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IFSC Code of Andhra Pradesh Grameena Vikas Bank, Maturu, Khammam, Telangana — APGV0004200

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 Maturu branch in Madhira, 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 Madhira or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0004200. 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, Maturu, Madhira

The table below shows the main details of the IFSC Code APGV0004200 for the Andhra Pradesh Grameena Vikas Bank branch in Madhira, which falls under the Khammam district in Telangana.

Particulars Details
Bank Andhra Pradesh Grameena Vikas Bank
IFSC Code APGV0004200
Branch Maturu
City Madhira
District Khammam
State Telangana
Address H. No. 283, Main Road, Maturu, Maturu, 507203

These details are important not only for users using online banking but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Madhira for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code APGV0004200 for the Maturu branch of Andhra Pradesh Grameena Vikas Bank is vital.

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 Maturu, Madhira, Telangana, are allotted a unique IFSC like APGV0004200 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code APGV0004200

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 Maturu in Madhira.

For example, the IFSC Code APGV0004200 of Andhra Pradesh Grameena Vikas Bank for the Maturu branch includes these elements, identifying the bank and the branch location in Madhira and Telangana correctly.

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

If you are trying to find the IFSC Code APGV0004200 of Andhra Pradesh Grameena Vikas Bank for its Maturu branch located in Madhira, 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 Madhira and Khammam, 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 Maturu or Madhira to get the exact IFSC Code APGV0004200.

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 Madhira that will provide accurate information.

How to Use IFSC Code APGV0004200 for Online Transfers?

If you have the IFSC Code APGV0004200 for the Maturu branch of Andhra Pradesh Grameena Vikas Bank in Madhira, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code APGV0004200. 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 APGV0004200.

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 Maturu in Madhira, it may result in delayed or failed transactions.

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 Maturu, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Madhira to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

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

The IFSC Code is APGV0004200.

Is the IFSC Code APGV0004200 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Maturu branch?

The address of the branch is H. No. 283, Main Road, Maturu, Maturu, 507203 located in Madhira, Khammam, Telangana.

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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