There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Andhra Pradesh Grameena Vikas Bank for its Kothapally Gori branch in Parkal, Bhupalapalli Jaishanker, Telangana, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Andhra Pradesh Grameena Vikas Bank situated in Parkal or anywhere in Telangana can easily transfer funds instantly by using the correct IFSC Code APGV0005120. You should 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, Kothapally Gori, Parkal

The table below shows the main details of the IFSC Code APGV0005120 for the Andhra Pradesh Grameena Vikas Bank branch in Parkal, which falls under the Bhupalapalli Jaishanker district in Telangana.

Particulars Details
Bank Andhra Pradesh Grameena Vikas Bank
IFSC Code APGV0005120
Branch Kothapally Gori
City Parkal
District Bhupalapalli Jaishanker
State Telangana
Address Kothapally Gori 5120,Via Regondaparkal,Mdl Regonda,Dist Warangal. Pin 506 348

These details helps users in online banking and for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Parkal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0005120 for the Kothapally Gori branch of Andhra Pradesh Grameena Vikas Bank plays a vital role.

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 APGV0005120 is given to every bank branch, including Andhra Pradesh Grameena Vikas Bank located in Kothapally Gori, Parkal, 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 Parkal.
  • 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 Parkal and Bhupalapalli Jaishanker.
  • 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 Kothapally Gori doesn't end up at another location.

Format of the IFSC Code APGV0005120

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): Show the bank code. For Andhra Pradesh Grameena Vikas Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kothapally Gori in Parkal.

For example, the IFSC Code APGV0005120 of Andhra Pradesh Grameena Vikas Bank for the Kothapally Gori branch includes these elements, identifying the bank and the branch location in Parkal and Telangana accurately.

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

If you are trying to find the IFSC Code APGV0005120 of Andhra Pradesh Grameena Vikas Bank for its Kothapally Gori branch located in Parkal, 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 Parkal and Bhupalapalli Jaishanker, 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 Kothapally Gori or Parkal to get the exact IFSC Code APGV0005120.

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 Parkal that will provide accurate information.

How to Use IFSC Code APGV0005120 for Online Transfers?

If you have the IFSC Code APGV0005120 for the Kothapally Gori branch of Andhra Pradesh Grameena Vikas Bank in Parkal, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code APGV0005120. 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 APGV0005120.

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 Kothapally Gori in Parkal, 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 Kothapally Gori, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Parkal manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Andhra Pradesh Grameena Vikas Bank in Kothapally Gori, Parkal?

The IFSC Code is APGV0005120.

Is the IFSC Code APGV0005120 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 Kothapally Gori?

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 Kothapally Gori branch?

The address of the branch is Kothapally Gori 5120,Via Regondaparkal,Mdl Regonda,Dist Warangal. Pin 506 348 located in Parkal, Bhupalapalli Jaishanker, 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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