Below are the complete branch details for Telangana Grameena Bank, OLD PALAMOOR branch, located in MAHBUBNAGAR, TELANGANA. The IFSC assigned by the Reserve Bank of India to this branch is TGRB0007172. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case TGRB0007172 for Telangana Grameena Bank – OLD PALAMOOR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Telangana Grameena Bank's OLD PALAMOOR branch, the IFSC TGRB0007172 breaks down as follows: TGRB identifies the bank, 0 is the reserved character, and 007172 identifies this particular branch.
Bank profile
Telangana Grameena Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Old Palamoor branch — IFSC TGRB0007172 — extends the bank's services to customers in and around Mahbubnagar, Telangana.
About the Old Palamoor branch
The Old Palamoor branch of Telangana Grameena Bank is situated at RAICHUR ROAD,MAHBUBNAGAR,509001.. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code TGRB0007172 is used.
Branch details at a glance
| Bank Name | Telangana Grameena Bank |
|---|---|
| Branch | Old Palamoor |
| IFSC Code | TGRB0007172 |
| MICR Code | Refer to cheque leaf |
| Branch Address | RAICHUR ROAD,MAHBUBNAGAR,509001. |
| City | Mahbubnagar |
| District | Mahbubnagar |
| State | Telangana |
| STD Code | 40 |
| Phone | 9440908398 |
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 OLD PALAMOOR branch came to be assigned the code TGRB0007172.
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 TGRB0007172, money simply cannot be routed to the OLD PALAMOOR branch electronically.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Telangana Grameena Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC TGRB0007172 and the account number together uniquely identify the Old Palamoor branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC TGRB0007172
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 TGRB0007172 across all three.
How to use IFSC TGRB0007172 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Telangana Grameena Bank's OLD PALAMOOR branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC TGRB0007172.
- Confirm the bank name auto-populates as Telangana Grameena Bank and the branch as OLD PALAMOOR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC TGRB0007172
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Telangana Grameena Bank – OLD PALAMOOR, ensure your bank's portal accepts IFSC TGRB0007172 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Telangana Grameena Bank OLD PALAMOOR (IFSC TGRB0007172)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC TGRB0007172 in your mobile or internet banking app, and the money is credited to the OLD PALAMOOR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC TGRB0007172 for Telangana Grameena Bank – OLD PALAMOOR, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – TGRB0007172 | Yes – TGRB0007172 | Yes – TGRB0007172 |
For most retail customers crediting the Old Palamoor branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC TGRB0007172
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 – OLD PALAMOOR is still mapped to IFSC TGRB0007172. 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 TGRB0007172 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Old Palamoor branch is mapped to IFSC TGRB0007172 on the RBI payments network. The branch generally supports the full retail product catalogue of Telangana Grameena Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains TGRB0007172.
Products and services
Customers walking into the Old Palamoor branch can access most of Telangana Grameena Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC TGRB0007172
Online banking and IFSC TGRB0007172
Telangana Grameena Bank customers can register for net banking and the bank's official mobile app once their account at the OLD PALAMOOR branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC TGRB0007172 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Reaching the branch
The Old Palamoor branch sits at RAICHUR ROAD,MAHBUBNAGAR,509001.. If you are travelling from outside Mahbubnagar, search for the branch on a maps application using the bank name and locality, or call 40-9440908398 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC TGRB0007172 and your account number.
Common mistakes to avoid when using IFSC TGRB0007172
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Telangana Grameena Bank – OLD PALAMOOR, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
TGRB0007172. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Old Palamoor branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC TGRB0007172, however, work 24x7.
Verifying IFSC TGRB0007172 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 TGRB0007172 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 40-9440908398.
- Visiting the bank's official branch locator page.
Branch address & contact
Telangana Grameena BankOld Palamoor Branch
RAICHUR ROAD,MAHBUBNAGAR,509001.
Mahbubnagar, Telangana
Phone: 40-9440908398
IFSC: TGRB0007172
Frequently asked questions
How do I add Telangana Grameena Bank Old Palamoor as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC TGRB0007172, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Telangana Grameena Bank Old Palamoor branch?
You can reach the branch at 40-9440908398 during regular banking hours.
Is IFSC TGRB0007172 valid for NEFT and RTGS?
Yes. IFSC TGRB0007172 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC TGRB0007172 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC TGRB0007172 to send funds instantly.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Old Palamoor branch but serve different purposes.
Where is Telangana Grameena Bank Old Palamoor branch located?
Telangana Grameena Bank's Old Palamoor branch is located at RAICHUR ROAD,MAHBUBNAGAR,509001., Mahbubnagar, Telangana.
How quickly will an NEFT transfer using TGRB0007172 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Telangana Grameena Bank – Old Palamoor reflect within 30 minutes.
Does Telangana Grameena Bank Old Palamoor branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 40-9440908398 to confirm.
Final notes
To recap: TGRB0007172 is the IFSC code of Telangana Grameena Bank, OLD PALAMOOR branch, in MAHBUBNAGAR, TELANGANA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.


