For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Andhra Pradesh Grameena Vikas Bank for its Parvathipuram branch in Parvathipuram, Vizayanagaram, Andhra Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Andhra Pradesh Grameena Vikas Bank located in Parvathipuram or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGV0009011. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Andhra Pradesh Grameena Vikas Bank, Parvathipuram, Parvathipuram
Here are the key points that are associated with the IFSC Code APGV0009011 of Andhra Pradesh Grameena Vikas Bank for its branch located in Parvathipuram, within the district of Vizayanagaram in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0009011 |
| Branch | Parvathipuram |
| City | Parvathipuram |
| District | Vizayanagaram |
| State | Andhra Pradesh |
| Address | 1St Floor, D.No- 1435-27-112, Opposite To Sai Ram College, Bypass Road, Belagam,Parvathipuram Vizianagaram Disit Pin-535501 |
These details helps users in online banking and for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Parvathipuram for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0009011 for the Parvathipuram 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 provided by the Reserve Bank of India. Every bank branch, including Andhra Pradesh Grameena Vikas Bank located in Parvathipuram, Parvathipuram, Andhra Pradesh, is provided with a unique IFSC like APGV0009011 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 Parvathipuram.
- 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 Parvathipuram and Vizayanagaram.
- 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 Parvathipuram do not get mixed with another location.
Format of the IFSC Code APGV0009011
This is the format of the IFSC Code for banks, including Andhra Pradesh Grameena Vikas Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Andhra Pradesh Grameena Vikas Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Parvathipuram in Parvathipuram.
For example, the IFSC Code APGV0009011 of Andhra Pradesh Grameena Vikas Bank for the Parvathipuram branch includes these elements, identifying the bank and the branch location in Parvathipuram and Andhra Pradesh accurately.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are trying to find the IFSC Code APGV0009011 of Andhra Pradesh Grameena Vikas Bank for its Parvathipuram branch located in Parvathipuram, 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 Parvathipuram and Vizayanagaram, 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 Parvathipuram or Parvathipuram to get the exact IFSC Code APGV0009011.
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 Parvathipuram, you'll get the correct details.
How to Use IFSC Code APGV0009011 for Online Transfers?
Once you have the IFSC Code APGV0009011 for the Parvathipuram branch of Andhra Pradesh Grameena Vikas Bank in Parvathipuram, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGV0009011. 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 APGV0009011.
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 Parvathipuram in Parvathipuram, 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 Parvathipuram, 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 Parvathipuram manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0009011.
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 1St Floor, D.No- 1435-27-112, Opposite To Sai Ram College, Bypass Road, Belagam,Parvathipuram Vizianagaram Disit Pin-535501 located in Parvathipuram, Vizayanagaram, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.