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 Nimmada branch in Narasannapeta, Srikakulam, Andhra Pradesh, 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 Narasannapeta or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGV0001173. 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, Nimmada, Narasannapeta
Here are the key points that are associated with the IFSC Code APGV0001173 of Andhra Pradesh Grameena Vikas Bank for its branch located in Narasannapeta, within the district of Srikakulam in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0001173 |
| Branch | Nimmada |
| City | Narasannapeta |
| District | Srikakulam |
| State | Andhra Pradesh |
| Address | Nimmada, Kotabommali (M), Srikakulam(D) 532430 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Narasannapeta for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0001173 for the Nimmada branch of Andhra Pradesh Grameena Vikas Bank has 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 Nimmada, Narasannapeta, Andhra Pradesh, are given a unique IFSC like APGV0001173 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Narasannapeta.
- 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 Narasannapeta and Srikakulam.
- 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 Nimmada goes to the correct branch. This is important because Andhra Pradesh Grameena Vikas Bank has thousands of branches in Andhra Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code APGV0001173
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 Nimmada in Narasannapeta.
For example, the IFSC Code APGV0001173 of Andhra Pradesh Grameena Vikas Bank for the Nimmada branch includes these elements, identifying the bank and the branch location in Narasannapeta and Andhra Pradesh accurately.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
To find the IFSC Code APGV0001173 of Andhra Pradesh Grameena Vikas Bank for its Nimmada branch located in Narasannapeta, 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 Narasannapeta and Srikakulam, 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 Nimmada or Narasannapeta to find the exact IFSC Code APGV0001173.
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 Narasannapeta will provide accurate information.
How to Use IFSC Code APGV0001173 for Online Transfers?
If you have the IFSC Code APGV0001173 for the Nimmada branch of Andhra Pradesh Grameena Vikas Bank in Narasannapeta, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGV0001173. Transfers are processed in batches. 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. Asks for the recipient's account details and Andhra Pradesh Grameena Vikas Bank IFSC Code APGV0001173.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Andhra Pradesh Grameena Vikas Bank Nimmada in Narasannapeta, it may result in delayed or failed transactions.
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 Nimmada, 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 Narasannapeta to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0001173.
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 Nimmada, Kotabommali (M), Srikakulam(D) 532430 located in Narasannapeta, Srikakulam, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.