There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Andhra Pradesh Grameena Vikas Bank for its Madugulapally branch in Thipparthy, Nalgonda, Telangana, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Andhra Pradesh Grameena Vikas Bank situated in Thipparthy or anywhere in Telangana can easily transfer funds instantly by using the correct IFSC Code APGV0006299. You should 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, Madugulapally, Thipparthy
The table below shows the main details of the IFSC Code APGV0006299 for the Andhra Pradesh Grameena Vikas Bank branch in Thipparthy, which falls under the Nalgonda district in Telangana.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0006299 |
| Branch | Madugulapally |
| City | Thipparthy |
| District | Nalgonda |
| State | Telangana |
| Address | H. No. 148/1, Main Road, Madugulapally, Thipparthi, 508247 |
These details are essential not only for online banking users but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Thipparthy for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0006299 for the Madugulapally 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 that is provided by the Reserve Bank of India. A unique IFSC like APGV0006299 is given to every bank branch, including Andhra Pradesh Grameena Vikas Bank located in Madugulapally, Thipparthy, Telangana, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Andhra Pradesh Grameena Vikas Bank branch in Thipparthy.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Thipparthy and Nalgonda.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Telangana and the rest of India, which is why the IFSC Code ensures that transactions meant for Andhra Pradesh Grameena Vikas Bank in Madugulapally doesn't end up at another location.
Format of the IFSC Code APGV0006299
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 Madugulapally in Thipparthy.
For example, the IFSC Code APGV0006299 of Andhra Pradesh Grameena Vikas Bank for the Madugulapally branch has these elements, identifying the bank and the branch location in Thipparthy and Telangana correctly.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
To find the IFSC Code APGV0006299 of Andhra Pradesh Grameena Vikas Bank for its Madugulapally branch located in Thipparthy, 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 Thipparthy and Nalgonda, 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 Madugulapally or Thipparthy to find the exact IFSC Code APGV0006299.
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 Thipparthy will provide accurate information.
How to Use IFSC Code APGV0006299 for Online Transfers?
Once you have the IFSC Code APGV0006299 for the Madugulapally branch of Andhra Pradesh Grameena Vikas Bank in Thipparthy, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code APGV0006299. 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 APGV0006299.
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 Madugulapally in Thipparthy, 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 Madugulapally, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Thipparthy manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Madugulapally Thipparthy branch is APGV0006299.
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. No. 148/1, Main Road, Madugulapally, Thipparthi, 508247.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.