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IFSC Code of Andhra Pradesh Grameena Vikas Bank, Parkal, Warangal Rural, Telangana — APGV0005134

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 Parkal branch in Parkal, Warangal Rural, 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 Parkal or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0005134. 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, Parkal, Parkal

The table below shows the main details of the IFSC Code APGV0005134 for the Andhra Pradesh Grameena Vikas Bank branch in Parkal, which falls under the Warangal Rural district in Telangana.

Particulars Details
Bank Andhra Pradesh Grameena Vikas Bank
IFSC Code APGV0005134
Branch Parkal
City Parkal
District Warangal Rural
State Telangana
Address Parkal 5134,Mandal Parkal,Dist Warangal. 506 164

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 APGV0005134 for the Parkal 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Andhra Pradesh Grameena Vikas Bank located in Parkal, Parkal, Telangana, is provided a unique IFSC like APGV0005134 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Andhra Pradesh Grameena Vikas Bank branch in Parkal.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Parkal and Warangal Rural.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Telangana and the rest of India, the IFSC Code ensures that transactions meant for Andhra Pradesh Grameena Vikas Bank in Parkal do not get misguided to another person.

Format of the IFSC Code APGV0005134

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 Parkal in Parkal.

For example, the IFSC Code APGV0005134 of Andhra Pradesh Grameena Vikas Bank for the Parkal branch has these elements, identifying the bank and the branch location in Parkal and Telangana correctly.

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

If you are trying to find the IFSC Code APGV0005134 of Andhra Pradesh Grameena Vikas Bank for its Parkal branch located in Parkal, 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 Parkal and Warangal Rural, 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 Parkal or Parkal to get the exact IFSC Code APGV0005134.

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 Parkal, you'll get the correct details.

How to Use IFSC Code APGV0005134 for Online Transfers?

Once you have the IFSC Code APGV0005134 for the Parkal branch of Andhra Pradesh Grameena Vikas Bank in Parkal, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code APGV0005134. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Andhra Pradesh Grameena Vikas Bank IFSC Code APGV0005134.

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 Parkal in Parkal, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Andhra Pradesh Grameena Vikas Bank in Parkal, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Andhra Pradesh Grameena Vikas Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps 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 Parkal, Parkal?

The IFSC Code is APGV0005134.

Is the IFSC Code APGV0005134 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 Parkal?

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 Parkal branch?

The address of the branch is Parkal 5134,Mandal Parkal,Dist Warangal. 506 164 located in Parkal, Warangal Rural, 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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