IFSC code for Andhra Pradesh Grameena Vikas Bank, Pedakothapalli, Nagarkurnool, Telangana
Updated on: Friday, November 1, 2024
IFSC CODE
APGV0007112
Andhra Pradesh Grameena Vikas Bank
Pedakothapalli, Pedakothapalli, Telangana
Address
Pedda Kothapally 7112,kollapur Tq,mbnr Dist. 509 412
Andhra Pradesh Grameena Vikas Bank
Pedakothapalli, Pedakothapalli, Telangana
Address
Pedda Kothapally 7112,kollapur Tq,mbnr Dist. 509 412
Bank Details
IFSC Code
APGV0007112
MICR Code
NA
Bank Code
(Based on IFSC)
APGV
Bank Code
(Based on MICR)
NA
Contact
+919490157305
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IFSC Code of Andhra Pradesh Grameena Vikas Bank
Every Andhra Pradesh Grameena Vikas Bank branch in India has a unique Andhra Pradesh Grameena Vikas Bank IFSC Code. Andhra Pradesh Grameena Vikas Bank IFSC Code enables Andhra Pradesh Grameena Vikas Bank account holders to send and receive money electronically. Andhra Pradesh Grameena Vikas Bank IFSC Code is assigned by RBI (Reserve Bank of India) to each branch as it helps in carrying out RTGS and NEFT transactions smoothly.
Benefits of IFSC Code
Unique Identification: IFSC code helps in unique identification of all banks and their respective branches.
Smooth Fund Transfer: IFSC code enables convenient and hassle-free transfer of funds from one bank account to another.
Monitoring Transactions: IFSC code is used by RBI to keep track of all the bank transactions. It lowers the chances of discrepancy.
Format of Andhra Pradesh Grameena Vikas Bank IFSC Code APGV0007112
The IFSC code of all accounts in the same branch of the bank is standard. It is an 11 digit alphanumeric code.
The first four letters of the code, i.e., APGV, denotes the name of the bank which is Andhra Pradesh Grameena Vikas Bank.
The fifth character is 0.
The last six digits of the code, i.e., 007112, represents the branch which is Andhra Pradesh Grameena Vikas Bank
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MICR Code of Andhra Pradesh Grameena Vikas Bank
Every Andhra Pradesh Grameena Vikas Bank branch in India has a unique Andhra Pradesh Grameena Vikas Bank MICR Code. MICR code for Andhra Pradesh Grameena Vikas Bank can be found on a cheque leaf and bank passbook. It is a 9 digit code printed on the last line of a cheque leaf. One can also find MICR code on the website of Andhra Pradesh Grameena Vikas Bank. MICR code is used for faster and secure processing of cheques.
Benefits of MICR Code
High Level of Security: The use of magnetic ink ensures MICR characters are readable even if a document is obscured by marks.
Authentication of Docs: MICR code authenticates the originality and legality of paper based docs. in the banking system.
Faster Processing: There is no manual input and hence the processing of MICR information is fast and errors are reduced.
