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 Savarkar Nagar branch in Nalgonda, Nalgonda, 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 Nalgonda or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0006313. 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, Savarkar Nagar, Nalgonda
The table below shows the main details of the IFSC Code APGV0006313 for the Andhra Pradesh Grameena Vikas Bank branch in Nalgonda, which falls under the Nalgonda district in Telangana.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0006313 |
| Branch | Savarkar Nagar |
| City | Nalgonda |
| District | Nalgonda |
| State | Telangana |
| Address | H. No. 798, Panagal Road, Sriramnagar Colony, Savarkar Nagar, Nalgonda, 506001 |
These details helps users in online banking and for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Nalgonda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0006313 for the Savarkar Nagar branch of Andhra Pradesh Grameena Vikas Bank plays a vital 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 APGV0006313 is given to every bank branch, including Andhra Pradesh Grameena Vikas Bank located in Savarkar Nagar, Nalgonda, 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 Nalgonda.
- 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 Nalgonda and Nalgonda.
- 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 Savarkar Nagar doesn't end up at another location.
Format of the IFSC Code APGV0006313
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 Savarkar Nagar in Nalgonda.
For example, the IFSC Code APGV0006313 of Andhra Pradesh Grameena Vikas Bank for the Savarkar Nagar branch includes these elements, identifying the bank and the branch location in Nalgonda and Telangana accurately.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are trying to find the IFSC Code APGV0006313 of Andhra Pradesh Grameena Vikas Bank for its Savarkar Nagar branch located in Nalgonda, 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 Nalgonda and Nalgonda, 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 Savarkar Nagar or Nalgonda to get the exact IFSC Code APGV0006313.
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 Nalgonda, you'll get the correct details.
How to Use IFSC Code APGV0006313 for Online Transfers?
Once you have the IFSC Code APGV0006313 for the Savarkar Nagar branch of Andhra Pradesh Grameena Vikas Bank in Nalgonda, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code APGV0006313. 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 APGV0006313.
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 Savarkar Nagar in Nalgonda, 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 Savarkar Nagar, 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 Nalgonda to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Savarkar Nagar Nalgonda branch is APGV0006313.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at H. No. 798, Panagal Road, Sriramnagar Colony, Savarkar Nagar, Nalgonda, 506001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.