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IFSC Code of Andhra Pradesh Grameena Vikas Bank, Yendada, Visakhapatnam, Andhra Pradesh — APGV0003398

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 Yendada branch in Visakhapatnam, Visakhapatnam, Andhra Pradesh, 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 Visakhapatnam or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code APGV0003398. 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, Yendada, Visakhapatnam

Here are the main details that are associated with the IFSC Code APGV0003398 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 APGV0003398
Branch Yendada
City Visakhapatnam
District Visakhapatnam
State Andhra Pradesh
Address H.No.14/1/3, Plot No.62, Varahagiri Nagar Near Nh5 Road, Yendada, Yendada, 530045

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 APGV0003398 for the Yendada 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Andhra Pradesh Grameena Vikas Bank located in Yendada, Visakhapatnam, Andhra Pradesh, is provided a unique IFSC like APGV0003398 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Andhra Pradesh Grameena Vikas Bank branch in Visakhapatnam.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Visakhapatnam and Visakhapatnam.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Andhra Pradesh Grameena Vikas Bank in Yendada do not get misguided to another person.

Format of the IFSC Code APGV0003398

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 Yendada in Visakhapatnam.

For example, the IFSC Code APGV0003398 of Andhra Pradesh Grameena Vikas Bank for the Yendada branch has these elements, identifying the bank and the branch location in Visakhapatnam and Andhra Pradesh correctly.

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

If you are trying to find the IFSC Code APGV0003398 of Andhra Pradesh Grameena Vikas Bank for its Yendada 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 Yendada or Visakhapatnam to get the exact IFSC Code APGV0003398.

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 APGV0003398 for Online Transfers?

Once you have the IFSC Code APGV0003398 for the Yendada branch of Andhra Pradesh Grameena Vikas Bank in Visakhapatnam, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code APGV0003398. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Andhra Pradesh Grameena Vikas Bank IFSC Code APGV0003398.

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 Yendada in Visakhapatnam, 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 Yendada, 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 Visakhapatnam to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

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

The IFSC Code is APGV0003398.

Is the IFSC Code APGV0003398 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Yendada branch?

The address of the branch is H.No.14/1/3, Plot No.62, Varahagiri Nagar Near Nh5 Road, Yendada, Yendada, 530045 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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