Use this page as a one-stop reference for everything related to Telangana State Coop Apex Bank's THE WARANGAL DISTRICT CO OPERATIVE CENTRAL BANK LTD, PARKAL branch in PARKAL, TELANGANA. The branch's IFSC code TSAB0021016 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, TSAB0021016 is the IFSC of Telangana State Coop Apex Bank's THE WARANGAL DISTRICT CO OPERATIVE CENTRAL BANK LTD, PARKAL branch. The format is fixed: TSAB = bank code, 0 = reserved, 021016 = branch identifier.
Bank profile
Telangana State Coop Apex Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The The Warangal District Co Operative Central Bank Ltd, Parkal branch — IFSC TSAB0021016 — extends the bank's services to customers in and around Parkal, Telangana.
Branch details at a glance
| Bank Name | Telangana State Coop Apex Bank |
|---|---|
| Branch | The Warangal District Co Operative Central Bank Ltd, Parkal |
| IFSC Code | TSAB0021016 |
| MICR Code | Refer to cheque leaf |
| Branch Address | POSTPARKAL,MDLPARKAL |
| City | Parkal |
| District | Gl |
| State | Telangana |
About this branch
The branch is located at POSTPARKAL,MDLPARKAL. It serves the Parkal region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Telangana State Coop Apex Bank. The IFSC TSAB0021016 is used to identify this branch on the RBI payments network.
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 WARANGAL DISTRICT CO OPERATIVE CENTRAL BANK LTD, PARKAL branch came to be assigned the code TSAB0021016.
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 TSAB0021016, money simply cannot be routed to the THE WARANGAL DISTRICT CO OPERATIVE CENTRAL BANK LTD, PARKAL branch electronically.
Account types you can open at the The Warangal District Co Operative Central Bank Ltd, Parkal branch
Once you have an account at Telangana State Coop Apex Bank – THE WARANGAL DISTRICT CO OPERATIVE CENTRAL BANK LTD, PARKAL, the IFSC TSAB0021016 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 Warangal District Co Operative Central Bank Ltd, Parkal 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 TSAB0021016
How to transfer money using IFSC TSAB0021016
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 TSAB0021016 across all three.
How to use IFSC TSAB0021016 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 WARANGAL DISTRICT CO OPERATIVE CENTRAL BANK LTD, PARKAL 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 TSAB0021016.
- Confirm the bank name auto-populates as Telangana State Coop Apex Bank and the branch as THE WARANGAL DISTRICT CO OPERATIVE CENTRAL BANK LTD, PARKAL.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC TSAB0021016
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 State Coop Apex Bank – THE WARANGAL DISTRICT CO OPERATIVE CENTRAL BANK LTD, PARKAL, ensure your bank's portal accepts IFSC TSAB0021016 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Telangana State Coop Apex Bank THE WARANGAL DISTRICT CO OPERATIVE CENTRAL BANK LTD, PARKAL (IFSC TSAB0021016)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC TSAB0021016 in your mobile or internet banking app, and the money is credited to the THE WARANGAL DISTRICT CO OPERATIVE CENTRAL BANK LTD, PARKAL branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC TSAB0021016 for Telangana State Coop Apex Bank – THE WARANGAL DISTRICT CO OPERATIVE CENTRAL BANK LTD, PARKAL, 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 – TSAB0021016 | Yes – TSAB0021016 | Yes – TSAB0021016 |
For most retail customers crediting the The Warangal District Co Operative Central Bank Ltd, Parkal 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 TSAB0021016
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 State Coop Apex Bank – THE WARANGAL DISTRICT CO OPERATIVE CENTRAL BANK LTD, PARKAL is still mapped to IFSC TSAB0021016. 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 TSAB0021016 and the beneficiary's account number to complete the transfer.
Online banking and IFSC TSAB0021016
Telangana State Coop Apex Bank customers can register for net banking and the bank's official mobile app once their account at the THE WARANGAL DISTRICT CO OPERATIVE CENTRAL BANK LTD, PARKAL 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 TSAB0021016 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.
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 TSAB0021016 and the account number together uniquely identify the The Warangal District Co Operative Central Bank Ltd, Parkal 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 State Coop Apex Bank – THE WARANGAL DISTRICT CO OPERATIVE CENTRAL BANK LTD, PARKAL:
- The IFSC is exactly TSAB0021016 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Telangana State Coop Apex Bank as the bank name and THE WARANGAL DISTRICT CO OPERATIVE CENTRAL BANK LTD, PARKAL 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.
Reaching the branch
The The Warangal District Co Operative Central Bank Ltd, Parkal branch sits at POSTPARKAL,MDLPARKAL. If you are travelling from outside Parkal, search for the branch on a maps application using the bank name and locality, or call the branch contact number 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 TSAB0021016 and your account number.
Verifying IFSC TSAB0021016 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 TSAB0021016 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on the branch contact number.
- Visiting the bank's official branch locator page.
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 Warangal District Co Operative Central Bank Ltd, Parkal branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC TSAB0021016, however, work 24x7.
Branch address & contact
Telangana State Coop Apex BankThe Warangal District Co Operative Central Bank Ltd, Parkal Branch
POSTPARKAL,MDLPARKAL
Parkal, Telangana
Phone: the branch contact number
IFSC: TSAB0021016
Frequently asked questions
Can I use IFSC TSAB0021016 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC TSAB0021016 to send funds instantly.
Where is Telangana State Coop Apex Bank The Warangal District Co Operative Central Bank Ltd, Parkal branch located?
Telangana State Coop Apex Bank's The Warangal District Co Operative Central Bank Ltd, Parkal branch is located at POSTPARKAL,MDLPARKAL, Parkal, Telangana.
Does Telangana State Coop Apex Bank The Warangal District Co Operative Central Bank Ltd, Parkal branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
Is IFSC TSAB0021016 valid for NEFT and RTGS?
Yes. IFSC TSAB0021016 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Telangana State Coop Apex Bank The Warangal District Co Operative Central Bank Ltd, Parkal as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC TSAB0021016, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of Telangana State Coop Apex Bank The Warangal District Co Operative Central Bank Ltd, Parkal branch?
The IFSC code of Telangana State Coop Apex Bank, The Warangal District Co Operative Central Bank Ltd, Parkal branch is TSAB0021016. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the phone number of Telangana State Coop Apex Bank The Warangal District Co Operative Central Bank Ltd, Parkal branch?
You can reach the branch at the branch contact number during regular banking hours.
Is IFSC TSAB0021016 the same for all accounts at The Warangal District Co Operative Central Bank Ltd, Parkal branch?
Yes. The IFSC TSAB0021016 is shared by every account held at Telangana State Coop Apex Bank's The Warangal District Co Operative Central Bank Ltd, Parkal branch. Only the account number changes from customer to customer.
Final notes
To recap: TSAB0021016 is the IFSC code of Telangana State Coop Apex Bank, THE WARANGAL DISTRICT CO OPERATIVE CENTRAL BANK LTD, PARKAL branch, in PARKAL, 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.


