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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Andhra Pradesh Grameena Vikas Bank for its Machapur branch in Hanamkonda, Warangal Rural, Telangana, then this guide will give you detailed information.
The banking system has evolved significantly 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 APGV0005171. 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, Machapur, Hanamkonda
Here are the main details that are associated with the IFSC Code APGV0005171 of Andhra Pradesh Grameena Vikas Bank for its branch located in Hanamkonda, within the district of Warangal Rural in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0005171 |
| Branch | Machapur |
| City | Hanamkonda |
| District | Warangal Rural |
| State | Telangana |
| Address | Machapur,H.No 349,Po &Village Machapur, Mandal Geesukonda, Dist Warangal,Pincode 506330. |
These details help 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 APGV0005171 for the Machapur 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 Machapur, Hanamkonda, Telangana, are given a unique IFSC like APGV0005171 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Hanamkonda.
- 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 Hanamkonda and Warangal Rural.
- 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 Machapur goes to the correct branch. This is important because Andhra Pradesh Grameena Vikas Bank has thousands of branches in Telangana and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code APGV0005171
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 Machapur in Hanamkonda.
For example, the IFSC Code APGV0005171 of Andhra Pradesh Grameena Vikas Bank for the Machapur 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?
If you are trying to find the IFSC Code APGV0005171 of Andhra Pradesh Grameena Vikas Bank for its Machapur branch located in Hanamkonda, 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 Hanamkonda and Warangal Rural, 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 Machapur or Hanamkonda to get the exact IFSC Code APGV0005171.
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 Hanamkonda, you'll get the correct details.
How to Use IFSC Code APGV0005171 for Online Transfers?
If you have the IFSC Code APGV0005171 for the Machapur branch of Andhra Pradesh Grameena Vikas Bank in Hanamkonda, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGV0005171. 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 APGV0005171.
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 Machapur in Hanamkonda, it 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 Machapur, 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 Hanamkonda manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0005171.
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 Machapur,H.No 349,Po &Village Machapur, Mandal Geesukonda, Dist Warangal,Pincode 506330. located in Hanamkonda, Warangal Rural, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.