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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Andhra Pradesh Grameena Vikas Bank for its G.Madugula branch in Paderu, Visakhapatnam, or Andhra Pradesh, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Andhra Pradesh Grameena Vikas Bank located in Paderu or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGV0003319. 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, G.Madugula, Paderu
Below in the table are the key details related to IFSC Code APGV0003319 of Andhra Pradesh Grameena Vikas Bank for its branch located in Paderu, within the district of Visakhapatnam in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0003319 |
| Branch | G.Madugula |
| City | Paderu |
| District | Visakhapatnam |
| State | Andhra Pradesh |
| Address | Dr No11,Behind Saibaba Temple,Near Police Station,G. Madugula 3319,Visakapatnam Dist.Pin 531 029 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Paderu for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0003319 for the G.Madugula 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, including Andhra Pradesh Grameena Vikas Bank located in G.Madugula, Paderu, Andhra Pradesh, is provided with a unique IFSC like APGV0003319 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 Paderu.
- 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 Paderu 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 G.Madugula do not get mixed with another location.
Format of the IFSC Code APGV0003319
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 G.Madugula in Paderu.
For example, the IFSC Code APGV0003319 of Andhra Pradesh Grameena Vikas Bank for the G.Madugula branch includes these elements, identifying the bank and the branch location in Paderu and Andhra Pradesh accurately.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are trying to find the IFSC Code APGV0003319 of Andhra Pradesh Grameena Vikas Bank for its G.Madugula branch located in Paderu, 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 Paderu and Visakhapatnam, 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 G.Madugula or Paderu to get the exact IFSC Code APGV0003319.
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 Paderu, you'll get the correct details.
How to Use IFSC Code APGV0003319 for Online Transfers?
If you have the IFSC Code APGV0003319 for the G.Madugula branch of Andhra Pradesh Grameena Vikas Bank in Paderu, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGV0003319. 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 APGV0003319.
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 G.Madugula in Paderu, 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 G.Madugula, 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 Paderu to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0003319.
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 Dr No11,Behind Saibaba Temple,Near Police Station,G. Madugula 3319,Visakapatnam Dist.Pin 531 029 located in Paderu, Visakhapatnam, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.