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 Suryapet branch in Suryapet, Suryapet, 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 Suryapet or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0006231. 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, Suryapet, Suryapet

Here are the main details that are associated with the IFSC Code APGV0006231 of Andhra Pradesh Grameena Vikas Bank for its branch located in Suryapet, within the district of Suryapet in the state of Telangana.

Particulars Details
Bank Andhra Pradesh Grameena Vikas Bank
IFSC Code APGV0006231
Branch Suryapet
City Suryapet
District Suryapet
State Telangana
Address Suryapeta 6231,Mandal Suryapeta,Dist Nalgonda. Pin 508 213

These details help 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 APGV0006231 for the Suryapet branch of Andhra Pradesh Grameena Vikas Bank has a very 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, including Andhra Pradesh Grameena Vikas Bank located in Suryapet, Suryapet, Telangana, is provided with a unique IFSC like APGV0006231 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 Suryapet.
  • 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 Suryapet and Suryapet.
  • 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 Suryapet do not get mixed with another location.

Format of the IFSC Code APGV0006231

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 Suryapet in Suryapet.

For example, the IFSC Code APGV0006231 of Andhra Pradesh Grameena Vikas Bank for the Suryapet 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 APGV0006231 of Andhra Pradesh Grameena Vikas Bank for its Suryapet branch located in Suryapet, 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 Suryapet and Suryapet, 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 Suryapet or Suryapet to get the exact IFSC Code APGV0006231.

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 Suryapet, you'll get the correct details.

How to Use IFSC Code APGV0006231 for Online Transfers?

If you have the IFSC Code APGV0006231 for the Suryapet branch of Andhra Pradesh Grameena Vikas Bank in Suryapet, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code APGV0006231. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Andhra Pradesh Grameena Vikas Bank IFSC Code APGV0006231.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Andhra Pradesh Grameena Vikas Bank Suryapet in Suryapet, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Andhra Pradesh Grameena Vikas Bank in Suryapet, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Suryapet manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Andhra Pradesh Grameena Vikas Bank in Suryapet, Suryapet?

The IFSC Code is APGV0006231.

Is the IFSC Code APGV0006231 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Andhra Pradesh Grameena Vikas Bank Suryapet?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Suryapet branch?

The address of the branch is Suryapeta 6231,Mandal Suryapeta,Dist Nalgonda. Pin 508 213 located in Suryapet, Suryapet, Telangana.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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