Telangana State Co-operative Apex Bank
THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, BIBINAGAR BRANCH
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 NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, BIBINAGAR
branch of Telangana State Co-operative Apex Bank, the code TSAB0023003 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 TSAB0023003 Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"TSAB" represents Telangana State Co-operative Apex Bank
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, BIBINAGAR
Payment Systems Supported by TSAB0023003
| 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—508856682—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 BIBINAGAR typically follows the RBI holiday calendar. Digital transfers via TSAB0023003 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 TSAB0023003 is the valid code for THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, BIBINAGAR at BIBINAGAR, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
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Financial Tools
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Branch Context
- • THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, BIBINAGAR Contact
- • Address of Telangana State Co-operative Apex Bank
- • MICR Code Finder
- • TELANGANA Banking Circle
Platform Links
- • Anand Design DevBox
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- • Webmaster Tools
- • IFSC Finder v2.0
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