The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Development Bank Of Singapore for its Villapuram Madurai branch in Madurai, Madurai, Tamil Nadu, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Development Bank Of Singapore located in Madurai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code DBSS0IN0813. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Development Bank Of Singapore, Villapuram Madurai, Madurai
Below in the table are the key details related to IFSC Code DBSS0IN0813 of Development Bank Of Singapore for its branch located in Madurai, within the district of Madurai in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0813 |
| Branch | Villapuram Madurai |
| City | Madurai |
| District | Madurai |
| State | Tamil Nadu |
| Address | Opp Reliance Fresh,Villapuram Door No.248 A,Aruppukottai Main Road,Villapurammadurai ( M Corp.)625012Tn |
These details helps users in online banking and for businesses and individuals who use Development Bank Of Singapore in Madurai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0813 for the Villapuram Madurai 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, along with Development Bank Of Singapore located in Villapuram Madurai, Madurai, Tamil Nadu, are allotted a unique IFSC like DBSS0IN0813 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Madurai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Madurai and Madurai.
- 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 Villapuram Madurai reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.
Format of the IFSC Code DBSS0IN0813
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 Villapuram Madurai in Madurai.
For example, the IFSC Code DBSS0IN0813 of Development Bank Of Singapore for the Villapuram Madurai branch includes these elements, identifying the bank and the branch location in Madurai and Tamil Nadu accurately.
How to Find IFSC Code for Development Bank Of Singapore?
If you are looking for the IFSC Code DBSS0IN0813 of Development Bank Of Singapore for its Villapuram Madurai branch located in Madurai, 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 Madurai and Madurai, 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 Villapuram Madurai or Madurai to get the exact IFSC Code DBSS0IN0813.
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 Madurai, then it will provide you proper information.
How to Use IFSC Code DBSS0IN0813 for Online Transfers?
Once you have the IFSC Code DBSS0IN0813 for the Villapuram Madurai branch of Development Bank Of Singapore in Madurai, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code DBSS0IN0813. 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 DBSS0IN0813.
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 Villapuram Madurai in Madurai, 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 Villapuram Madurai, 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 Madurai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Villapuram Madurai Madurai branch is DBSS0IN0813.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Opp Reliance Fresh,Villapuram Door No.248 A,Aruppukottai Main Road,Villapurammadurai ( M Corp.)625012Tn.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.