 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 provided by the Reserve Bank of India. Every bank branch, including Andhra Pradesh Grameena Vikas Bank located in Kr Road Gadwal, Gadwal, Telangana, is provided with a unique IFSC like APGV0007201 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 Gadwal.
- 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 Gadwal and Gadwal Jogulamaba.
- 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 Kr Road Gadwal do not get mixed with another location.
Format of the IFSC Code APGV0007201
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 Kr Road Gadwal in Gadwal.
For example, the IFSC Code APGV0007201 of Andhra Pradesh Grameena Vikas Bank for the Kr Road Gadwal branch has these elements, identifying the bank and the branch location in Gadwal and Telangana correctly.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are looking for the IFSC Code APGV0007201 of Andhra Pradesh Grameena Vikas Bank for its Kr Road Gadwal branch located in Gadwal, the following methods can help:
Cheque Book
The cheque book that is issued by Andhra Pradesh Grameena Vikas Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Andhra Pradesh Grameena Vikas Bank branches in Gadwal and Gadwal Jogulamaba, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Andhra Pradesh Grameena Vikas Bank and look for the branch locator section, then search for Kr Road Gadwal or Gadwal to get the exact IFSC Code APGV0007201.
Mobile Banking App
If you use Andhra Pradesh Grameena Vikas Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Andhra Pradesh Grameena Vikas Bank and Gadwal, then it will provide you proper information.
How to Use IFSC Code APGV0007201 for Online Transfers?
If you have the IFSC Code APGV0007201 for the Kr Road Gadwal branch of Andhra Pradesh Grameena Vikas Bank in Gadwal, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGV0007201. 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 APGV0007201.
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 Kr Road Gadwal in Gadwal, 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 Kr Road Gadwal, 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 Gadwal manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0007201.
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 H.No.143, Krishna River Road, Bheemnagar, Gadwal, Gadwal, 509125 located in Gadwal, Gadwal Jogulamaba, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.