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Telangana State Co-operative Apex Bank

THE NIZAMABAD DISTRICT CO OPERATIVE CENTRAL BANK LTD, BALKONDA BRANCH

IFSC CODE
TSAB0018035
MICR Code 503814622
Branch Code 018035
City / District BALKONDA
State TELANGANA
Office Address VENNAL X ROAD,PLANE BUILDING,BALKONDA
Phone Not Available
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Understanding IFSC Code: The Digital DNA of Telangana State Co-operative Apex Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the THE NIZAMABAD DISTRICT CO OPERATIVE CENTRAL BANK LTD, BALKONDA branch of Telangana State Co-operative Apex Bank, the code TSAB0018035 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the TSAB0018035 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"TSAB" represents Telangana State Co-operative Apex Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for THE NIZAMABAD DISTRICT CO OPERATIVE CENTRAL BANK LTD, BALKONDA

Payment Systems Supported by TSAB0018035

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—503814622—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Telangana State Co-operative Apex Bank in BALKONDA typically follows the RBI holiday calendar. Digital transfers via TSAB0018035 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While TSAB0018035 is the valid code for THE NIZAMABAD DISTRICT CO OPERATIVE CENTRAL BANK LTD, BALKONDA at BALKONDA, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Branch Context

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  • • Address of Telangana State Co-operative Apex Bank
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  • • TELANGANA Banking Circle

Platform Links

  • • Anand Design DevBox
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  • • IFSC Finder v2.0

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