The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Andhra Pradesh Grameena Vikas Bank for its Saravakota branch in Saravakota, Srikakulam, Andhra Pradesh, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Andhra Pradesh Grameena Vikas Bank located in Saravakota or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGV0001102. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Andhra Pradesh Grameena Vikas Bank, Saravakota, Saravakota
Below in the table are the key details related to IFSC Code APGV0001102 of Andhra Pradesh Grameena Vikas Bank for its branch located in Saravakota, within the district of Srikakulam in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0001102 |
| Branch | Saravakota |
| City | Saravakota |
| District | Srikakulam |
| State | Andhra Pradesh |
| Address | Saravakota ,Srikakulam Dist.Pin 532 426 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Saravakota for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0001102 for the Saravakota branch of Andhra Pradesh Grameena Vikas Bank has an important 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 APGV0001102 is given to every bank branch, including Andhra Pradesh Grameena Vikas Bank located in Saravakota, Saravakota, Andhra Pradesh, 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 Saravakota.
- 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 Saravakota and Srikakulam.
- 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 Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Andhra Pradesh Grameena Vikas Bank in Saravakota doesn't end up at another location.
Format of the IFSC Code APGV0001102
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 Saravakota in Saravakota.
For example, the IFSC Code APGV0001102 of Andhra Pradesh Grameena Vikas Bank for the Saravakota branch includes these elements, identifying the bank and the branch location in Saravakota and Andhra Pradesh correctly.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are looking for the IFSC Code APGV0001102 of Andhra Pradesh Grameena Vikas Bank for its Saravakota branch located in Saravakota, 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 Saravakota 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 Saravakota or Saravakota to get the exact IFSC Code APGV0001102.
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 Saravakota, then it will provide you proper information.
How to Use IFSC Code APGV0001102 for Online Transfers?
If you have the IFSC Code APGV0001102 for the Saravakota branch of Andhra Pradesh Grameena Vikas Bank in Saravakota, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGV0001102. 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 APGV0001102.
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 Saravakota in Saravakota, 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 Saravakota, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Saravakota to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Saravakota Saravakota branch is APGV0001102.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Saravakota ,Srikakulam Dist.Pin 532 426.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.