diff --git a/homeassistant/components/telegram_bot/__init__.py b/homeassistant/components/telegram_bot/__init__.py
index 3d56cc7ed33..76677c3813e 100644
--- a/homeassistant/components/telegram_bot/__init__.py
+++ b/homeassistant/components/telegram_bot/__init__.py
@@ -120,6 +120,7 @@ EVENT_TELEGRAM_SENT = "telegram_sent"
 
 PARSER_HTML = "html"
 PARSER_MD = "markdown"
+PARSER_MD2 = "markdownv2"
 
 DEFAULT_TRUSTED_NETWORKS = [ip_network("149.154.160.0/20"), ip_network("91.108.4.0/22")]
 
@@ -474,7 +475,11 @@ class TelegramNotificationService:
         self.allowed_chat_ids = allowed_chat_ids
         self._default_user = self.allowed_chat_ids[0]
         self._last_message_id = {user: None for user in self.allowed_chat_ids}
-        self._parsers = {PARSER_HTML: ParseMode.HTML, PARSER_MD: ParseMode.MARKDOWN}
+        self._parsers = {
+            PARSER_HTML: ParseMode.HTML,
+            PARSER_MD: ParseMode.MARKDOWN,
+            PARSER_MD2: ParseMode.MARKDOWN_V2,
+        }
         self._parse_mode = self._parsers.get(parser)
         self.bot = bot
         self.hass = hass
diff --git a/homeassistant/components/telegram_bot/services.yaml b/homeassistant/components/telegram_bot/services.yaml
index cdb50d55943..94d1eee1b55 100644
--- a/homeassistant/components/telegram_bot/services.yaml
+++ b/homeassistant/components/telegram_bot/services.yaml
@@ -21,7 +21,7 @@ send_message:
           options:
             - "html"
             - "markdown"
-            - "markdown2"
+            - "markdownv2"
     disable_notification:
       selector:
         boolean:
@@ -90,7 +90,7 @@ send_photo:
           options:
             - "html"
             - "markdown"
-            - "markdown2"
+            - "markdownv2"
     disable_notification:
       selector:
         boolean:
@@ -217,7 +217,7 @@ send_animation:
           options:
             - "html"
             - "markdown"
-            - "markdown2"
+            - "markdownv2"
     disable_notification:
       selector:
         boolean:
@@ -280,7 +280,7 @@ send_video:
           options:
             - "html"
             - "markdown"
-            - "markdown2"
+            - "markdownv2"
     disable_notification:
       selector:
         boolean:
@@ -407,7 +407,7 @@ send_document:
           options:
             - "html"
             - "markdown"
-            - "markdown2"
+            - "markdownv2"
     disable_notification:
       selector:
         boolean:
@@ -543,7 +543,7 @@ edit_message:
           options:
             - "html"
             - "markdown"
-            - "markdown2"
+            - "markdownv2"
     disable_web_page_preview:
       selector:
         boolean: