There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Andhra Pradesh Grameena Vikas Bank for its Kaviti branch in Ichapuram, Srikakulam, Andhra Pradesh, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Andhra Pradesh Grameena Vikas Bank situated in Ichapuram or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code APGV0001185. You should 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, Kaviti, Ichapuram
Below in the table are the key details related to IFSC Code APGV0001185 of Andhra Pradesh Grameena Vikas Bank for its branch located in Ichapuram, within the district of Srikakulam in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0001185 |
| Branch | Kaviti |
| City | Ichapuram |
| District | Srikakulam |
| State | Andhra Pradesh |
| Address | Branch Kaviti, Kaviti Mandal, Srikakulam Dist. A.P. Pin532322 |
These details helps users in online banking and for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Ichapuram for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0001185 for the Kaviti 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, along with Andhra Pradesh Grameena Vikas Bank located in Kaviti, Ichapuram, Andhra Pradesh, are allotted a unique IFSC like APGV0001185 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ichapuram.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Ichapuram and Srikakulam.
- 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 Kaviti reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.
Format of the IFSC Code APGV0001185
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 Kaviti in Ichapuram.
For example, the IFSC Code APGV0001185 of Andhra Pradesh Grameena Vikas Bank for the Kaviti branch has these elements, identifying the bank and the branch location in Ichapuram and Andhra Pradesh correctly.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
To find the IFSC Code APGV0001185 of Andhra Pradesh Grameena Vikas Bank for its Kaviti branch located in Ichapuram, 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 Ichapuram and Srikakulam, 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 Kaviti or Ichapuram to find the exact IFSC Code APGV0001185.
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 Ichapuram will provide accurate information.
How to Use IFSC Code APGV0001185 for Online Transfers?
If you have the IFSC Code APGV0001185 for the Kaviti branch of Andhra Pradesh Grameena Vikas Bank in Ichapuram, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGV0001185. 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 APGV0001185.
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 Kaviti in Ichapuram, it may result in delayed or failed transactions.
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 Kaviti, 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 Ichapuram manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0001185.
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 Branch Kaviti, Kaviti Mandal, Srikakulam Dist. A.P. Pin532322 located in Ichapuram, Srikakulam, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.