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 Marikal branch in Marikal, 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 Marikal or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0007174. 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, Marikal, Marikal
Here are some of the key details that come with the IFSC Code APGV0007174 of Andhra Pradesh Grameena Vikas Bank for its branch located in Marikal, within the district of Mahabubanagar in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0007174 |
| Branch | Marikal |
| City | Marikal |
| District | Mahabubanagar |
| State | Telangana |
| Address | Marikal 7174,Post Marikal,Mahabubnagar Dist. Pin 509 351 |
These details are essential not only for online banking users but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Marikal for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0007174 for the Marikal 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 provided by the Reserve Bank of India. Every bank branch, along with Andhra Pradesh Grameena Vikas Bank located in Marikal, Marikal, Telangana, are given a unique IFSC like APGV0007174 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Marikal.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Marikal 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 helps ensure that any money sent to Andhra Pradesh Grameena Vikas Bank in Marikal goes to the correct branch. This is important because Andhra Pradesh Grameena Vikas Bank has thousands of branches in Telangana and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code APGV0007174
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 Marikal in Marikal.
For example, the IFSC Code APGV0007174 of Andhra Pradesh Grameena Vikas Bank for the Marikal branch includes these elements, identifying the bank and the branch location in Marikal and Telangana accurately.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are looking for the IFSC Code APGV0007174 of Andhra Pradesh Grameena Vikas Bank for its Marikal branch located in Marikal, 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 Marikal 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 Marikal or Marikal to get the exact IFSC Code APGV0007174.
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 Marikal, then it will provide you proper information.
How to Use IFSC Code APGV0007174 for Online Transfers?
Once you have the IFSC Code APGV0007174 for the Marikal branch of Andhra Pradesh Grameena Vikas Bank in Marikal, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code APGV0007174. 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 APGV0007174.
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 Marikal in Marikal, 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 Marikal, 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 Marikal manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0007174.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Marikal 7174,Post Marikal,Mahabubnagar Dist. Pin 509 351 located in Marikal, Mahabubanagar, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.