SAGB0050134 IFSC Code, SAPTAGIRI GRAMEENA BANK, VELVADAM

IFSC Code of Saptagiri Grameena Bank, Velvadam, Andhra Pradesh IFSC CODE & MICR CODE

SAPTAGIRI GRAMEENA BANK, VELVADAM - SAGB0050134

  • Bank name: SAPTAGIRI GRAMEENA BANK

Bank Address: D.no.7-22 Velvadam,velvadam 521230,velvadam

  • IFSC Code sagb0050134
  • Bank Code SAGB
  • Bank name SAPTAGIRI GRAMEENA BANK
  • Bank contact number +918659224040
  • Bank branch VELVADAM
  • Bank ISO3166 Code IN-AP
  • Bank Center VELVADAM
  • MICR Code 520804587
  • State name ANDHRA PRADESH
  • District name VELVADAM
  • City name KRISHNA
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI Yes
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for SAPTAGIRI GRAMEENA BANK, VELVADAM branch is SAGB0050134, ensures that your transactions are directed to the correct branch.

How to Use SAGB0050134 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the VELVADAM branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.