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IFSC Code of Andhra Pradesh Grameena Vikas Bank, Vemulavalasa, Visakhapatnam, Andhra Pradesh — APGV0003341

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Andhra Pradesh Grameena Vikas Bank for its Vemulavalasa branch in Visakhapatnam, Visakhapatnam, Andhra Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Andhra Pradesh Grameena Vikas Bank located in Visakhapatnam or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGV0003341. 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, Vemulavalasa, Visakhapatnam

Here are the key points that are associated with the IFSC Code APGV0003341 of Andhra Pradesh Grameena Vikas Bank for its branch located in Visakhapatnam, within the district of Visakhapatnam in the state of Andhra Pradesh.

Particulars Details
Bank Andhra Pradesh Grameena Vikas Bank
IFSC Code APGV0003341
Branch Vemulavalasa
City Visakhapatnam
District Visakhapatnam
State Andhra Pradesh
Address Opp Bajaj Showroom,Bypass Road,Vemulavalasa Village,Anandapuram M ,Visakapatnam Dist.Pin 531 163

These details are crucial, not just for online banking users but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Visakhapatnam for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code APGV0003341 for the Vemulavalasa branch of Andhra Pradesh Grameena Vikas Bank has 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, including Andhra Pradesh Grameena Vikas Bank located in Vemulavalasa, Visakhapatnam, Andhra Pradesh, is provided with a unique IFSC like APGV0003341 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 Visakhapatnam.
  • 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 Visakhapatnam and Visakhapatnam.
  • 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 Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Andhra Pradesh Grameena Vikas Bank in Vemulavalasa do not get mixed with another location.

Format of the IFSC Code APGV0003341

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 Vemulavalasa in Visakhapatnam.

For example, the IFSC Code APGV0003341 of Andhra Pradesh Grameena Vikas Bank for the Vemulavalasa branch includes these elements, identifying the bank and the branch location in Visakhapatnam and Andhra Pradesh accurately.

How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?

If you are trying to find the IFSC Code APGV0003341 of Andhra Pradesh Grameena Vikas Bank for its Vemulavalasa branch located in Visakhapatnam, 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 Visakhapatnam and Visakhapatnam, 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 Vemulavalasa or Visakhapatnam to get the exact IFSC Code APGV0003341.

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 Visakhapatnam that will provide accurate information.

How to Use IFSC Code APGV0003341 for Online Transfers?

Once you have the IFSC Code APGV0003341 for the Vemulavalasa branch of Andhra Pradesh Grameena Vikas Bank in Visakhapatnam, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code APGV0003341. 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 APGV0003341.

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 Vemulavalasa in Visakhapatnam, it can 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 Vemulavalasa, 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 Visakhapatnam manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

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

The IFSC Code is APGV0003341.

Is the IFSC Code APGV0003341 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Vemulavalasa branch?

The address of the branch is Opp Bajaj Showroom,Bypass Road,Vemulavalasa Village,Anandapuram M ,Visakapatnam Dist.Pin 531 163 located in Visakhapatnam, Visakhapatnam, Andhra Pradesh.

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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