IFSC Code of Telangana Grameena Bank, Peddamallareddy Branch, Telangana

This page lists the IFSC code, branch address, contact number and fund-transfer information for Telangana Grameena Bank, PEDDAMALLAREDDY branch in NIZAMABAD. The 11-digit IFSC TGRB0000124 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Telangana Grameena Bank at the PEDDAMALLAREDDY location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.

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 PEDDAMALLAREDDY branch, the IFSC TGRB0000124 breaks down as follows: TGRB identifies the bank, 0 is the reserved character, and 000124 identifies this particular branch.

About Telangana Grameena Bank

Telangana Grameena Bank operates a wide network of branches across India, including the Peddamallareddy branch in Nizamabad. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, TGRB0000124.

Branch details at a glance

Peddamallareddy branch overview

Located at H NO 10-47, OPP - HIGH SCHOOL, PEDDAMALLAREDDY, the Peddamallareddy branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC TGRB0000124 is required for all interbank electronic transfers routed through this branch.

Why every Telangana Grameena Bank branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including PEDDAMALLAREDDY of Telangana Grameena Bank — its own 11-character IFSC. The code TGRB0000124 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC TGRB0000124 the same way you would treat your account number — verify it once and save it carefully for future use.

Account types you can open at the Peddamallareddy branch

Once you have an account at Telangana Grameena Bank – PEDDAMALLAREDDY, the IFSC TGRB0000124 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 Peddamallareddy branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 40-9491041512.

• 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 TGRB0000124

How to transfer money using IFSC TGRB0000124

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 TGRB0000124 across all three.

NEFT to Telangana Grameena Bank, PEDDAMALLAREDDY using IFSC TGRB0000124

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 TGRB0000124, and confirm that the system picks up Telangana Grameena Bank – PEDDAMALLAREDDY. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to PEDDAMALLAREDDY

If you need to transfer ₹2 lakh or more in one go to an account at Telangana Grameena Bank's PEDDAMALLAREDDY branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC TGRB0000124 while initiating the transfer and the credit will appear within minutes.

IMPS to Telangana Grameena Bank PEDDAMALLAREDDY (IFSC TGRB0000124)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC TGRB0000124 in your mobile or internet banking app, and the money is credited to the PEDDAMALLAREDDY branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Peddamallareddy

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 TGRB0000124:

• 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 PEDDAMALLAREDDY is still linked to IFSC TGRB0000124.

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 TGRB0000124

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 – PEDDAMALLAREDDY is still mapped to IFSC TGRB0000124. 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 TGRB0000124 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 Peddamallareddy 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 TGRB0000124 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 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 TGRB0000124 and the account number together uniquely identify the Peddamallareddy branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

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 – PEDDAMALLAREDDY:

• The IFSC is exactly TGRB0000124 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 PEDDAMALLAREDDY 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 Peddamallareddy branch

The branch is located at H NO 10-47, OPP - HIGH SCHOOL, PEDDAMALLAREDDY, which puts it inside Nizamabad, the broader Kamareddy district, and the state of Telangana. To plan your visit:

1. Open Google Maps on your phone and search for “Telangana Grameena Bank Peddamallareddy branch” — the verified location pin for IFSC TGRB0000124 should appear at the top of the results.
2. Confirm the branch is open by calling 40-9491041512 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 TGRB0000124 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC TGRB0000124 for Telangana Grameena Bank – PEDDAMALLAREDDY, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Working hours

Branch counters at Peddamallareddy 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 TGRB0000124 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: TGRB0000124 is the IFSC code of Telangana Grameena Bank, PEDDAMALLAREDDY branch, in NIZAMABAD, 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.