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 Sikkal branch in Nagapattinam, Sikkal, 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 Nagapattinam or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code DBSS0IN0658. 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, Sikkal, Nagapattinam

Here are the main details that are associated with the IFSC Code DBSS0IN0658 of Development Bank Of Singapore for its branch located in Nagapattinam, within the district of Sikkal in the state of Tamil Nadu.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0658
Branch Sikkal
City Nagapattinam
District Sikkal
State Tamil Nadu
Address 3/50, North Street,, 611108

These details are important not only for users using online banking but also for businesses and individuals who use Development Bank Of Singapore in Nagapattinam for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code DBSS0IN0658 for the Sikkal 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 Sikkal, Nagapattinam, Tamil Nadu, are allotted a unique IFSC like DBSS0IN0658 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Nagapattinam.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Nagapattinam and Sikkal.
  • 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 Sikkal reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.

Format of the IFSC Code DBSS0IN0658

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 Sikkal in Nagapattinam.

For example, the IFSC Code DBSS0IN0658 of Development Bank Of Singapore for the Sikkal branch includes these elements, identifying the bank and the branch location in Nagapattinam and Tamil Nadu correctly.

How to Find IFSC Code for Development Bank Of Singapore?

If you are trying to find the IFSC Code DBSS0IN0658 of Development Bank Of Singapore for its Sikkal branch located in Nagapattinam, the following methods can help:

Cheque Book

The cheque books that are issued by Development Bank Of Singapore include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Development Bank Of Singapore and find the branch locator section. Search for Sikkal or Nagapattinam to get the exact IFSC Code DBSS0IN0658.

Mobile Banking App

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

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Development Bank Of Singapore and Nagapattinam that will provide accurate information.

How to Use IFSC Code DBSS0IN0658 for Online Transfers?

Once you have the IFSC Code DBSS0IN0658 for the Sikkal branch of Development Bank Of Singapore in Nagapattinam, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code DBSS0IN0658. 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 DBSS0IN0658.

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

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Development Bank Of Singapore in Sikkal, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Nagapattinam manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Development Bank Of Singapore Sikkal Nagapattinam?

The IFSC Code of the Sikkal Nagapattinam branch is DBSS0IN0658.

Is IFSC Code DBSS0IN0658 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 Sikkal branch?

The branch is located at 3/50, North Street,, 611108.

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.