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IFSC Code of Andhra Pradesh Grameena Vikas Bank, Peddaboddepalli, Visakhapatnam, Andhra Pradesh — APGV0003368

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 Peddaboddepalli branch in Narsipatnam, Visakhapatnam, 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 Narsipatnam or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGV0003368. 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, Peddaboddepalli, Narsipatnam

Here are the key points that are associated with the IFSC Code APGV0003368 of Andhra Pradesh Grameena Vikas Bank for its branch located in Narsipatnam, within the district of Visakhapatnam in the state of Andhra Pradesh.

Particulars Details
Bank Andhra Pradesh Grameena Vikas Bank
IFSC Code APGV0003368
Branch Peddaboddepalli
City Narsipatnam
District Visakhapatnam
State Andhra Pradesh
Address Hno11275, Main Road, Pedaboddepalli, Narsipatnam, 531116

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 Narsipatnam for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code APGV0003368 for the Peddaboddepalli 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 provided by the Reserve Bank of India. Every bank branch, including Andhra Pradesh Grameena Vikas Bank located in Peddaboddepalli, Narsipatnam, Andhra Pradesh, is provided with a unique IFSC like APGV0003368 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Andhra Pradesh Grameena Vikas Bank branch in Narsipatnam.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Narsipatnam and Visakhapatnam.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Andhra Pradesh Grameena Vikas Bank in Peddaboddepalli do not get mixed with another location.

Format of the IFSC Code APGV0003368

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): These represent the bank code. In Andhra Pradesh Grameena Vikas Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Peddaboddepalli in Narsipatnam.

For example, the IFSC Code APGV0003368 of Andhra Pradesh Grameena Vikas Bank for the Peddaboddepalli branch has these elements, identifying the bank and the branch location in Narsipatnam and Andhra Pradesh correctly.

How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?

If you are trying to find the IFSC Code APGV0003368 of Andhra Pradesh Grameena Vikas Bank for its Peddaboddepalli branch located in Narsipatnam, the following methods can help:

Cheque Book

The cheque books that are issued by Andhra Pradesh Grameena Vikas Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Andhra Pradesh Grameena Vikas Bank branches in Narsipatnam and Visakhapatnam, 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 find the branch locator section. Search for Peddaboddepalli or Narsipatnam to get the exact IFSC Code APGV0003368.

Mobile Banking App

If you use Andhra Pradesh Grameena Vikas Bank's mobile app, you can easily 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 to help you in searching for Andhra Pradesh Grameena Vikas Bank and Narsipatnam that will provide accurate information.

How to Use IFSC Code APGV0003368 for Online Transfers?

Once you have the IFSC Code APGV0003368 for the Peddaboddepalli branch of Andhra Pradesh Grameena Vikas Bank in Narsipatnam, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code APGV0003368. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Andhra Pradesh Grameena Vikas Bank IFSC Code APGV0003368.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Andhra Pradesh Grameena Vikas Bank Peddaboddepalli in Narsipatnam, it can 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 Peddaboddepalli, 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 Narsipatnam to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Andhra Pradesh Grameena Vikas Bank in Peddaboddepalli, Narsipatnam?

The IFSC Code is APGV0003368.

Is the IFSC Code APGV0003368 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Andhra Pradesh Grameena Vikas Bank Peddaboddepalli?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Peddaboddepalli branch?

The address of the branch is Hno11275, Main Road, Pedaboddepalli, Narsipatnam, 531116 located in Narsipatnam, Visakhapatnam, Andhra Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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