Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Andhra Pradesh Grameena Vikas Bank for its Shanthinagar branch in Shanthinagar, Gadwal Jogulamaba, Telangana, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Andhra Pradesh Grameena Vikas Bank located in Shanthinagar or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0007198. You should definitely 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, Shanthinagar, Shanthinagar
Here are the main details that are associated with the IFSC Code APGV0007198 of Andhra Pradesh Grameena Vikas Bank for its branch located in Shanthinagar, within the district of Gadwal Jogulamaba in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0007198 |
| Branch | Shanthinagar |
| City | Shanthinagar |
| District | Gadwal Jogulamaba |
| State | Telangana |
| Address | H.No9108,109, Koviladinne Road, Shanthinagar, Shantinagar, 509126 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Shanthinagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0007198 for the Shanthinagar 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 provided by the Reserve Bank of India. Every bank branch, along with Andhra Pradesh Grameena Vikas Bank located in Shanthinagar, Shanthinagar, Telangana, are given a unique IFSC like APGV0007198 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Shanthinagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Shanthinagar and Gadwal Jogulamaba.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Andhra Pradesh Grameena Vikas Bank in Shanthinagar goes to the correct branch. This is important because Andhra Pradesh Grameena Vikas Bank has thousands of branches in Telangana and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code APGV0007198
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 Shanthinagar in Shanthinagar.
For example, the IFSC Code APGV0007198 of Andhra Pradesh Grameena Vikas Bank for the Shanthinagar branch has these elements, identifying the bank and the branch location in Shanthinagar and Telangana correctly.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are trying to find the IFSC Code APGV0007198 of Andhra Pradesh Grameena Vikas Bank for its Shanthinagar branch located in Shanthinagar, the following methods can help:
Cheque Book
The cheque books that are issued by Andhra Pradesh Grameena Vikas Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Andhra Pradesh Grameena Vikas Bank branches in Shanthinagar and Gadwal Jogulamaba, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Andhra Pradesh Grameena Vikas Bank and find the branch locator section. Search for Shanthinagar or Shanthinagar to get the exact IFSC Code APGV0007198.
Mobile Banking App
If you use Andhra Pradesh Grameena Vikas Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Andhra Pradesh Grameena Vikas Bank and Shanthinagar that will provide accurate information.
How to Use IFSC Code APGV0007198 for Online Transfers?
Once you have the IFSC Code APGV0007198 for the Shanthinagar branch of Andhra Pradesh Grameena Vikas Bank in Shanthinagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code APGV0007198. 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 APGV0007198.
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 Shanthinagar in Shanthinagar, 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 Shanthinagar, 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 Shanthinagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Shanthinagar Shanthinagar branch is APGV0007198.
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 H.No9108,109, Koviladinne Road, Shanthinagar, Shantinagar, 509126.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.