Assam Gramin Vikash Bank IFSC New 2021 – if you are looking for an IFS code for Assam Gramin Vikash Bank 2021 then this is the right place. From where you will get the current updates and genuine updates.
Before you scroll down the page I want to tell you that recently the IFSC of Assam Gramin Vikash Bank has changed. As of today, old IFS codes are not working you have to use the new IFS code of Assam Gramin Vikash Bank instead of the old ones.
|New IFSC of Assam Gramin Vikash Bank||PUNB0RRBAGB|
|Sponsor Bank||Punjab National Bank|
|Branch||Assam Gramin Vikash Bank (AGVB)|
|Remittance||NEFT / RTGS / Mobile Banking|
|Code Working Branch||All branches of Assam of this bank|
|Address||Head Office : Guwahati G.S. Road, Bhangagarh Guwahati, Assam-781005|
Assam Gramin Vikash Bank New IFSC Code 2021
As I mentioned above that the IFS code of Assam Gramin Vikash Bank has changed due to the change of sponsor bank. The old IFS code is UTBI0RRBAGB and the new IFSC Code of Assam Gramin Vikash Bank is PUNB0RRBAGB.
The new sponsor bank of Assam Gramin Vikash Bank is now Punjab National Bank so the Reserve Bank of India has changed the IFS code of Assam Gramin Vikash Bank.
Recently, with the help of the official website of AGVB bank, it has been told that their new IFS code will work from 25.03.2021. And told the customer that whenever he does NFT / IMPS / RTGS and Mobile Banking transactions, then use the new IFS code
AGVB Bank was earlier amalgamation with United Bank of India but now with Punjab National Bank.
Nearby Branches of Assam Garin Vikash Bank
AGVB is an Assam Gramin Bank that comes under RRB, Government of India. Its branch is all over Assam, if you want to open your account in this bank, then you can open in 0 balance.
This bank branch is available in every district of Assam. And the IFSC code of this bank is the same all over Assam, in whichever branch of AGVB in Assam you want to transfer money, you can do the transaction using the same IFS code.
How to find IFSC Code?
Now tell you how you will be able to find the IFSC code. so let’s know the methods.
- You can find the IFSC code in your bank passbook or in the cheque leaf.
- You can get the IFS code from the official website of the bank.
- Also, you will find the IFS code of any bank on the RBI website.
Usage of IFSC Code
Before knowing about the IFSC code frame you should know about usage. So let’s know about the use of the IFSC code in two or three sentences.
IFS code is used to transfer money. If you want to send money to someone or to any other branch, then you will need the IFS code of that branch.
As mentioned IFSC code is used while transferring money. Right now the money transfer mode in the bank is IMPS, RTGS, NEFT, and net banking. In this transfer mode, you have to use the IFSC code while transferring money.
I hope you understand where and why IFSC Code is required.
In four modes, you have to use IFS code –
- IMPS – Immediate Payment Service,
- NEFT – National Electronic Funds Transfer,
- RTGS – Real Time Gross Settlement and
- Net Banking.
Format of IFSC Code
IFSC Code whose full form is the Indian Financial System Code. IFS code is an 11 digit code assigned to each bank of India by the Reserve Bank of India. Every bank has a unique code.
This code is of both numeric and alphabetic types. The first four letters of this code are the abbreviation for the bank. After that, there is a 0 which is called the control number. And after that, there is a 6 digit code of the next, which is the code of the bank.
Which is only numeric and alphabetical. For example, if the next six digits are numeric then there will be no other alphabet. If the next six digits are alphabetic, then it will not be numeric.
|Bank Short Code||0||Branch Code|
The new IFSC Code is PUNB0RRBAGB of AGVB.
Yes, this IFSC code has changed and the new IFSC code is working since 25/03/2021.
Yes, it merged with PUNB and the new sponsor bank of Assam Gramin Vikash Bank is now Punjab National Bank.