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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Development Bank Of Singapore for its Udumalpet branch in Coimbatore, Udumalpet, Tamil Nadu, then this guide will give you detailed information.
The banking system has evolved significantly 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 DBSS0IN0783. 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, Udumalpet, Coimbatore
Below in the table are the key details related to IFSC Code DBSS0IN0783 of Development Bank Of Singapore for its branch located in Coimbatore, within the district of Udumalpet in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0783 |
| Branch | Udumalpet |
| City | Coimbatore |
| District | Udumalpet |
| State | Tamil Nadu |
| Address | Palani Road 100Udumalaipettai(M)642126Tn |
These details are essential not only for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Coimbatore for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0783 for the Udumalpet branch of Development Bank Of Singapore plays 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, including Development Bank Of Singapore located in Udumalpet, Coimbatore, Tamil Nadu, is provided with a unique IFSC like DBSS0IN0783 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Development Bank Of Singapore branch in Coimbatore.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Coimbatore and Udumalpet.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Udumalpet do not get mixed with another location.
Format of the IFSC Code DBSS0IN0783
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 Udumalpet in Coimbatore.
For example, the IFSC Code DBSS0IN0783 of Development Bank Of Singapore for the Udumalpet 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?
If you are looking for the IFSC Code DBSS0IN0783 of Development Bank Of Singapore for its Udumalpet branch located in Coimbatore, the following methods can help:
Cheque Book
The cheque book that is issued by Development Bank Of Singapore includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Development Bank Of Singapore branches in Coimbatore and Udumalpet, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Development Bank Of Singapore and look for the branch locator section, then search for Udumalpet or Coimbatore to get the exact IFSC Code DBSS0IN0783.
Mobile Banking App
If you use Development Bank Of Singapore's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Development Bank Of Singapore and Coimbatore, then it will provide you proper information.
How to Use IFSC Code DBSS0IN0783 for Online Transfers?
Once you have the IFSC Code DBSS0IN0783 for the Udumalpet 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 DBSS0IN0783. 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 DBSS0IN0783.
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 Udumalpet 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 Udumalpet, 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 DBSS0IN0783.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Palani Road 100Udumalaipettai(M)642126Tn located in Coimbatore, Udumalpet, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.