Use this page as a one-stop reference for everything related to Telangana State Coop Apex Bank's THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, ALER branch in ALER, TELANGANA. The branch's IFSC code TSAB0023002 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.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Telangana State Coop Apex Bank – THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, ALER is TSAB0023002. The first four letters TSAB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 023002 map to this branch in ALER, TELANGANA.
About the bank
Telangana State Coop Apex Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its The Nalgonda District Co Operative Central Bank Ltd, Aler branch in Aler, Telangana is part of this network and uses the IFSC code TSAB0023002 for all electronic settlement.
Branch details at a glance
| Bank Name | Telangana State Coop Apex Bank |
|---|---|
| Branch | The Nalgonda District Co Operative Central Bank Ltd, Aler |
| IFSC Code | TSAB0023002 |
| MICR Code | Refer to cheque leaf |
| Branch Address | OPPRAILWAY STATION,MAIN ROAD,ALAIR |
| City | Aler |
| District | Nalgonda |
| State | Telangana |
About the The Nalgonda District Co Operative Central Bank Ltd, Aler branch
The The Nalgonda District Co Operative Central Bank Ltd, Aler branch of Telangana State Coop Apex Bank is situated at OPPRAILWAY STATION,MAIN ROAD,ALAIR. 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 TSAB0023002 is used.
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 State Coop Apex Bank's THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, ALER branch came to be assigned the code TSAB0023002.
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 TSAB0023002, money simply cannot be routed to the THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, ALER branch electronically.
Account types you can open at the The Nalgonda District Co Operative Central Bank Ltd, Aler branch
Once you have an account at Telangana State Coop Apex Bank – THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, ALER, the IFSC TSAB0023002 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.
Products and services
Customers walking into the The Nalgonda District Co Operative Central Bank Ltd, Aler branch can access most of Telangana State Coop Apex 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 TSAB0023002
How to transfer money using IFSC TSAB0023002
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 TSAB0023002 across all three.
How to use IFSC TSAB0023002 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Telangana State Coop Apex Bank's THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, ALER 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 TSAB0023002.
- Confirm the bank name auto-populates as Telangana State Coop Apex Bank and the branch as THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, ALER.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, ALER
If you need to transfer ₹2 lakh or more in one go to an account at Telangana State Coop Apex Bank's THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, ALER branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC TSAB0023002 while initiating the transfer and the credit will appear within minutes.
IMPS to Telangana State Coop Apex Bank THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, ALER (IFSC TSAB0023002)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC TSAB0023002 in your mobile or internet banking app, and the money is credited to the THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, ALER branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to The Nalgonda District Co Operative Central Bank Ltd, Aler
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 TSAB0023002:
- 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 THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, ALER is still linked to IFSC TSAB0023002.
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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Telangana State Coop Apex Bank's THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, ALER branch, the IFSC TSAB0023002 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Digital banking channels
Most day-to-day work that customers used to do at the The Nalgonda District Co Operative Central Bank Ltd, Aler 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 TSAB0023002 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 State Coop Apex Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC TSAB0023002 and the account number together uniquely identify the The Nalgonda District Co Operative Central Bank Ltd, Aler branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC TSAB0023002
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 State Coop Apex Bank – THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, ALER, 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:
TSAB0023002. - 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.
How to reach the The Nalgonda District Co Operative Central Bank Ltd, Aler branch
The branch is located at OPPRAILWAY STATION,MAIN ROAD,ALAIR, which puts it inside Aler, the broader Nalgonda district, and the state of Telangana. To plan your visit:
- Open Google Maps on your phone and search for “Telangana State Coop Apex Bank The Nalgonda District Co Operative Central Bank Ltd, Aler branch” — the verified location pin for IFSC TSAB0023002 should appear at the top of the results.
- Confirm the branch is open by calling the branch contact number before stepping out, especially around public holidays.
- 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 TSAB0023002 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC TSAB0023002 for Telangana State Coop Apex Bank – THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, ALER, 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.
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 The Nalgonda District Co Operative Central Bank Ltd, Aler branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC TSAB0023002, however, work 24x7.
Branch address & contact
Telangana State Coop Apex BankThe Nalgonda District Co Operative Central Bank Ltd, Aler Branch
OPPRAILWAY STATION,MAIN ROAD,ALAIR
Aler, Telangana
Phone: the branch contact number
IFSC: TSAB0023002
Frequently asked questions
How do I add Telangana State Coop Apex Bank The Nalgonda District Co Operative Central Bank Ltd, Aler as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC TSAB0023002, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC TSAB0023002 the same for all accounts at The Nalgonda District Co Operative Central Bank Ltd, Aler branch?
Yes. The IFSC TSAB0023002 is shared by every account held at Telangana State Coop Apex Bank's The Nalgonda District Co Operative Central Bank Ltd, Aler branch. Only the account number changes from customer to customer.
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 The Nalgonda District Co Operative Central Bank Ltd, Aler branch but serve different purposes.
Where is Telangana State Coop Apex Bank The Nalgonda District Co Operative Central Bank Ltd, Aler branch located?
Telangana State Coop Apex Bank's The Nalgonda District Co Operative Central Bank Ltd, Aler branch is located at OPPRAILWAY STATION,MAIN ROAD,ALAIR, Aler, Telangana.
What is the phone number of Telangana State Coop Apex Bank The Nalgonda District Co Operative Central Bank Ltd, Aler branch?
You can reach the branch at the branch contact number during regular banking hours.
Does Telangana State Coop Apex Bank The Nalgonda District Co Operative Central Bank Ltd, Aler branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
Final notes
To recap: TSAB0023002 is the IFSC code of Telangana State Coop Apex Bank, THE NALGONDA DISTRICT CO OPERATIVE CENTRAL BANK LTD, ALER branch, in ALER, 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.


