IFSC Code of Telangana Grameena Bank, Manchal Branch, Telangana

Use this page as a one-stop reference for everything related to Telangana Grameena Bank's MANCHAL branch in HYDERABAD-I, TELANGANA. The branch's IFSC code TGRB0000242 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, TGRB0000242 is the IFSC of Telangana Grameena Bank's MANCHAL branch. The format is fixed: TGRB = bank code, 0 = reserved, 000242 = branch identifier.

Bank profile

Telangana Grameena Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Manchal branch — IFSC TGRB0000242 — extends the bank's services to customers in and around Hyderabad-I, Telangana.

Branch details at a glance

Manchal branch overview

Located at H.NO- 3-68, NEAR GRAM PANCHAYAT VILL - MANCHAL, the Manchal branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC TGRB0000242 is required for all interbank electronic transfers routed through this branch.

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Telangana Grameena Bank's MANCHAL branch came to be assigned the code TGRB0000242.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC TGRB0000242, money simply cannot be routed to the MANCHAL branch electronically.

Account types you can open at the Manchal branch

Once you have an account at Telangana Grameena Bank – MANCHAL, the IFSC TGRB0000242 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Banking services available

The Manchal branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 40-9491042017.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC TGRB0000242

How to transfer money using IFSC TGRB0000242

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC TGRB0000242 across all three.

NEFT to Telangana Grameena Bank, MANCHAL using IFSC TGRB0000242

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC TGRB0000242, and confirm that the system picks up Telangana Grameena Bank – MANCHAL. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to MANCHAL

If you need to transfer ₹2 lakh or more in one go to an account at Telangana Grameena Bank's MANCHAL branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC TGRB0000242 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to Telangana Grameena Bank – MANCHAL, use IMPS. With IFSC TGRB0000242 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to Manchal

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC TGRB0000242:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at MANCHAL is still linked to IFSC TGRB0000242.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC TGRB0000242

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Telangana Grameena Bank – MANCHAL is still mapped to IFSC TGRB0000242. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC TGRB0000242 and the beneficiary's account number to complete the transfer.

Digital banking channels

Most day-to-day work that customers used to do at the Manchal branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC TGRB0000242 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

MICR & cheque-truncation details

Cheques drawn on the Manchal branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC TGRB0000242 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Telangana Grameena Bank – MANCHAL:

• The IFSC is exactly TGRB0000242 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Telangana Grameena Bank as the bank name and MANCHAL as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

How to reach the Manchal branch

The branch is located at H.NO- 3-68, NEAR GRAM PANCHAYAT VILL - MANCHAL, which puts it inside Hyderabad-I, the broader Ranga Reddy district, and the state of Telangana. To plan your visit:

1. Open Google Maps on your phone and search for “Telangana Grameena Bank Manchal branch” — the verified location pin for IFSC TGRB0000242 should appear at the top of the results.
2. Confirm the branch is open by calling 40-9491042017 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC TGRB0000242 and your account number.

Verifying IFSC TGRB0000242 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm TGRB0000242 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 40-9491042017.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Manchal are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to TGRB0000242 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code TGRB0000242 belongs to Telangana Grameena Bank's MANCHAL branch, located at H.NO- 3-68, NEAR GRAM PANCHAYAT VILL - MANCHAL in HYDERABAD-I, TELANGANA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.