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IFSC Code of Development Bank Of Singapore, Jegadabi, Karur, Tamil Nadu — DBSS0IN0340

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 Jegadabi branch in Karur, Karur, 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 Karur or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code DBSS0IN0340. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Development Bank Of Singapore, Jegadabi, Karur

Here are the key points that are associated with the IFSC Code DBSS0IN0340 of Development Bank Of Singapore for its branch located in Karur, within the district of Karur in the state of Tamil Nadu.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0340
Branch Jegadabi
City Karur
District Karur
State Tamil Nadu
Address Jegadabi Door No.4/45,Manaparai Main Road,Jegadabijegadabi639118Tn

These details help users in online banking and for businesses and individuals who use Development Bank Of Singapore in Karur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0340 for the Jegadabi branch of Development Bank Of Singapore has a very 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 Jegadabi, Karur, Tamil Nadu, is provided with a unique IFSC like DBSS0IN0340 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 Karur.
  • 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 Karur and Karur.
  • 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 Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Jegadabi do not get mixed with another location.

Format of the IFSC Code DBSS0IN0340

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 Jegadabi in Karur.

For example, the IFSC Code DBSS0IN0340 of Development Bank Of Singapore for the Jegadabi branch includes these elements, identifying the bank and the branch location in Karur and Tamil Nadu accurately.

How to Find IFSC Code for Development Bank Of Singapore?

If you are trying to find the IFSC Code DBSS0IN0340 of Development Bank Of Singapore for its Jegadabi branch located in Karur, 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 Karur and Karur, 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 Jegadabi or Karur to get the exact IFSC Code DBSS0IN0340.

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 Karur, you'll get the correct details.

How to Use IFSC Code DBSS0IN0340 for Online Transfers?

Once you have the IFSC Code DBSS0IN0340 for the Jegadabi branch of Development Bank Of Singapore in Karur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0340. Transfers are processed in batches. This is 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. Requires the recipient's account details and Development Bank Of Singapore IFSC Code DBSS0IN0340.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Development Bank Of Singapore Jegadabi in Karur 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 Jegadabi, 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 Karur 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 Jegadabi, Karur?

The IFSC Code is DBSS0IN0340.

Is the IFSC Code DBSS0IN0340 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 Jegadabi?

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 Jegadabi branch?

The address of the branch is Jegadabi Door No.4/45,Manaparai Main Road,Jegadabijegadabi639118Tn located in Karur, Karur, 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.

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