IFSC Code VIJB0004138 - Dippakayalapadu Branch of Vijaya Bank in West Godavari, Andhra Pradesh

Vijaya Bank

IFSC code for Dippakayalapadu Branch of Vijaya Bank in West Godavari, Andhra Pradesh is VIJB0004138. IFSC codes in India are used for uniquely identifying a bank branch for online transfer of money using NEFT or RTGS system operated and managed by Reserve Bank of India. The Dippakayalapadu Branch of Vijaya Bank is enabled for NEFT transfers and you can transfer money to all savings accounts and current accounts in Dippakayalapadu Branch of Vijaya Bank using online banking or by visiting your bank branch from anywhere in India. NEFT transfer is done in batches by RBI so it takes around 1-4hrs of time to receive the money (if the transfer initiation is done during the business hours, else it is initiated next business day).

BankVijaya Bank
BranchDippakayalapadu Branch
IFSC CodeVIJB0004138
MICR Code534029312
Bank TypePublic Sector Bank
AddressDr.no 1-100,dippakayalapadu,koyyalagudem Mandal,west Godavari District-534312
CityWest Godavari
DistrictWest Godavari, Andhra Pradesh
Phone Number1800 425 5885

Important Note: NEFT system in India only takes IFSC code and Account Number into consideration while completing the transfer of money. All other fields such as account holder name etc are ignored. So, make sure, you use the correct IFSC code and account number else money may be transferred to a wrong account and it might be impossible to get back the money.

About Vijaya Bank
Vijaya Bank is a Public Sector Bank in India. It has over 1700 branches with more than 12,000 employees. The Bank generated a business of Rs.124.00 lakh per Employee in 2011-2012 financial year with the profit per employee of Rs. 0.50 lakh.
You can get more information about Vijaya Bank at their official website - http://www.vijayabank.com/

Other Information

Ratios Financial Ratios Public Sector Banks Avg All Banks Avg
NIM 1.82 2.57 2.79
CoF 7.14 6.27 6.12
Return on Adv 3.52 3.81 4.21
ROE 10.83 13.24 13.84
ROA 0.59 0.78 1.03
CRAR 11.32 12.38 13.88
NPA Ratio 1.30 2.02 1.68
Analysis of Financial Ratios

NIM (Net Interest Margin): Net interest margin (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their (interest-earning) assets. Thus, it also has high correlation to interest spread and thus impacts profitability of the bank. NIM of Vijaya Bank is 1.82 which is less than average of PSBs as well as average of all banks in India. This indicates that Vijaya Bank is lagging among PSBs and other banks in India.

COF (Cost of Funds): Cost of funds for a bank is the average interest rate paid to depositors on financial products such as savings account, current account, and fixed deposits etc. Lower CoF is better for banks as it will increase profitability. COF of Vijaya Bank is 7.14 which is poorer than the average among PSBs as well as poorer than average CoF of all banks.

Return on Advances: Return on advances indicates the average interest rate at which the bank lends money to the borrowers. Higher return of advances is better for higher profitability of the bank (however, higher interest rates also indicate risky assests). So this ratio should be read along with NPA Ratio for better understanding about the bank.

Return on Equity (ROE): Return on equity is the measure of bank's profitability. Higher the better. [RoE = Net Profit / Total Equity].

CRAR: Capital to Risk-Weighted Assets Ratio (also known as Capital Adequacy Ratio is the ratio of bank's capital to its risk. This ratio is also monitored by RBI for all banks and higher value indicates higher stability for a bank. CRAR of Vijaya Bank is 11.32 which is less than group average among PSBs and also less than average of all banks.

NPA Ratio: Non Performing Assets refer to loans that are in jeopardy of default. Once the borrower has failed to make interest or principal payments for 90 days the loan is considered to be a non-performing asset. Thus, NPA Ratio = [Non Perforing Assets/Total Assets]. Higher NPA Ratio indicates riskiness of the bank and losses as it may result in write downs. If you are investing in a bank, be aware to check this ratio carefully. NPA Ratio of Vijaya Bank is 1.30 which is low and it is less than average NPA among PSBs as well as all Banks' average NPA.

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IFSC Codes for NEFT and RTGS
IFSC Codes are used for initiating money transfer through NEFT or RTGS. This code uniquely identifies the bank branch where the receiver of the funds has his/her account. IFSC code is a 11 character alpha-numeric code assigned to each bank branch by RBI in India.

NEFT Online Transfer:
NEFT is the most cost effective and secure way of account to account money transfer in India. It usually takes around 1-4hrs to receive the money using NEFT.

NEFT Timings:
Monday-Friday:8am to 7pm
Saturday:8am to 1pm
Sunday:Closed
Note: Any transfer made outside the time limit will be initiated on the next working day.

NEFT Fees:
Up to Rs.10,000Rs.2.50 + Service Tax
Rs.10,000 to Rs.1 LakhRs.5.00 + Service Tax
Rs.1 Lakh to Rs.2 LakhRs.15.00 + Service Tax
Rs. 2 Lakh OnwardsRs.25.00 + Service Tax
Note: This is the maximum fees which a bank can charge. Actual charges can be lower.

Find IFSC Codes:
IFSC code for a bank branch can be located on the cheque book or the pass book issued by the branch. You may also search our website to find the ifsc code for branches of all banks in India.


IFSC Code: Indian Financial System Code or IFSC is a 11 character code used in India for domestic inter-bank money transfer. This alpha numeric code uniquely identifies the bank branch participating in NEFT and RTGS payment systems. Most financial institution use the NEFT system as it is managed and promoted by Reserve Bank of India (RBI - India's Central Bank). The first 4 characters of IFSC Code represent the bank, and the last 6 numbers represent the branch of that bank. The 5th character is 0 (zero) and is reserved for future use. To initiate money transfer, you need to provide the IFSC code of the receiver's bank branch. This code is used by the NEFT system to identify the destination bank branch and also to route the messages appropriately to the concerned banks and branches.

NEFT Transfers: National Electronic Funds Transfer (NEFT) is India's electronic payment system facilitating one-to-one funds transfer. Individuals, firms and corporates can electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country. There is no limit – either minimum or maximum – on the amount of funds that could be transferred using NEFT. NEFT fund transfer system is the most secure and cost effective way to transfer money in India with no fees for receiver and very low fee for the sender (it is among the lowest for domestic interbank transfer across the world). Apart from that, it is also very fast with funds crediting in the receiver's account in around 1-4hrs after initiating the transfer.

RTGS Transfers: RTGS (Real Time Gross Settlement) system is a real-time inter-bank money transfer method for transferring money within India. RTGS is primarily meant for large value transactions and the minimum amount to be remitted through RTGS is Rs. 2 lakh. There is no upper ceiling for RTGS transactions. For this reason, it is usually used by corporates who need to transfer large sums of money in real time to meet various payment needs. RTGS is also most cost effective and secure way to transfer the money instantaneously to the receiver's bank account.