For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Andhra Pradesh Grameena Vikas Bank for its Thanikella branch in Khammam, Khammam, Telangana, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Andhra Pradesh Grameena Vikas Bank located in Khammam or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0004191. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Andhra Pradesh Grameena Vikas Bank, Thanikella, Khammam
Here are the key points that are associated with the IFSC Code APGV0004191 of Andhra Pradesh Grameena Vikas Bank for its branch located in Khammam, within the district of Khammam in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0004191 |
| Branch | Thanikella |
| City | Khammam |
| District | Khammam |
| State | Telangana |
| Address | H.No. 945/23, Main Road, Tanikella, Tanikella, 507305 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Khammam for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0004191 for the Thanikella 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Andhra Pradesh Grameena Vikas Bank located in Thanikella, Khammam, Telangana, is provided a unique IFSC like APGV0004191 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Andhra Pradesh Grameena Vikas Bank branch in Khammam.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Khammam and Khammam.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Telangana and the rest of India, the IFSC Code ensures that transactions meant for Andhra Pradesh Grameena Vikas Bank in Thanikella do not get misguided to another person.
Format of the IFSC Code APGV0004191
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 Thanikella in Khammam.
For example, the IFSC Code APGV0004191 of Andhra Pradesh Grameena Vikas Bank for the Thanikella branch includes these elements, identifying the bank and the branch location in Khammam and Telangana accurately.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are trying to find the IFSC Code APGV0004191 of Andhra Pradesh Grameena Vikas Bank for its Thanikella branch located in Khammam, 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
Most banks, including Andhra Pradesh Grameena Vikas Bank branches in Khammam and Khammam, print the IFSC and MICR codes 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 Thanikella or Khammam to get the exact IFSC Code APGV0004191.
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 Khammam, you'll get the correct details.
How to Use IFSC Code APGV0004191 for Online Transfers?
Once you have the IFSC Code APGV0004191 for the Thanikella branch of Andhra Pradesh Grameena Vikas Bank in Khammam, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGV0004191. Transfers are processed in batches. This is 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. Requires the recipient's account details and Andhra Pradesh Grameena Vikas Bank IFSC Code APGV0004191.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Andhra Pradesh Grameena Vikas Bank Thanikella in Khammam 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 Thanikella, 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 Khammam manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0004191.
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. 945/23, Main Road, Tanikella, Tanikella, 507305 located in Khammam, Khammam, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.