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 Mothkur branch in Mothukuru, Yadadri Bhuvanagiri, 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 Mothukuru or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0006203. 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, Mothkur, Mothukuru
The table below shows the main details of the IFSC Code APGV0006203 for the Andhra Pradesh Grameena Vikas Bank branch in Mothukuru, which falls under the Yadadri Bhuvanagiri district in Telangana.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0006203 |
| Branch | Mothkur |
| City | Mothukuru |
| District | Yadadri Bhuvanagiri |
| State | Telangana |
| Address | Mothukur,Mandal Mothukur,Dist Nalgonda. 508 277 |
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 Mothukuru for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code APGV0006203 for the Mothkur 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 that is provided by the Reserve Bank of India. A unique IFSC like APGV0006203 is given to every bank branch, including Andhra Pradesh Grameena Vikas Bank located in Mothkur, Mothukuru, 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 Mothukuru.
- 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 Mothukuru and Yadadri Bhuvanagiri.
- 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 Mothkur doesn't end up at another location.
Format of the IFSC Code APGV0006203
The format of the IFSC Code for banks, including Andhra Pradesh Grameena Vikas Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Andhra Pradesh Grameena Vikas Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mothkur in Mothukuru.
For example, the IFSC Code APGV0006203 of Andhra Pradesh Grameena Vikas Bank for the Mothkur branch includes these elements, identifying the bank and the branch location in Mothukuru and Telangana accurately.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are trying to find the IFSC Code APGV0006203 of Andhra Pradesh Grameena Vikas Bank for its Mothkur branch located in Mothukuru, 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
Most banks, including Andhra Pradesh Grameena Vikas Bank branches in Mothukuru and Yadadri Bhuvanagiri, print the IFSC and MICR codes 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 Mothkur or Mothukuru to get the exact IFSC Code APGV0006203.
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 Mothukuru, you'll get the correct details.
How to Use IFSC Code APGV0006203 for Online Transfers?
Once you have the IFSC Code APGV0006203 for the Mothkur branch of Andhra Pradesh Grameena Vikas Bank in Mothukuru, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGV0006203. Transfers are processed in batches. This is 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. Requires the recipient's account details and Andhra Pradesh Grameena Vikas Bank IFSC Code APGV0006203.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Andhra Pradesh Grameena Vikas Bank Mothkur in Mothukuru may result in delayed or failed transactions.
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 Mothkur, 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 Mothukuru manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0006203.
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 Mothukur,Mandal Mothukur,Dist Nalgonda. 508 277 located in Mothukuru, Yadadri Bhuvanagiri, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.