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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Andhra Pradesh Grameena Vikas Bank for its Bonangi branch in Srungavarapukota, Vizianagaram, or Andhra Pradesh, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the 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 APGV0002208. 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, Bonangi, Srungavarapukota
The table below shows the main details of the IFSC Code APGV0002208 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 | APGV0002208 |
| Branch | Bonangi |
| City | Srungavarapukota |
| District | Vizianagaram |
| State | Andhra Pradesh |
| Address | Bonangi 2208,Vizianagaram Dist,Pin 531 160 |
These details are essential not only for online banking users but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Srungavarapukota for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0002208 for the Bonangi 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, along with Andhra Pradesh Grameena Vikas Bank located in Bonangi, Srungavarapukota, Andhra Pradesh, are given a unique IFSC like APGV0002208 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Srungavarapukota.
- 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 Srungavarapukota and Vizianagaram.
- 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 Bonangi goes to the correct branch. This is important because Andhra Pradesh Grameena Vikas Bank has thousands of branches in Andhra Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code APGV0002208
This is the format of the IFSC Code for banks, including Andhra Pradesh Grameena Vikas Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Andhra Pradesh Grameena Vikas Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Bonangi in Srungavarapukota.
For example, the IFSC Code APGV0002208 of Andhra Pradesh Grameena Vikas Bank for the Bonangi 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?
If you are trying to find the IFSC Code APGV0002208 of Andhra Pradesh Grameena Vikas Bank for its Bonangi branch located in Srungavarapukota, 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 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 find the branch locator section. Search for Bonangi or Srungavarapukota to get the exact IFSC Code APGV0002208.
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 Srungavarapukota that will provide accurate information.
How to Use IFSC Code APGV0002208 for Online Transfers?
Once you have the IFSC Code APGV0002208 for the Bonangi branch of Andhra Pradesh Grameena Vikas Bank in Srungavarapukota, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code APGV0002208. 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 APGV0002208.
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 Bonangi in Srungavarapukota, 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 Bonangi, 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 of the Bonangi Srungavarapukota branch is APGV0002208.
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 Bonangi 2208,Vizianagaram Dist,Pin 531 160.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.