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 Boddam branch in Srungavarapukota, 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 Srungavarapukota or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGV0002229. 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, Boddam, Srungavarapukota
The table below shows the main details of the IFSC Code APGV0002229 for the Andhra Pradesh Grameena Vikas Bank branch in Srungavarapukota, which falls under the Vizianagaram district in Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0002229 |
| Branch | Boddam |
| City | Srungavarapukota |
| District | Vizianagaram |
| State | Andhra Pradesh |
| Address | Boddam 2229,Via Srungavarapukota, Mdl. Vepada,Vizianagaram Dist. Pin 531 145 |
These details helps users in online banking and for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Srungavarapukota for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0002229 for the Boddam 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Andhra Pradesh Grameena Vikas Bank located in Boddam, Srungavarapukota, Andhra Pradesh, is provided a unique IFSC like APGV0002229 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Andhra Pradesh Grameena Vikas Bank branch in Srungavarapukota.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Srungavarapukota and Vizianagaram.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Andhra Pradesh Grameena Vikas Bank in Boddam do not get misguided to another person.
Format of the IFSC Code APGV0002229
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 Boddam in Srungavarapukota.
For example, the IFSC Code APGV0002229 of Andhra Pradesh Grameena Vikas Bank for the Boddam branch includes these elements, identifying the bank and the branch location in Srungavarapukota and Andhra Pradesh accurately.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
To find the IFSC Code APGV0002229 of Andhra Pradesh Grameena Vikas Bank for its Boddam branch located in Srungavarapukota, the following methods can help you out:
Cheque Book
The cheque book issued by Andhra Pradesh Grameena Vikas Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Andhra Pradesh Grameena Vikas Bank branches in Srungavarapukota and Vizianagaram, 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 go to the branch locator section. Then search for Boddam or Srungavarapukota to find the exact IFSC Code APGV0002229.
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 maintains an updated database of all IFSC codes. Searching for Andhra Pradesh Grameena Vikas Bank and Srungavarapukota will provide accurate information.
How to Use IFSC Code APGV0002229 for Online Transfers?
Once you have the IFSC Code APGV0002229 for the Boddam branch of Andhra Pradesh Grameena Vikas Bank in Srungavarapukota, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGV0002229. 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 APGV0002229.
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 Boddam in Srungavarapukota, 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 Boddam, 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 Srungavarapukota to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0002229.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Boddam 2229,Via Srungavarapukota, Mdl. Vepada,Vizianagaram Dist. Pin 531 145 located in Srungavarapukota, Vizianagaram, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.