There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Dbs Bank India Limited for its Atevelle branch in Medchal, Athvelly, Telangana, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Dbs Bank India Limited situated in Medchal or anywhere in Telangana can easily transfer funds instantly by using the correct IFSC Code DBSS0IN0140. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Dbs Bank India Limited, Atevelle, Medchal
Here are the main details that are associated with the IFSC Code DBSS0IN0140 of Dbs Bank India Limited for its branch located in Medchal, within the district of Athvelly in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Dbs Bank India Limited |
| IFSC Code | DBSS0IN0140 |
| Branch | Atevelle |
| City | Medchal |
| District | Athvelly |
| State | Telangana |
| Address | Atevelle,H.No.3-72/A,Opp K.S.Deewan Function Hall Atevellemedchal Mandal501401Ts |
These details helps users in online banking and for businesses and individuals who use Dbs Bank India Limited in Medchal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0140 for the Atevelle branch of Dbs Bank India Limited plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Dbs Bank India Limited located in Atevelle, Medchal, Telangana, are given a unique IFSC like DBSS0IN0140 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Medchal.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Medchal and Athvelly.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Dbs Bank India Limited in Atevelle goes to the correct branch. This is important because Dbs Bank India Limited has thousands of branches in Telangana and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code DBSS0IN0140
This is the format of the IFSC Code for banks, including Dbs Bank India Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Dbs Bank India Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Atevelle in Medchal.
For example, the IFSC Code DBSS0IN0140 of Dbs Bank India Limited for the Atevelle branch includes these elements, identifying the bank and the branch location in Medchal and Telangana accurately.
How to Find IFSC Code for Dbs Bank India Limited?
To find the IFSC Code DBSS0IN0140 of Dbs Bank India Limited for its Atevelle branch located in Medchal, the following methods can help you out:
Cheque Book
The cheque book issued by Dbs Bank India Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Dbs Bank India Limited branches in Medchal and Athvelly, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Dbs Bank India Limited and go to the branch locator section. Then search for Atevelle or Medchal to find the exact IFSC Code DBSS0IN0140.
Mobile Banking App
If you use Dbs Bank India Limited's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Dbs Bank India Limited and Medchal will provide accurate information.
How to Use IFSC Code DBSS0IN0140 for Online Transfers?
Once you have the IFSC Code DBSS0IN0140 for the Atevelle branch of Dbs Bank India Limited in Medchal, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code DBSS0IN0140. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Dbs Bank India Limited IFSC Code DBSS0IN0140.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Dbs Bank India Limited Atevelle in Medchal, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Dbs Bank India Limited in Atevelle, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Dbs Bank India Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Medchal to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is DBSS0IN0140.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Atevelle,H.No.3-72/A,Opp K.S.Deewan Function Hall Atevellemedchal Mandal501401Ts located in Medchal, Athvelly, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.