There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Telangana State Coop Apex Bank for its The Medak District Co Operative Central Bank Ltd, Gummadidala branch in Medak, Medak, Telangana, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Telangana State Coop Apex Bank situated in Medak or anywhere in Telangana can easily transfer funds instantly by using the correct IFSC Code TSAB0017025. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Telangana State Coop Apex Bank, The Medak District Co Operative Central Bank Ltd, Gummadidala, Medak
Here are the key points that are associated with the IFSC Code TSAB0017025 of Telangana State Coop Apex Bank for its branch located in Medak, within the district of Medak in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Telangana State Coop Apex Bank |
| IFSC Code | TSAB0017025 |
| Branch | The Medak District Co Operative Central Bank Ltd, Gummadidala |
| City | Medak |
| District | Medak |
| State | Telangana |
| Address | H No 1 100 18 1 Survey No 448,Gummadidala,Opp Hanuman Temple,Gummadidala M,Medak D 502313 |
These details are important not only for users using online banking but also for businesses and individuals who use Telangana State Coop Apex Bank in Medak for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code TSAB0017025 for the The Medak District Co Operative Central Bank Ltd, Gummadidala branch of Telangana State Coop Apex Bank is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Telangana State Coop Apex Bank located in The Medak District Co Operative Central Bank Ltd, Gummadidala, Medak, Telangana, is provided with a unique IFSC like TSAB0017025 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Telangana State Coop Apex Bank branch in Medak.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Medak and Medak.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Telangana and the rest of India and the IFSC Code ensures that transactions meant for Telangana State Coop Apex Bank in The Medak District Co Operative Central Bank Ltd, Gummadidala do not get mixed with another location.
Format of the IFSC Code TSAB0017025
The format of the IFSC Code for banks, including Telangana State Coop Apex Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Telangana State Coop Apex Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as The Medak District Co Operative Central Bank Ltd, Gummadidala in Medak.
For example, the IFSC Code TSAB0017025 of Telangana State Coop Apex Bank for the The Medak District Co Operative Central Bank Ltd, Gummadidala branch includes these elements, identifying the bank and the branch location in Medak and Telangana accurately.
How to Find IFSC Code for Telangana State Coop Apex Bank?
If you are trying to find the IFSC Code TSAB0017025 of Telangana State Coop Apex Bank for its The Medak District Co Operative Central Bank Ltd, Gummadidala branch located in Medak, the following methods can help:
Cheque Book
The cheque books that are issued by Telangana State Coop Apex Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Telangana State Coop Apex Bank branches in Medak and Medak, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Telangana State Coop Apex Bank and find the branch locator section. Search for The Medak District Co Operative Central Bank Ltd, Gummadidala or Medak to get the exact IFSC Code TSAB0017025.
Mobile Banking App
If you use Telangana State Coop Apex Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Telangana State Coop Apex Bank and Medak that will provide accurate information.
How to Use IFSC Code TSAB0017025 for Online Transfers?
Once you have the IFSC Code TSAB0017025 for the The Medak District Co Operative Central Bank Ltd, Gummadidala branch of Telangana State Coop Apex Bank in Medak, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code TSAB0017025. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Telangana State Coop Apex Bank IFSC Code TSAB0017025.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Telangana State Coop Apex Bank The Medak District Co Operative Central Bank Ltd, Gummadidala in Medak may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Telangana State Coop Apex Bank in The Medak District Co Operative Central Bank Ltd, Gummadidala, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Telangana State Coop Apex Bank website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Medak to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is TSAB0017025.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is H No 1 100 18 1 Survey No 448,Gummadidala,Opp Hanuman Temple,Gummadidala M,Medak D 502313 located in Medak, Medak, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.