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IFSC Code of Development Bank Of Singapore, Madras-Cathedral Road, Chennai, Tamil Nadu — DBSS0IN0434

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 Madras-Cathedral Road branch in Chennai, Chennai, or Tamil Nadu, 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 Chennai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code DBSS0IN0434. 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, Madras-Cathedral Road, Chennai

The table below shows the main details of the IFSC Code DBSS0IN0434 for the Development Bank Of Singapore branch in Chennai, which falls under the Chennai district in Tamil Nadu.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0434
Branch Madras-Cathedral Road
City Chennai
District Chennai
State Tamil Nadu
Address Cathedral Road No.62,Chennaichennai ( M Corp.)600086Tn

These details are crucial, not just for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Chennai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0434 for the Madras-Cathedral Road 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 provided by the Reserve Bank of India. Every bank branch, along with Development Bank Of Singapore located in Madras-Cathedral Road, Chennai, Tamil Nadu, are given a unique IFSC like DBSS0IN0434 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 any kind of 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 helps ensure that any money sent to Development Bank Of Singapore in Madras-Cathedral Road goes to the correct branch. This is important because Development Bank Of Singapore has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code DBSS0IN0434

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Development Bank Of Singapore, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Madras-Cathedral Road in Chennai.

For example, the IFSC Code DBSS0IN0434 of Development Bank Of Singapore for the Madras-Cathedral Road branch has these elements, identifying the bank and the branch location in Chennai and Tamil Nadu correctly.

How to Find IFSC Code for Development Bank Of Singapore?

If you are trying to find the IFSC Code DBSS0IN0434 of Development Bank Of Singapore for its Madras-Cathedral Road branch located in Chennai, 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 Chennai and Chennai, 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 Madras-Cathedral Road or Chennai to get the exact IFSC Code DBSS0IN0434.

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 Chennai, you'll get the correct details.

How to Use IFSC Code DBSS0IN0434 for Online Transfers?

Once you have the IFSC Code DBSS0IN0434 for the Madras-Cathedral Road 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 DBSS0IN0434. 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 DBSS0IN0434.

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 Madras-Cathedral Road 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 Madras-Cathedral Road, 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 Chennai 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 Madras-Cathedral Road, Chennai?

The IFSC Code is DBSS0IN0434.

Is the IFSC Code DBSS0IN0434 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Development Bank Of Singapore Madras-Cathedral Road?

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

What is the full address of the Madras-Cathedral Road branch?

The address of the branch is Cathedral Road No.62,Chennaichennai ( M Corp.)600086Tn 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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