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 Buggapadu branch in Sathupally, Khammam, Telangana, 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 Sathupally or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0004181. 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, Buggapadu, Sathupally
The table below shows the main details of the IFSC Code APGV0004181 for the Andhra Pradesh Grameena Vikas Bank branch in Sathupally, which falls under the Khammam district in Telangana.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0004181 |
| Branch | Buggapadu |
| City | Sathupally |
| District | Khammam |
| State | Telangana |
| Address | The Branch Manager Nagupally Post,Sathupalli(M) Khm( D) 507303 |
These details are important not only for users using online banking but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Sathupally for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code APGV0004181 for the Buggapadu branch of Andhra Pradesh Grameena Vikas Bank is vital.
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 Buggapadu, Sathupally, Telangana, is provided with a unique IFSC like APGV0004181 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 Sathupally.
- 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 Sathupally and Khammam.
- 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 Telangana and the rest of India and the IFSC Code ensures that transactions meant for Andhra Pradesh Grameena Vikas Bank in Buggapadu do not get mixed with another location.
Format of the IFSC Code APGV0004181
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): 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 Buggapadu in Sathupally.
For example, the IFSC Code APGV0004181 of Andhra Pradesh Grameena Vikas Bank for the Buggapadu branch includes these elements, identifying the bank and the branch location in Sathupally and Telangana accurately.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are trying to find the IFSC Code APGV0004181 of Andhra Pradesh Grameena Vikas Bank for its Buggapadu branch located in Sathupally, 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 Sathupally and Khammam, 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 Buggapadu or Sathupally to get the exact IFSC Code APGV0004181.
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 Sathupally, you'll get the correct details.
How to Use IFSC Code APGV0004181 for Online Transfers?
Once you have the IFSC Code APGV0004181 for the Buggapadu branch of Andhra Pradesh Grameena Vikas Bank in Sathupally, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGV0004181. 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 APGV0004181.
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 Buggapadu in Sathupally, it can 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 Buggapadu, 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 Sathupally to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0004181.
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 The Branch Manager Nagupally Post,Sathupalli(M) Khm( D) 507303 located in Sathupally, Khammam, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.