Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Development Bank Of Singapore for its Adilabad branch in Adilabad, Adilabad, or Andhra Pradesh, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Development Bank Of Singapore located in Adilabad or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code DBSS0IN0117. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Development Bank Of Singapore, Adilabad, Adilabad
Below in the table are the key details related to IFSC Code DBSS0IN0117 of Development Bank Of Singapore for its branch located in Adilabad, within the district of Adilabad in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0117 |
| Branch | Adilabad |
| City | Adilabad |
| District | Adilabad |
| State | Andhra Pradesh |
| Address | 3-2-29/25,B,C& D,National Highway 3-2-29/25 Adilabadadilabad504001Ts |
These details are important not only for users using online banking but also for businesses and individuals who use Development Bank Of Singapore in Adilabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code DBSS0IN0117 for the Adilabad branch of Development Bank Of Singapore is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Development Bank Of Singapore located in Adilabad, Adilabad, Andhra Pradesh, is provided a unique IFSC like DBSS0IN0117 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Development Bank Of Singapore branch in Adilabad.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Adilabad and Adilabad.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Adilabad do not get misguided to another person.
Format of the IFSC Code DBSS0IN0117
This is the format of the IFSC Code for banks, including Development Bank Of Singapore, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Development Bank Of Singapore, 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 Adilabad in Adilabad.
For example, the IFSC Code DBSS0IN0117 of Development Bank Of Singapore for the Adilabad branch includes these elements, identifying the bank and the branch location in Adilabad and Andhra Pradesh accurately.
How to Find IFSC Code for Development Bank Of Singapore?
To find the IFSC Code DBSS0IN0117 of Development Bank Of Singapore for its Adilabad branch located in Adilabad, the following methods can help you out:
Cheque Book
The cheque book issued by Development Bank Of Singapore includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Development Bank Of Singapore branches in Adilabad and Adilabad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Development Bank Of Singapore and go to the branch locator section. Then search for Adilabad or Adilabad to find the exact IFSC Code DBSS0IN0117.
Mobile Banking App
If you use Development Bank Of Singapore'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 Development Bank Of Singapore and Adilabad will provide accurate information.
How to Use IFSC Code DBSS0IN0117 for Online Transfers?
If you have the IFSC Code DBSS0IN0117 for the Adilabad branch of Development Bank Of Singapore in Adilabad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0117. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and Development Bank Of Singapore IFSC Code DBSS0IN0117.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Development Bank Of Singapore Adilabad in Adilabad, it may result in delayed or failed transactions.
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 Development Bank Of Singapore in Adilabad, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Development Bank Of Singapore website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Adilabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Adilabad Adilabad branch is DBSS0IN0117.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at 3-2-29/25,B,C& D,National Highway 3-2-29/25 Adilabadadilabad504001Ts.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.