There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Development Bank Of Singapore for its Kancheepuram branch in Kancheepuram, Kanchipuram, Tamil Nadu, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Development Bank Of Singapore situated in Kancheepuram or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code DBSS0IN0358. You should 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, Kancheepuram, Kancheepuram

Here are the main details that are associated with the IFSC Code DBSS0IN0358 of Development Bank Of Singapore for its branch located in Kancheepuram, within the district of Kanchipuram in the state of Tamil Nadu.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0358
Branch Kancheepuram
City Kancheepuram
District Kanchipuram
State Tamil Nadu
Address Gandhi Road Door No.510-511 Kancheepuramkancheepuram ( M)631501Tn

These details are important not only for users using online banking but also for businesses and individuals who use Development Bank Of Singapore in Kancheepuram for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code DBSS0IN0358 for the Kancheepuram branch of Development Bank Of Singapore is vital.

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 Kancheepuram, Kancheepuram, Tamil Nadu, are given a unique IFSC like DBSS0IN0358 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It helps ensure that any money sent to Development Bank Of Singapore in Kancheepuram goes to the correct branch. This is important because Development Bank Of Singapore has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code DBSS0IN0358

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 Kancheepuram in Kancheepuram.

For example, the IFSC Code DBSS0IN0358 of Development Bank Of Singapore for the Kancheepuram branch includes these elements, identifying the bank and the branch location in Kancheepuram and Tamil Nadu accurately.

How to Find IFSC Code for Development Bank Of Singapore?

If you are looking for the IFSC Code DBSS0IN0358 of Development Bank Of Singapore for its Kancheepuram branch located in Kancheepuram, the following methods can help:

Cheque Book

The cheque book that is issued by Development Bank Of Singapore includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Development Bank Of Singapore branches in Kancheepuram and Kanchipuram, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Development Bank Of Singapore and look for the branch locator section, then search for Kancheepuram or Kancheepuram to get the exact IFSC Code DBSS0IN0358.

Mobile Banking App

If you use Development Bank Of Singapore's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Development Bank Of Singapore and Kancheepuram, then it will provide you proper information.

How to Use IFSC Code DBSS0IN0358 for Online Transfers?

Once you have the IFSC Code DBSS0IN0358 for the Kancheepuram branch of Development Bank Of Singapore in Kancheepuram, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code DBSS0IN0358. The transfer is completed in batches instead of instantly. It is useful for both 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 DBSS0IN0358.

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 Kancheepuram in Kancheepuram, your payment can get delayed or might not go through at all.

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 Kancheepuram, 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 Kancheepuram 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 Kancheepuram Kancheepuram?

The IFSC Code of the Kancheepuram Kancheepuram branch is DBSS0IN0358.

Is IFSC Code DBSS0IN0358 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Development Bank Of Singapore Kancheepuram branch?

The branch is located at Gandhi Road Door No.510-511 Kancheepuramkancheepuram ( M)631501Tn.

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.