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 Kumarpally branch in Hanamkonda, Warangal Urban, 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 Hanamkonda or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0005166. 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, Kumarpally, Hanamkonda
Here are some of the key details that come with the IFSC Code APGV0005166 of Andhra Pradesh Grameena Vikas Bank for its branch located in Hanamkonda, within the district of Warangal Urban in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0005166 |
| Branch | Kumarpally |
| City | Hanamkonda |
| District | Warangal Urban |
| State | Telangana |
| Address | H.No. 3428/1, Amrutha Theater Road, Kumarpally, Hanamkonda, 506001 |
These details helps users in online banking and for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Hanamkonda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0005166 for the Kumarpally 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 Kumarpally, Hanamkonda, Telangana, is provided with a unique IFSC like APGV0005166 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 Hanamkonda.
- 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 Hanamkonda and Warangal Urban.
- 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 Kumarpally do not get mixed with another location.
Format of the IFSC Code APGV0005166
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): 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 Kumarpally in Hanamkonda.
For example, the IFSC Code APGV0005166 of Andhra Pradesh Grameena Vikas Bank for the Kumarpally branch includes these elements, identifying the bank and the branch location in Hanamkonda and Telangana accurately.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
To find the IFSC Code APGV0005166 of Andhra Pradesh Grameena Vikas Bank for its Kumarpally branch located in Hanamkonda, the following methods can help you out:
Cheque Book
The cheque book issued by Andhra Pradesh Grameena Vikas Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Andhra Pradesh Grameena Vikas Bank branches in Hanamkonda and Warangal Urban, 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 go to the branch locator section. Then search for Kumarpally or Hanamkonda to find the exact IFSC Code APGV0005166.
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 maintains an updated database of all IFSC codes. Searching for Andhra Pradesh Grameena Vikas Bank and Hanamkonda will provide accurate information.
How to Use IFSC Code APGV0005166 for Online Transfers?
Once you have the IFSC Code APGV0005166 for the Kumarpally branch of Andhra Pradesh Grameena Vikas Bank in Hanamkonda, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code APGV0005166. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 APGV0005166.
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 Kumarpally in Hanamkonda, 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 Kumarpally, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Hanamkonda manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0005166.
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 H.No. 3428/1, Amrutha Theater Road, Kumarpally, Hanamkonda, 506001 located in Hanamkonda, Warangal Urban, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.