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 Coimbatore-R.S.Puram branch in Coimbatore, Coimbatore, 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 Coimbatore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code DBSS0IN0190. 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, Coimbatore-R.S.Puram, Coimbatore
Here are the main details that are associated with the IFSC Code DBSS0IN0190 of Development Bank Of Singapore for its branch located in Coimbatore, within the district of Coimbatore in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0190 |
| Branch | Coimbatore-R.S.Puram |
| City | Coimbatore |
| District | Coimbatore |
| State | Tamil Nadu |
| Address | Coimbatore-641002 121,Thiruvenkataswamy Road(West),R.S.Puram,Coimbatore ( M Corp.)641002Tn |
These details help users in online banking and for businesses and individuals who use Development Bank Of Singapore in Coimbatore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0190 for the Coimbatore-R.S.Puram 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Development Bank Of Singapore located in Coimbatore-R.S.Puram, Coimbatore, Tamil Nadu, is provided a unique IFSC like DBSS0IN0190 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 Coimbatore.
- 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 Coimbatore and Coimbatore.
- 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 Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Coimbatore-R.S.Puram do not get misguided to another person.
Format of the IFSC Code DBSS0IN0190
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 Coimbatore-R.S.Puram in Coimbatore.
For example, the IFSC Code DBSS0IN0190 of Development Bank Of Singapore for the Coimbatore-R.S.Puram branch has these elements, identifying the bank and the branch location in Coimbatore and Tamil Nadu correctly.
How to Find IFSC Code for Development Bank Of Singapore?
To find the IFSC Code DBSS0IN0190 of Development Bank Of Singapore for its Coimbatore-R.S.Puram branch located in Coimbatore, 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 Coimbatore and Coimbatore, 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 Coimbatore-R.S.Puram or Coimbatore to find the exact IFSC Code DBSS0IN0190.
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 Coimbatore will provide accurate information.
How to Use IFSC Code DBSS0IN0190 for Online Transfers?
Once you have the IFSC Code DBSS0IN0190 for the Coimbatore-R.S.Puram branch of Development Bank Of Singapore in Coimbatore, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code DBSS0IN0190. 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 Development Bank Of Singapore IFSC Code DBSS0IN0190.
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 Coimbatore-R.S.Puram in Coimbatore, 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 Coimbatore-R.S.Puram, 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 Coimbatore manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is DBSS0IN0190.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Coimbatore-641002 121,Thiruvenkataswamy Road(West),R.S.Puram,Coimbatore ( M Corp.)641002Tn located in Coimbatore, Coimbatore, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.