The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Development Bank Of Singapore for its Kakinada branch in East Godavari, Kakinada, Andhra Pradesh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Development Bank Of Singapore located in East Godavari or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code DBSS0IN0375. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Development Bank Of Singapore, Kakinada, East Godavari

Below in the table are the key details related to IFSC Code DBSS0IN0375 of Development Bank Of Singapore for its branch located in East Godavari, within the district of Kakinada in the state of Andhra Pradesh.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0375
Branch Kakinada
City East Godavari
District Kakinada
State Andhra Pradesh
Address No. 27-9-58,, Pulavarthi Street, 533001

These details are crucial, not just for online banking users but also for businesses and individuals who use Development Bank Of Singapore in East Godavari for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0375 for the Kakinada 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 Kakinada, East Godavari, Andhra Pradesh, is provided with a unique IFSC like DBSS0IN0375 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 East Godavari.
  • 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 East Godavari and Kakinada.
  • 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 Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Kakinada do not get mixed with another location.

Format of the IFSC Code DBSS0IN0375

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 Kakinada in East Godavari.

For example, the IFSC Code DBSS0IN0375 of Development Bank Of Singapore for the Kakinada branch includes these elements, identifying the bank and the branch location in East Godavari and Andhra Pradesh accurately.

How to Find IFSC Code for Development Bank Of Singapore?

If you are trying to find the IFSC Code DBSS0IN0375 of Development Bank Of Singapore for its Kakinada branch located in East Godavari, the following methods can help:

Cheque Book

The cheque books that are issued by Development Bank Of Singapore include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Development Bank Of Singapore branches in East Godavari and Kakinada, 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 find the branch locator section. Search for Kakinada or East Godavari to get the exact IFSC Code DBSS0IN0375.

Mobile Banking App

If you use Development Bank Of Singapore's mobile app, you can easily 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 to help you in searching for Development Bank Of Singapore and East Godavari that will provide accurate information.

How to Use IFSC Code DBSS0IN0375 for Online Transfers?

Once you have the IFSC Code DBSS0IN0375 for the Kakinada branch of Development Bank Of Singapore in East Godavari, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code DBSS0IN0375. 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 DBSS0IN0375.

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 Kakinada in East Godavari, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Development Bank Of Singapore in Kakinada, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in East Godavari manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Development Bank Of Singapore in Kakinada, East Godavari?

The IFSC Code is DBSS0IN0375.

Is the IFSC Code DBSS0IN0375 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Development Bank Of Singapore Kakinada?

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

What is the full address of the Kakinada branch?

The address of the branch is No. 27-9-58,, Pulavarthi Street, 533001 located in East Godavari, Kakinada, Andhra Pradesh.

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.