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 Chunchupalli branch in Kothagudem, Bhadradri Kothagudem, 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 Kothagudem or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0004187. 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, Chunchupalli, Kothagudem
Here are the key points that are associated with the IFSC Code APGV0004187 of Andhra Pradesh Grameena Vikas Bank for its branch located in Kothagudem, within the district of Bhadradri Kothagudem in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0004187 |
| Branch | Chunchupalli |
| City | Kothagudem |
| District | Bhadradri Kothagudem |
| State | Telangana |
| Address | Chunchupally Branch,Beside Pattabhiramarao Hospital Chunchupally, Kothagudem (Mandal), Khammam District, Pin507101 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Kothagudem for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0004187 for the Chunchupalli 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 Chunchupalli, Kothagudem, Telangana, is provided a unique IFSC like APGV0004187 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 Kothagudem.
- 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 Kothagudem and Bhadradri Kothagudem.
- 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 Chunchupalli do not get misguided to another person.
Format of the IFSC Code APGV0004187
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 Chunchupalli in Kothagudem.
For example, the IFSC Code APGV0004187 of Andhra Pradesh Grameena Vikas Bank for the Chunchupalli branch includes these elements, identifying the bank and the branch location in Kothagudem and Telangana correctly.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are trying to find the IFSC Code APGV0004187 of Andhra Pradesh Grameena Vikas Bank for its Chunchupalli branch located in Kothagudem, 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 Kothagudem and Bhadradri Kothagudem, 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 Chunchupalli or Kothagudem to get the exact IFSC Code APGV0004187.
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 Kothagudem that will provide accurate information.
How to Use IFSC Code APGV0004187 for Online Transfers?
If you have the IFSC Code APGV0004187 for the Chunchupalli branch of Andhra Pradesh Grameena Vikas Bank in Kothagudem, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGV0004187. 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 APGV0004187.
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 Chunchupalli in Kothagudem, it 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 Chunchupalli, 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 Kothagudem manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0004187.
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 Chunchupally Branch,Beside Pattabhiramarao Hospital Chunchupally, Kothagudem (Mandal), Khammam District, Pin507101 located in Kothagudem, Bhadradri Kothagudem, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.