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IFSC Code of Andhra Pradesh Grameena Vikas Bank, Palvancha, Bhadradri Kothagudem, Telangana — APGV0004115

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 Palvancha branch in Palvancha, Bhadradri Kothagudem, Telangana, 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 Palvancha or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0004115. 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, Palvancha, Palvancha

Here are the key points that are associated with the IFSC Code APGV0004115 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 APGV0004115
Branch Palvancha
City Palvancha
District Bhadradri Kothagudem
State Telangana
Address Paloncha 4115,Mandal Palvancha,Dist Khammam. 507 115

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 Palvancha for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code APGV0004115 for the Palvancha 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 that is provided by the Reserve Bank of India. A unique IFSC like APGV0004115 is given to every bank branch, including Andhra Pradesh Grameena Vikas Bank located in Palvancha, Palvancha, 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 Palvancha.
  • 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 Palvancha and Bhadradri Kothagudem.
  • 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 Palvancha doesn't end up at another location.

Format of the IFSC Code APGV0004115

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 Palvancha in Palvancha.

For example, the IFSC Code APGV0004115 of Andhra Pradesh Grameena Vikas Bank for the Palvancha 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 looking for the IFSC Code APGV0004115 of Andhra Pradesh Grameena Vikas Bank for its Palvancha branch located in Palvancha, the following methods can help:

Cheque Book

The cheque book that is issued by Andhra Pradesh Grameena Vikas Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Andhra Pradesh Grameena Vikas Bank branches in Palvancha and Bhadradri Kothagudem, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Andhra Pradesh Grameena Vikas Bank and look for the branch locator section, then search for Palvancha or Palvancha to get the exact IFSC Code APGV0004115.

Mobile Banking App

If you use Andhra Pradesh Grameena Vikas Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Andhra Pradesh Grameena Vikas Bank and Palvancha, then it will provide you proper information.

How to Use IFSC Code APGV0004115 for Online Transfers?

Once you have the IFSC Code APGV0004115 for the Palvancha branch of Andhra Pradesh Grameena Vikas Bank in Palvancha, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code APGV0004115. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 APGV0004115.

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 Palvancha in Palvancha, 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 Palvancha, 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 Palvancha 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 Palvancha, Palvancha?

The IFSC Code is APGV0004115.

Is the IFSC Code APGV0004115 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Palvancha branch?

The address of the branch is Paloncha 4115,Mandal Palvancha,Dist Khammam. 507 115 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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