For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Development Bank Of Singapore for its Batlagundu branch in Dindigul, Batlagundu, Tamil Nadu, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Development Bank Of Singapore located in Dindigul or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code DBSS0IN0157. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Development Bank Of Singapore, Batlagundu, Dindigul

Below in the table are the key details related to IFSC Code DBSS0IN0157 of Development Bank Of Singapore for its branch located in Dindigul, within the district of Batlagundu in the state of Tamil Nadu.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0157
Branch Batlagundu
City Dindigul
District Batlagundu
State Tamil Nadu
Address Melamandai Street,No.14-13-17/1,Rajamani Servai Building Batlagundubatlagundu ( Tp)624202Tn

These details helps users in online banking and for businesses and individuals who use Development Bank Of Singapore in Dindigul for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0157 for the Batlagundu branch of Development Bank Of Singapore plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like DBSS0IN0157 is given to every bank branch, including Development Bank Of Singapore located in Batlagundu, Dindigul, Tamil Nadu, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Development Bank Of Singapore branch in Dindigul.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Dindigul and Batlagundu.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Batlagundu doesn't end up at another location.

Format of the IFSC Code DBSS0IN0157

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Development Bank Of Singapore, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Batlagundu in Dindigul.

For example, the IFSC Code DBSS0IN0157 of Development Bank Of Singapore for the Batlagundu branch includes these elements, identifying the bank and the branch location in Dindigul and Tamil Nadu accurately.

How to Find IFSC Code for Development Bank Of Singapore?

If you are trying to find the IFSC Code DBSS0IN0157 of Development Bank Of Singapore for its Batlagundu branch located in Dindigul, 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 Dindigul and Batlagundu, 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 Batlagundu or Dindigul to get the exact IFSC Code DBSS0IN0157.

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 Dindigul, you'll get the correct details.

How to Use IFSC Code DBSS0IN0157 for Online Transfers?

Once you have the IFSC Code DBSS0IN0157 for the Batlagundu branch of Development Bank Of Singapore in Dindigul, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0157. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Development Bank Of Singapore IFSC Code DBSS0IN0157.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Development Bank Of Singapore Batlagundu in Dindigul, it can 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 Batlagundu, 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 Dindigul 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 Batlagundu, Dindigul?

The IFSC Code is DBSS0IN0157.

Is the IFSC Code DBSS0IN0157 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 Batlagundu?

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 Batlagundu branch?

The address of the branch is Melamandai Street,No.14-13-17/1,Rajamani Servai Building Batlagundubatlagundu ( Tp)624202Tn located in Dindigul, Batlagundu, 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.