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 Kothapeta Chirala branch in East Godavari, Kothapeta Chirala, or Andhra Pradesh, 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 East Godavari or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code DBSS0IN0389. 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, Kothapeta Chirala, East Godavari
Here are the main details that are associated with the IFSC Code DBSS0IN0389 of Development Bank Of Singapore for its branch located in East Godavari, within the district of Kothapeta Chirala in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0389 |
| Branch | Kothapeta Chirala |
| City | East Godavari |
| District | Kothapeta Chirala |
| State | Andhra Pradesh |
| Address | Kothapeta,Chirala No.9-4,Main Road,Kothapeta,Chirala Kothapeta,Chiralakothapeta,Chirala523157Ap |
These details are essential not only for online banking users but also for businesses and individuals who use Development Bank Of Singapore in East Godavari for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0389 for the Kothapeta Chirala 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 Kothapeta Chirala, East Godavari, Andhra Pradesh, is provided with a unique IFSC like DBSS0IN0389 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 Kothapeta Chirala.
- 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 Kothapeta Chirala do not get mixed with another location.
Format of the IFSC Code DBSS0IN0389
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): Show the bank code. For Development Bank Of Singapore, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kothapeta Chirala in East Godavari.
For example, the IFSC Code DBSS0IN0389 of Development Bank Of Singapore for the Kothapeta Chirala 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?
To find the IFSC Code DBSS0IN0389 of Development Bank Of Singapore for its Kothapeta Chirala branch located in East Godavari, 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 East Godavari and Kothapeta Chirala, 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 Kothapeta Chirala or East Godavari to find the exact IFSC Code DBSS0IN0389.
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 East Godavari will provide accurate information.
How to Use IFSC Code DBSS0IN0389 for Online Transfers?
If you have the IFSC Code DBSS0IN0389 for the Kothapeta Chirala branch of Development Bank Of Singapore in East Godavari, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0389. Transfers are processed in batches. 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. Asks for the recipient's account details and Development Bank Of Singapore IFSC Code DBSS0IN0389.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Development Bank Of Singapore Kothapeta Chirala in East Godavari, it 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 Kothapeta Chirala, 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 East Godavari manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is DBSS0IN0389.
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 Kothapeta,Chirala No.9-4,Main Road,Kothapeta,Chirala Kothapeta,Chiralakothapeta,Chirala523157Ap located in East Godavari, Kothapeta Chirala, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.