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IFSC Code of Andhra Pradesh Grameena Vikas Bank, Bayyaram, Mahabubabad, Telangana — APGV0004122

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Andhra Pradesh Grameena Vikas Bank for its Bayyaram branch in Mahabubabad, Mahabubabad, Telangana, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Andhra Pradesh Grameena Vikas Bank located in Mahabubabad or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0004122. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Andhra Pradesh Grameena Vikas Bank, Bayyaram, Mahabubabad

Here are the key points that are associated with the IFSC Code APGV0004122 of Andhra Pradesh Grameena Vikas Bank for its branch located in Mahabubabad, within the district of Mahabubabad in the state of Telangana.

Particulars Details
Bank Andhra Pradesh Grameena Vikas Bank
IFSC Code APGV0004122
Branch Bayyaram
City Mahabubabad
District Mahabubabad
State Telangana
Address Bayyaram ,Mandal Bayyaram,Dist Khammam. 507 211

These details are essential not only for online banking users but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Mahabubabad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0004122 for the Bayyaram branch of Andhra Pradesh Grameena Vikas Bank plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like APGV0004122 is given to every bank branch, including Andhra Pradesh Grameena Vikas Bank located in Bayyaram, Mahabubabad, Telangana, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Andhra Pradesh Grameena Vikas Bank branch in Mahabubabad.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Mahabubabad and Mahabubabad.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Telangana and the rest of India, which is why the IFSC Code ensures that transactions meant for Andhra Pradesh Grameena Vikas Bank in Bayyaram doesn't end up at another location.

Format of the IFSC Code APGV0004122

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): 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 Bayyaram in Mahabubabad.

For example, the IFSC Code APGV0004122 of Andhra Pradesh Grameena Vikas Bank for the Bayyaram branch includes these elements, identifying the bank and the branch location in Mahabubabad and Telangana accurately.

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

If you are trying to find the IFSC Code APGV0004122 of Andhra Pradesh Grameena Vikas Bank for its Bayyaram branch located in Mahabubabad, 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

You can easily find the IFSC and MICR codes because most banks, including Andhra Pradesh Grameena Vikas Bank branches in Mahabubabad and Mahabubabad, print them 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 Bayyaram or Mahabubabad to get the exact IFSC Code APGV0004122.

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 Mahabubabad, you'll get the correct details.

How to Use IFSC Code APGV0004122 for Online Transfers?

If you have the IFSC Code APGV0004122 for the Bayyaram branch of Andhra Pradesh Grameena Vikas Bank in Mahabubabad, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code APGV0004122. 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 APGV0004122.

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 Bayyaram in Mahabubabad, 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 Bayyaram, 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 Mahabubabad 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 Bayyaram Mahabubabad?

The IFSC Code of the Bayyaram Mahabubabad branch is APGV0004122.

Is IFSC Code APGV0004122 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Andhra Pradesh Grameena Vikas Bank Bayyaram branch?

The branch is located at Bayyaram ,Mandal Bayyaram,Dist Khammam. 507 211.

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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