Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Development Bank Of Singapore for its Lawspet Py branch in Py, Py, Puducherry, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Development Bank Of Singapore located in Py or anywhere in Puducherry can transfer funds instantly by using the correct IFSC Code DBSS0IN0410. You should definitely 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, Lawspet Py, Py
The table below shows the main details of the IFSC Code DBSS0IN0410 for the Development Bank Of Singapore branch in Py, which falls under the Py district in Puducherry.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0410 |
| Branch | Lawspet Py |
| City | Py |
| District | Py |
| State | Puducherry |
| Address | Near Parvathy Thirumana Nilayam,No.198,Lawspet Main Road,Lawspet,Pypy ( M)605008Py |
These details are essential not only for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Py for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0410 for the Lawspet Py 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Development Bank Of Singapore located in Lawspet Py, Py, Puducherry, is provided with a unique IFSC like DBSS0IN0410 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 Py.
- 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 Py and Py.
- 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 Puducherry and the rest of India and the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Lawspet Py do not get mixed with another location.
Format of the IFSC Code DBSS0IN0410
The format of the IFSC Code for banks, including Development Bank Of Singapore, follows 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 Lawspet Py in Py.
For example, the IFSC Code DBSS0IN0410 of Development Bank Of Singapore for the Lawspet Py branch includes these elements, identifying the bank and the branch location in Py and Puducherry accurately.
How to Find IFSC Code for Development Bank Of Singapore?
If you are trying to find the IFSC Code DBSS0IN0410 of Development Bank Of Singapore for its Lawspet Py branch located in Py, 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 Py and Py, 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 Lawspet Py or Py to get the exact IFSC Code DBSS0IN0410.
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 Py, you'll get the correct details.
How to Use IFSC Code DBSS0IN0410 for Online Transfers?
Once you have the IFSC Code DBSS0IN0410 for the Lawspet Py branch of Development Bank Of Singapore in Py, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0410. 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 DBSS0IN0410.
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 Lawspet Py in Py 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 Lawspet Py, 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 Py to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is DBSS0IN0410.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Near Parvathy Thirumana Nilayam,No.198,Lawspet Main Road,Lawspet,Pypy ( M)605008Py located in Py, Py, Puducherry.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.