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IFSC Code of Andhra Pradesh Grameena Vikas Bank, Kondakarakam, Vizianagaram, Andhra Pradesh — APGV0002289

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 Kondakarakam branch in Kondakarakam, Vizianagaram, Andhra Pradesh, 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 Kondakarakam or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGV0002289. 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, Kondakarakam, Kondakarakam

Here are some of the key details that come with the IFSC Code APGV0002289 of Andhra Pradesh Grameena Vikas Bank for its branch located in Kondakarakam, within the district of Vizianagaram in the state of Andhra Pradesh.

Particulars Details
Bank Andhra Pradesh Grameena Vikas Bank
IFSC Code APGV0002289
Branch Kondakarakam
City Kondakarakam
District Vizianagaram
State Andhra Pradesh
Address Plot No. 2890, C/O Thota Ramesh, Ysr Nagar, Kondakarakam, Vizianagaram District, Pin-535005

These details are crucial, not just for online banking users but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Kondakarakam for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0002289 for the Kondakarakam 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Andhra Pradesh Grameena Vikas Bank located in Kondakarakam, Kondakarakam, Andhra Pradesh, are allotted a unique IFSC like APGV0002289 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Kondakarakam.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Kondakarakam and Vizianagaram.
  • 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 Kondakarakam reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.

Format of the IFSC Code APGV0002289

The format of the IFSC Code for banks, including Andhra Pradesh Grameena Vikas Bank, has 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 Kondakarakam in Kondakarakam.

For example, the IFSC Code APGV0002289 of Andhra Pradesh Grameena Vikas Bank for the Kondakarakam branch includes these elements, identifying the bank and the branch location in Kondakarakam and Andhra Pradesh correctly.

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

If you are trying to find the IFSC Code APGV0002289 of Andhra Pradesh Grameena Vikas Bank for its Kondakarakam branch located in Kondakarakam, the following methods can help:

Cheque Book

The cheque books that are issued by Andhra Pradesh Grameena Vikas Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Andhra Pradesh Grameena Vikas Bank branches in Kondakarakam and Vizianagaram, 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 find the branch locator section. Search for Kondakarakam or Kondakarakam to get the exact IFSC Code APGV0002289.

Mobile Banking App

If you use Andhra Pradesh Grameena Vikas Bank's mobile app, you can easily 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 to help you in searching for Andhra Pradesh Grameena Vikas Bank and Kondakarakam that will provide accurate information.

How to Use IFSC Code APGV0002289 for Online Transfers?

Once you have the IFSC Code APGV0002289 for the Kondakarakam branch of Andhra Pradesh Grameena Vikas Bank in Kondakarakam, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code APGV0002289. The transfer is completed in batches instead of instantly. It is useful for both 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 APGV0002289.

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 Kondakarakam in Kondakarakam, your payment can get delayed or might not go through at all.

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 Kondakarakam, 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 Kondakarakam manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Andhra Pradesh Grameena Vikas Bank in Kondakarakam, Kondakarakam?

The IFSC Code is APGV0002289.

Is the IFSC Code APGV0002289 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Andhra Pradesh Grameena Vikas Bank Kondakarakam?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Kondakarakam branch?

The address of the branch is Plot No. 2890, C/O Thota Ramesh, Ysr Nagar, Kondakarakam, Vizianagaram District, Pin-535005 located in Kondakarakam, Vizianagaram, Andhra Pradesh.

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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