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 Piduguralla branch in Guntur, Piduguralla, 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 Guntur or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code DBSS0IN0568. 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, Piduguralla, Guntur

Here are the main details that are associated with the IFSC Code DBSS0IN0568 of Development Bank Of Singapore for its branch located in Guntur, within the district of Piduguralla in the state of Andhra Pradesh.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0568
Branch Piduguralla
City Guntur
District Piduguralla
State Andhra Pradesh
Address Main Road D.No.7-406/2,Beside Abhaya Hospital Pidugurallapiduguralla522413Ap

These details are essential not only for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Guntur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0568 for the Piduguralla 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, along with Development Bank Of Singapore located in Piduguralla, Guntur, Andhra Pradesh, are allotted a unique IFSC like DBSS0IN0568 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Guntur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Guntur and Piduguralla.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Development Bank Of Singapore in Piduguralla reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.

Format of the IFSC Code DBSS0IN0568

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 Piduguralla in Guntur.

For example, the IFSC Code DBSS0IN0568 of Development Bank Of Singapore for the Piduguralla branch includes these elements, identifying the bank and the branch location in Guntur and Andhra Pradesh accurately.

How to Find IFSC Code for Development Bank Of Singapore?

If you are trying to find the IFSC Code DBSS0IN0568 of Development Bank Of Singapore for its Piduguralla branch located in Guntur, 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

Most banks, including Development Bank Of Singapore branches in Guntur and Piduguralla, print the IFSC and MICR codes 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 Piduguralla or Guntur to get the exact IFSC Code DBSS0IN0568.

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 Guntur, you'll get the correct details.

How to Use IFSC Code DBSS0IN0568 for Online Transfers?

If you have the IFSC Code DBSS0IN0568 for the Piduguralla branch of Development Bank Of Singapore in Guntur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0568. 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 DBSS0IN0568.

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 Piduguralla in Guntur, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Development Bank Of Singapore in Piduguralla, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Development Bank Of Singapore website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Guntur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Development Bank Of Singapore in Piduguralla, Guntur?

The IFSC Code is DBSS0IN0568.

Is the IFSC Code DBSS0IN0568 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 Piduguralla?

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 Piduguralla branch?

The address of the branch is Main Road D.No.7-406/2,Beside Abhaya Hospital Pidugurallapiduguralla522413Ap located in Guntur, Piduguralla, 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.