The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Development Bank Of Singapore for its Alappuzha branch in Alappuzha, Alappuzha, Kerala, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Development Bank Of Singapore located in Alappuzha or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code DBSS0IN0130. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Development Bank Of Singapore, Alappuzha, Alappuzha

Here are the main details that are associated with the IFSC Code DBSS0IN0130 of Development Bank Of Singapore for its branch located in Alappuzha, within the district of Alappuzha in the state of Kerala.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0130
Branch Alappuzha
City Alappuzha
District Alappuzha
State Kerala
Address G H Junction,No.26/262 -K,City Centre Building,Palace Alappuzhaalappuzha688001Kl

These details are crucial, not just for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Alappuzha for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0130 for the Alappuzha branch of Development Bank Of Singapore has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like DBSS0IN0130 is given to every bank branch, including Development Bank Of Singapore located in Alappuzha, Alappuzha, Kerala, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Development Bank Of Singapore branch in Alappuzha.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Alappuzha and Alappuzha.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Kerala and the rest of India, which is why the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Alappuzha doesn't end up at another location.

Format of the IFSC Code DBSS0IN0130

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 Alappuzha in Alappuzha.

For example, the IFSC Code DBSS0IN0130 of Development Bank Of Singapore for the Alappuzha branch includes these elements, identifying the bank and the branch location in Alappuzha and Kerala accurately.

How to Find IFSC Code for Development Bank Of Singapore?

If you are trying to find the IFSC Code DBSS0IN0130 of Development Bank Of Singapore for its Alappuzha branch located in Alappuzha, the following methods can help:

Cheque Book

The cheque book issued by Development Bank Of Singapore includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Development Bank Of Singapore branches in Alappuzha and Alappuzha, print them on the first page of your passbook.

Bank Website

Visit the official website of Development Bank Of Singapore and navigate to the branch locator section. Search for Alappuzha or Alappuzha to get the exact IFSC Code DBSS0IN0130.

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 keeps an updated list of all IFSC codes. If you search for Development Bank Of Singapore and Alappuzha, you'll get the correct details.

How to Use IFSC Code DBSS0IN0130 for Online Transfers?

Once you have the IFSC Code DBSS0IN0130 for the Alappuzha branch of Development Bank Of Singapore in Alappuzha, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0130. Transfers are processed in batches. This is 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. Requires the recipient's account details and Development Bank Of Singapore IFSC Code DBSS0IN0130.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Development Bank Of Singapore Alappuzha in Alappuzha may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Development Bank Of Singapore in Alappuzha, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Development Bank Of Singapore website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Alappuzha manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Development Bank Of Singapore in Alappuzha, Alappuzha?

The IFSC Code is DBSS0IN0130.

Is the IFSC Code DBSS0IN0130 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Development Bank Of Singapore Alappuzha?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Alappuzha branch?

The address of the branch is G H Junction,No.26/262 -K,City Centre Building,Palace Alappuzhaalappuzha688001Kl located in Alappuzha, Alappuzha, Kerala.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.