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IFSC Code of Andhra Pradesh Grameena Vikas Bank, Papakollu, Bhadradri Kothagudem, Telangana — APGV0004208

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 Papakollu branch in Julurpadu, Bhadradri Kothagudem, 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 Julurpadu or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0004208. 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, Papakollu, Julurpadu

Here are the main details that are associated with the IFSC Code APGV0004208 of Andhra Pradesh Grameena Vikas Bank for its branch located in Julurpadu, within the district of Bhadradri Kothagudem in the state of Telangana.

Particulars Details
Bank Andhra Pradesh Grameena Vikas Bank
IFSC Code APGV0004208
Branch Papakollu
City Julurpadu
District Bhadradri Kothagudem
State Telangana
Address Door No. 1-5, Papakollu Village, Julurpadu Mandal, Bhadradi Kothagudem District, Telangana - 507166

These details are essential not only for online banking users but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Julurpadu for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0004208 for the Papakollu branch of Andhra Pradesh Grameena Vikas Bank plays 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 Papakollu, Julurpadu, Telangana, is provided with a unique IFSC like APGV0004208 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 Julurpadu.
  • 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 Julurpadu and Bhadradri Kothagudem.
  • 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 Papakollu do not get mixed with another location.

Format of the IFSC Code APGV0004208

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 Papakollu in Julurpadu.

For example, the IFSC Code APGV0004208 of Andhra Pradesh Grameena Vikas Bank for the Papakollu branch has these elements, identifying the bank and the branch location in Julurpadu and Telangana correctly.

How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?

If you are looking for the IFSC Code APGV0004208 of Andhra Pradesh Grameena Vikas Bank for its Papakollu branch located in Julurpadu, 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 Julurpadu and Bhadradri Kothagudem, 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 Papakollu or Julurpadu to get the exact IFSC Code APGV0004208.

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 Julurpadu, then it will provide you proper information.

How to Use IFSC Code APGV0004208 for Online Transfers?

Once you have the IFSC Code APGV0004208 for the Papakollu branch of Andhra Pradesh Grameena Vikas Bank in Julurpadu, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code APGV0004208. 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 APGV0004208.

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 Papakollu in Julurpadu, 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 Papakollu, 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 Julurpadu manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Andhra Pradesh Grameena Vikas Bank Papakollu Julurpadu?

The IFSC Code of the Papakollu Julurpadu branch is APGV0004208.

Is IFSC Code APGV0004208 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Andhra Pradesh Grameena Vikas Bank Papakollu branch?

The branch is located at Door No. 1-5, Papakollu Village, Julurpadu Mandal, Bhadradi Kothagudem District, Telangana - 507166.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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