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IFSC Code of Andhra Pradesh Grameena Vikas Bank, Parvatipuram, Vizianagaram, Andhra Pradesh — APGV0002220

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 Parvatipuram branch in Parvatipuram, Vizianagaram, 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 Parvatipuram or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGV0002220. 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, Parvatipuram, Parvatipuram

Here are the key points that are associated with the IFSC Code APGV0002220 of Andhra Pradesh Grameena Vikas Bank for its branch located in Parvatipuram, within the district of Vizianagaram in the state of Andhra Pradesh.

Particulars Details
Bank Andhra Pradesh Grameena Vikas Bank
IFSC Code APGV0002220
Branch Parvatipuram
City Parvatipuram
District Vizianagaram
State Andhra Pradesh
Address Parvatipuram 2220,Vizianagaram Dist.Pin 535 501

These details helps users in online banking and for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Parvatipuram for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0002220 for the Parvatipuram 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, along with Andhra Pradesh Grameena Vikas Bank located in Parvatipuram, Parvatipuram, Andhra Pradesh, are allotted a unique IFSC like APGV0002220 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Parvatipuram.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Parvatipuram and Vizianagaram.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Andhra Pradesh Grameena Vikas Bank in Parvatipuram reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.

Format of the IFSC Code APGV0002220

The format of the IFSC Code for banks, including Andhra Pradesh Grameena Vikas Bank, has 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 Parvatipuram in Parvatipuram.

For example, the IFSC Code APGV0002220 of Andhra Pradesh Grameena Vikas Bank for the Parvatipuram branch includes these elements, identifying the bank and the branch location in Parvatipuram and Andhra Pradesh correctly.

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

If you are trying to find the IFSC Code APGV0002220 of Andhra Pradesh Grameena Vikas Bank for its Parvatipuram branch located in Parvatipuram, 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 Parvatipuram and Vizianagaram, 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 Parvatipuram or Parvatipuram to get the exact IFSC Code APGV0002220.

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 Parvatipuram, you'll get the correct details.

How to Use IFSC Code APGV0002220 for Online Transfers?

Once you have the IFSC Code APGV0002220 for the Parvatipuram branch of Andhra Pradesh Grameena Vikas Bank in Parvatipuram, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code APGV0002220. 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 APGV0002220.

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 Parvatipuram in Parvatipuram, 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 Parvatipuram, 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 Parvatipuram 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 Parvatipuram, Parvatipuram?

The IFSC Code is APGV0002220.

Is the IFSC Code APGV0002220 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 Parvatipuram?

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 Parvatipuram branch?

The address of the branch is Parvatipuram 2220,Vizianagaram Dist.Pin 535 501 located in Parvatipuram, Vizianagaram, Andhra Pradesh.

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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