We report on the laser emission of the polycrystalline ceramic obtained from the full and congruent crystallization of the parent glass 1Nd3+:75TeO2-12.5Bi2O3-12.5Nb2O5 composition. In particular, the current work underlines the importance of carefully controlling the heat treatment in order to solely crystallize the Bi0.8Nb0.8Te2.4O8 cubic phase and consequently avoid the formation of the BiNbTe2O8 orthorhombic phase that would be detrimental for optical purpose. The structure, microstructure and photoluminescence properties of the resulting transparent tellurite ceramics are characterized. The continuous-wave and gain-switching laser performances reveal that the emission remains perfectly single transversal mode in the range of pump powers explored. The maximum output power achieved was ~28.5 mW, for a pump power threshold of ~67 mW, and with associated efficiency and slope efficiency of ~22.5% and ~50%, respectively. These data definitely stand among the best results obtained so far for bulk laser tellurite materials and thus demonstrate the potential of such polycrystalline transparent ceramics as optically active materials. Finally, the laser emission characteristics in pulsed regime, at low and high repetition rates, are also provided: more than 6.5 W of peak power at a repetition rate of 728 kHz can be obtained.