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IFSC Code of Andhra Pradesh Grameena Vikas Bank, Dammapeta X Road, Bhadradri Kothagudem, Telangana — APGV0004174

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 Dammapeta X Road branch in Palvancha, Bhadradri Kothagudem, or Telangana, 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 Palvancha or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0004174. 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, Dammapeta X Road, Palvancha

Here are the main details that are associated with the IFSC Code APGV0004174 of Andhra Pradesh Grameena Vikas Bank for its branch located in Palvancha, within the district of Bhadradri Kothagudem in the state of Telangana.

Particulars Details
Bank Andhra Pradesh Grameena Vikas Bank
IFSC Code APGV0004174
Branch Dammapeta X Road
City Palvancha
District Bhadradri Kothagudem
State Telangana
Address Dammapeta X Road, Palvoncha 4174,Naik Complex, Palvoncha,Dist Khammam507115

These details help users in online banking and for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Palvancha for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0004174 for the Dammapeta X Road branch of Andhra Pradesh Grameena Vikas Bank has a very 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 Dammapeta X Road, Palvancha, Telangana, are given a unique IFSC like APGV0004174 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Palvancha.
  • 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 Palvancha and Bhadradri Kothagudem.
  • 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 Dammapeta X Road goes to the correct branch. This is important because Andhra Pradesh Grameena Vikas Bank has thousands of branches in Telangana and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code APGV0004174

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 Dammapeta X Road in Palvancha.

For example, the IFSC Code APGV0004174 of Andhra Pradesh Grameena Vikas Bank for the Dammapeta X Road branch has these elements, identifying the bank and the branch location in Palvancha and Telangana correctly.

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

If you are trying to find the IFSC Code APGV0004174 of Andhra Pradesh Grameena Vikas Bank for its Dammapeta X Road branch located in Palvancha, 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

You can easily find the IFSC and MICR codes because most banks, including Andhra Pradesh Grameena Vikas Bank branches in Palvancha and Bhadradri Kothagudem, print them 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 Dammapeta X Road or Palvancha to get the exact IFSC Code APGV0004174.

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 Palvancha, you'll get the correct details.

How to Use IFSC Code APGV0004174 for Online Transfers?

Once you have the IFSC Code APGV0004174 for the Dammapeta X Road branch of Andhra Pradesh Grameena Vikas Bank in Palvancha, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code APGV0004174. 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 APGV0004174.

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 Dammapeta X Road in Palvancha, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Andhra Pradesh Grameena Vikas Bank in Dammapeta X Road, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Palvancha manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Andhra Pradesh Grameena Vikas Bank in Dammapeta X Road, Palvancha?

The IFSC Code is APGV0004174.

Is the IFSC Code APGV0004174 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Andhra Pradesh Grameena Vikas Bank Dammapeta X Road?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Dammapeta X Road branch?

The address of the branch is Dammapeta X Road, Palvoncha 4174,Naik Complex, Palvoncha,Dist Khammam507115 located in Palvancha, Bhadradri Kothagudem, Telangana.

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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