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IFSC Code of Development Bank Of Singapore, Chennai - Kodambakkam, Chennai, Tamil Nadu — DBSS0IN0428

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 Development Bank Of Singapore for its Chennai - Kodambakkam branch in Chennai, Chennai, Tamil Nadu, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Development Bank Of Singapore situated in Chennai or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code DBSS0IN0428. You should 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, Chennai - Kodambakkam, Chennai

Below in the table are the key details related to IFSC Code DBSS0IN0428 of Development Bank Of Singapore for its branch located in Chennai, within the district of Chennai in the state of Tamil Nadu.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0428
Branch Chennai - Kodambakkam
City Chennai
District Chennai
State Tamil Nadu
Address First Floor 323,Arcot Road Chennaichennai ( M Corp.)600024Tn

These details help users in online banking and for businesses and individuals who use Development Bank Of Singapore in Chennai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0428 for the Chennai - Kodambakkam branch of Development Bank Of Singapore has a very important 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 Development Bank Of Singapore located in Chennai - Kodambakkam, Chennai, Tamil Nadu, are allotted a unique IFSC like DBSS0IN0428 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Chennai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Chennai and Chennai.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Development Bank Of Singapore in Chennai - Kodambakkam reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.

Format of the IFSC Code DBSS0IN0428

The format of the IFSC Code for banks, including Development Bank Of Singapore, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Development Bank Of Singapore, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Chennai - Kodambakkam in Chennai.

For example, the IFSC Code DBSS0IN0428 of Development Bank Of Singapore for the Chennai - Kodambakkam branch includes these elements, identifying the bank and the branch location in Chennai and Tamil Nadu accurately.

How to Find IFSC Code for Development Bank Of Singapore?

If you are trying to find the IFSC Code DBSS0IN0428 of Development Bank Of Singapore for its Chennai - Kodambakkam branch located in Chennai, the following methods can help:

Cheque Book

The cheque books that are issued by Development Bank Of Singapore include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Development Bank Of Singapore branches in Chennai and Chennai, 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 find the branch locator section. Search for Chennai - Kodambakkam or Chennai to get the exact IFSC Code DBSS0IN0428.

Mobile Banking App

If you use Development Bank Of Singapore's mobile app, you can easily 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 to help you in searching for Development Bank Of Singapore and Chennai that will provide accurate information.

How to Use IFSC Code DBSS0IN0428 for Online Transfers?

Once you have the IFSC Code DBSS0IN0428 for the Chennai - Kodambakkam branch of Development Bank Of Singapore in Chennai, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code DBSS0IN0428. The transfer is completed in batches instead of instantly. It is useful for both 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 DBSS0IN0428.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Development Bank Of Singapore Chennai - Kodambakkam in Chennai, 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 Development Bank Of Singapore in Chennai - Kodambakkam, 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 Development Bank Of Singapore website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Chennai to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Development Bank Of Singapore in Chennai - Kodambakkam, Chennai?

The IFSC Code is DBSS0IN0428.

Is the IFSC Code DBSS0IN0428 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Development Bank Of Singapore Chennai - Kodambakkam?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Chennai - Kodambakkam branch?

The address of the branch is First Floor 323,Arcot Road Chennaichennai ( M Corp.)600024Tn located in Chennai, Chennai, Tamil Nadu.

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.

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