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 Bhootpur branch in Mahabubnagar, Mahabubanagar, 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 Mahabubnagar or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0007129. 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, Bhootpur, Mahabubnagar
The table below shows the main details of the IFSC Code APGV0007129 for the Andhra Pradesh Grameena Vikas Bank branch in Mahabubnagar, which falls under the Mahabubanagar district in Telangana.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0007129 |
| Branch | Bhootpur |
| City | Mahabubnagar |
| District | Mahabubanagar |
| State | Telangana |
| Address | Bhoothpur 7129,Mahabubnagar Dist.Pin 509 382 |
These details help users in online banking and for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Mahabubnagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0007129 for the Bhootpur branch of Andhra Pradesh Grameena Vikas Bank has a very 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 Bhootpur, Mahabubnagar, Telangana, is provided a unique IFSC like APGV0007129 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 Mahabubnagar.
- 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 Mahabubnagar and Mahabubanagar.
- 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 Bhootpur do not get misguided to another person.
Format of the IFSC Code APGV0007129
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 Bhootpur in Mahabubnagar.
For example, the IFSC Code APGV0007129 of Andhra Pradesh Grameena Vikas Bank for the Bhootpur branch has these elements, identifying the bank and the branch location in Mahabubnagar and Telangana correctly.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are looking for the IFSC Code APGV0007129 of Andhra Pradesh Grameena Vikas Bank for its Bhootpur branch located in Mahabubnagar, the following methods can help:
Cheque Book
The cheque book that is issued by Andhra Pradesh Grameena Vikas Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Andhra Pradesh Grameena Vikas Bank branches in Mahabubnagar and Mahabubanagar, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Andhra Pradesh Grameena Vikas Bank and look for the branch locator section, then search for Bhootpur or Mahabubnagar to get the exact IFSC Code APGV0007129.
Mobile Banking App
If you use Andhra Pradesh Grameena Vikas Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Andhra Pradesh Grameena Vikas Bank and Mahabubnagar, then it will provide you proper information.
How to Use IFSC Code APGV0007129 for Online Transfers?
Once you have the IFSC Code APGV0007129 for the Bhootpur branch of Andhra Pradesh Grameena Vikas Bank in Mahabubnagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code APGV0007129. 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 APGV0007129.
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 Bhootpur in Mahabubnagar, your payment can get delayed or might not go through at all.
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 Bhootpur, 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 Mahabubnagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0007129.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Bhoothpur 7129,Mahabubnagar Dist.Pin 509 382 located in Mahabubnagar, Mahabubanagar, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.