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 Unukuru branch in Rajam, Srikakulam, Andhra Pradesh, 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 Rajam or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code APGV0001125. 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, Unukuru, Rajam
Here are the main details that are associated with the IFSC Code APGV0001125 of Andhra Pradesh Grameena Vikas Bank for its branch located in Rajam, within the district of Srikakulam in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0001125 |
| Branch | Unukuru |
| City | Rajam |
| District | Srikakulam |
| State | Andhra Pradesh |
| Address | Unukuru Panchayat & Branch,Palakonda Taluk |
These details are essential not only for online banking users but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Rajam for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0001125 for the Unukuru branch of Andhra Pradesh Grameena Vikas Bank plays an important 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 Unukuru, Rajam, Andhra Pradesh, is provided with a unique IFSC like APGV0001125 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 Rajam.
- 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 Rajam and Srikakulam.
- 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 Unukuru do not get mixed with another location.
Format of the IFSC Code APGV0001125
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 Unukuru in Rajam.
For example, the IFSC Code APGV0001125 of Andhra Pradesh Grameena Vikas Bank for the Unukuru branch has these elements, identifying the bank and the branch location in Rajam and Andhra Pradesh correctly.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are looking for the IFSC Code APGV0001125 of Andhra Pradesh Grameena Vikas Bank for its Unukuru branch located in Rajam, 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 Rajam and Srikakulam, 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 Unukuru or Rajam to get the exact IFSC Code APGV0001125.
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 Rajam, then it will provide you proper information.
How to Use IFSC Code APGV0001125 for Online Transfers?
If you have the IFSC Code APGV0001125 for the Unukuru branch of Andhra Pradesh Grameena Vikas Bank in Rajam, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGV0001125. 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 APGV0001125.
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 Unukuru in Rajam, 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 Unukuru, 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 Rajam manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0001125.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Unukuru Panchayat & Branch,Palakonda Taluk located in Rajam, Srikakulam, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.