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 Penpahad branch in Suryapet, Suryapet, Telangana, 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 Suryapet or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0006247. 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, Penpahad, Suryapet
The table below shows the main details of the IFSC Code APGV0006247 for the Andhra Pradesh Grameena Vikas Bank branch in Suryapet, which falls under the Suryapet district in Telangana.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0006247 |
| Branch | Penpahad |
| City | Suryapet |
| District | Suryapet |
| State | Telangana |
| Address | Penpahad 6247,Mandal Penpahad,Dist Nalgonda. Pin 508 214 |
These details helps users in online banking and for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Suryapet for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0006247 for the Penpahad 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Andhra Pradesh Grameena Vikas Bank located in Penpahad, Suryapet, Telangana, are given a unique IFSC like APGV0006247 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Suryapet.
- 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 Suryapet and Suryapet.
- 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 Penpahad 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 APGV0006247
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 Penpahad in Suryapet.
For example, the IFSC Code APGV0006247 of Andhra Pradesh Grameena Vikas Bank for the Penpahad branch includes these elements, identifying the bank and the branch location in Suryapet and Telangana accurately.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are trying to find the IFSC Code APGV0006247 of Andhra Pradesh Grameena Vikas Bank for its Penpahad branch located in Suryapet, 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 Suryapet and Suryapet, 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 Penpahad or Suryapet to get the exact IFSC Code APGV0006247.
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 Suryapet that will provide accurate information.
How to Use IFSC Code APGV0006247 for Online Transfers?
Once you have the IFSC Code APGV0006247 for the Penpahad branch of Andhra Pradesh Grameena Vikas Bank in Suryapet, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGV0006247. 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 APGV0006247.
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 Penpahad in Suryapet, 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 Penpahad, 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 Suryapet to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Penpahad Suryapet branch is APGV0006247.
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 Penpahad 6247,Mandal Penpahad,Dist Nalgonda. Pin 508 214.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.