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 Kozhikode Calicut branch in Kozhikode, Calicut, Kerala, 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 Kozhikode or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code DBSS0IN0181. 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, Kozhikode Calicut, Kozhikode

Below in the table are the key details related to IFSC Code DBSS0IN0181 of Development Bank Of Singapore for its branch located in Kozhikode, within the district of Calicut in the state of Kerala.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0181
Branch Kozhikode Calicut
City Kozhikode
District Calicut
State Kerala
Address Cherooty Road Door No.9/622-A Calicutkozhikode ( Calicut)673001Kl

These details helps users in online banking and for businesses and individuals who use Development Bank Of Singapore in Kozhikode for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0181 for the Kozhikode Calicut branch of Development Bank Of Singapore plays a vital 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 Kozhikode Calicut, Kozhikode, Kerala, is provided with a unique IFSC like DBSS0IN0181 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 Kozhikode.
  • 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 Kozhikode and Calicut.
  • 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 Kerala and the rest of India and the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Kozhikode Calicut do not get mixed with another location.

Format of the IFSC Code DBSS0IN0181

The format of the IFSC Code for banks, including Development Bank Of Singapore, has 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 Kozhikode Calicut in Kozhikode.

For example, the IFSC Code DBSS0IN0181 of Development Bank Of Singapore for the Kozhikode Calicut branch includes these elements, identifying the bank and the branch location in Kozhikode and Kerala correctly.

How to Find IFSC Code for Development Bank Of Singapore?

If you are looking for the IFSC Code DBSS0IN0181 of Development Bank Of Singapore for its Kozhikode Calicut branch located in Kozhikode, 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 Kozhikode and Calicut, 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 Kozhikode Calicut or Kozhikode to get the exact IFSC Code DBSS0IN0181.

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 Kozhikode, then it will provide you proper information.

How to Use IFSC Code DBSS0IN0181 for Online Transfers?

Once you have the IFSC Code DBSS0IN0181 for the Kozhikode Calicut branch of Development Bank Of Singapore in Kozhikode, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code DBSS0IN0181. 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 DBSS0IN0181.

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 Kozhikode Calicut in Kozhikode, 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 Kozhikode Calicut, 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 Kozhikode 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 Kozhikode Calicut, Kozhikode?

The IFSC Code is DBSS0IN0181.

Is the IFSC Code DBSS0IN0181 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Kozhikode Calicut branch?

The address of the branch is Cherooty Road Door No.9/622-A Calicutkozhikode ( Calicut)673001Kl located in Kozhikode, Calicut, Kerala.

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.