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 Maganoor branch in Makthal, Mahabubanagar, 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 Makthal or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0007151. 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, Maganoor, Makthal
The table below shows the main details of the IFSC Code APGV0007151 for the Andhra Pradesh Grameena Vikas Bank branch in Makthal, which falls under the Mahabubanagar district in Telangana.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0007151 |
| Branch | Maganoor |
| City | Makthal |
| District | Mahabubanagar |
| State | Telangana |
| Address | Maganoor 7151,Makthal Tq,Mahabubnagar Dist. Pin 509 308 |
These details help users in online banking and for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Makthal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0007151 for the Maganoor 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Andhra Pradesh Grameena Vikas Bank located in Maganoor, Makthal, Telangana, are allotted a unique IFSC like APGV0007151 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Makthal.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Makthal and Mahabubanagar.
- 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 Maganoor reaches the right place, even though there are thousands of branches in Telangana and across India.
Format of the IFSC Code APGV0007151
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 Maganoor in Makthal.
For example, the IFSC Code APGV0007151 of Andhra Pradesh Grameena Vikas Bank for the Maganoor branch includes these elements, identifying the bank and the branch location in Makthal and Telangana accurately.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
To find the IFSC Code APGV0007151 of Andhra Pradesh Grameena Vikas Bank for its Maganoor branch located in Makthal, the following methods can help you out:
Cheque Book
The cheque book issued by Andhra Pradesh Grameena Vikas Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Andhra Pradesh Grameena Vikas Bank branches in Makthal and Mahabubanagar, 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 go to the branch locator section. Then search for Maganoor or Makthal to find the exact IFSC Code APGV0007151.
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 maintains an updated database of all IFSC codes. Searching for Andhra Pradesh Grameena Vikas Bank and Makthal will provide accurate information.
How to Use IFSC Code APGV0007151 for Online Transfers?
Once you have the IFSC Code APGV0007151 for the Maganoor branch of Andhra Pradesh Grameena Vikas Bank in Makthal, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code APGV0007151. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Andhra Pradesh Grameena Vikas Bank IFSC Code APGV0007151.
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 Maganoor in Makthal, 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 Maganoor, 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 Makthal manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0007151.
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 Maganoor 7151,Makthal Tq,Mahabubnagar Dist. Pin 509 308 located in Makthal, Mahabubanagar, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.