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 Sujatha Nagar branch in Kothagudem, 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 Kothagudem or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0004158. 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, Sujatha Nagar, Kothagudem
Here are the key points that are associated with the IFSC Code APGV0004158 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 | APGV0004158 |
| Branch | Sujatha Nagar |
| City | Kothagudem |
| District | Bhadradri Kothagudem |
| State | Telangana |
| Address | Sujathanagar,Mandal Kothagudem,Dist Khammam. 507 120 |
These details helps users in online banking and for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Kothagudem for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0004158 for the Sujatha Nagar 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, 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 Sujatha Nagar, Kothagudem, Telangana, is provided a unique IFSC like APGV0004158 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 Sujatha Nagar do not get misguided to another person.
Format of the IFSC Code APGV0004158
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 Sujatha Nagar in Kothagudem.
For example, the IFSC Code APGV0004158 of Andhra Pradesh Grameena Vikas Bank for the Sujatha Nagar branch has 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 APGV0004158 of Andhra Pradesh Grameena Vikas Bank for its Sujatha Nagar 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 Sujatha Nagar or Kothagudem to get the exact IFSC Code APGV0004158.
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 APGV0004158 for Online Transfers?
Once you have the IFSC Code APGV0004158 for the Sujatha Nagar branch of Andhra Pradesh Grameena Vikas Bank in Kothagudem, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code APGV0004158. 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 APGV0004158.
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 Sujatha Nagar in Kothagudem, your payment can get delayed or might not go through at all.
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 Sujatha Nagar, 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 of the Sujatha Nagar Kothagudem branch is APGV0004158.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Sujathanagar,Mandal Kothagudem,Dist Khammam. 507 120.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.