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 Thirumangalam branch in Nagapattinam, Thirumangalam, 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 Nagapattinam or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code DBSS0IN0755. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Development Bank Of Singapore, Thirumangalam, Nagapattinam

Here are some of the key details that come with the IFSC Code DBSS0IN0755 of Development Bank Of Singapore for its branch located in Nagapattinam, within the district of Thirumangalam in the state of Tamil Nadu.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0755
Branch Thirumangalam
City Nagapattinam
District Thirumangalam
State Tamil Nadu
Address Thirumangalam Mayiladuthurai ( Tk ) R.S.No.140/B4 Main Road Thirumangalamthirumangalam609811Tn

These details are essential not only for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Nagapattinam for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0755 for the Thirumangalam branch of Development Bank Of Singapore plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Development Bank Of Singapore located in Thirumangalam, Nagapattinam, Tamil Nadu, is provided a unique IFSC like DBSS0IN0755 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Development Bank Of Singapore branch in Nagapattinam.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Nagapattinam and Thirumangalam.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Thirumangalam do not get misguided to another person.

Format of the IFSC Code DBSS0IN0755

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 Thirumangalam in Nagapattinam.

For example, the IFSC Code DBSS0IN0755 of Development Bank Of Singapore for the Thirumangalam branch includes these elements, identifying the bank and the branch location in Nagapattinam and Tamil Nadu accurately.

How to Find IFSC Code for Development Bank Of Singapore?

If you are trying to find the IFSC Code DBSS0IN0755 of Development Bank Of Singapore for its Thirumangalam 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 Thirumangalam, 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 Thirumangalam or Nagapattinam to get the exact IFSC Code DBSS0IN0755.

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 DBSS0IN0755 for Online Transfers?

Once you have the IFSC Code DBSS0IN0755 for the Thirumangalam 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 DBSS0IN0755. 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 DBSS0IN0755.

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

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Development Bank Of Singapore in Thirumangalam, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Development Bank Of Singapore website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Nagapattinam manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Development Bank Of Singapore in Thirumangalam, Nagapattinam?

The IFSC Code is DBSS0IN0755.

Is the IFSC Code DBSS0IN0755 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 Thirumangalam?

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 Thirumangalam branch?

The address of the branch is Thirumangalam Mayiladuthurai ( Tk ) R.S.No.140/B4 Main Road Thirumangalamthirumangalam609811Tn located in Nagapattinam, Thirumangalam, 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.