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 Mangarai branch in Dharmapuri, Pennagaram, 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 Dharmapuri or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code DBSS0IN0472. 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, Mangarai, Dharmapuri
Below in the table are the key details related to IFSC Code DBSS0IN0472 of Development Bank Of Singapore for its branch located in Dharmapuri, within the district of Pennagaram in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0472 |
| Branch | Mangarai |
| City | Dharmapuri |
| District | Pennagaram |
| State | Tamil Nadu |
| Address | Mangarai ( Village& Po),No.4/322,Pennagaram ( Tk)Peyalmari636810Tn |
These details are crucial, not just for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Dharmapuri for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0472 for the Mangarai 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, including Development Bank Of Singapore located in Mangarai, Dharmapuri, Tamil Nadu, is provided with a unique IFSC like DBSS0IN0472 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 Dharmapuri.
- 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 Dharmapuri and Pennagaram.
- 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 Mangarai do not get mixed with another location.
Format of the IFSC Code DBSS0IN0472
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 Mangarai in Dharmapuri.
For example, the IFSC Code DBSS0IN0472 of Development Bank Of Singapore for the Mangarai branch includes these elements, identifying the bank and the branch location in Dharmapuri and Tamil Nadu accurately.
How to Find IFSC Code for Development Bank Of Singapore?
If you are trying to find the IFSC Code DBSS0IN0472 of Development Bank Of Singapore for its Mangarai branch located in Dharmapuri, 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 Dharmapuri and Pennagaram, 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 Mangarai or Dharmapuri to get the exact IFSC Code DBSS0IN0472.
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 Dharmapuri, you'll get the correct details.
How to Use IFSC Code DBSS0IN0472 for Online Transfers?
Once you have the IFSC Code DBSS0IN0472 for the Mangarai branch of Development Bank Of Singapore in Dharmapuri, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0472. 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 DBSS0IN0472.
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 Mangarai in Dharmapuri may result in delayed or failed transactions.
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 Mangarai, 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 Dharmapuri to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is DBSS0IN0472.
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 Mangarai ( Village& Po),No.4/322,Pennagaram ( Tk)Peyalmari636810Tn located in Dharmapuri, Pennagaram, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.