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 Attur branch in Salem, Attur, 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 Salem or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code DBSS0IN0110. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Development Bank Of Singapore, Attur, Salem
Here are some of the key details that come with the IFSC Code DBSS0IN0110 of Development Bank Of Singapore for its branch located in Salem, within the district of Attur in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0110 |
| Branch | Attur |
| City | Salem |
| District | Attur |
| State | Tamil Nadu |
| Address | Ranipet No.339-L,First Floor Atturattur ( M)636102Tn |
These details are essential not only for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Salem for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0110 for the Attur 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, along with Development Bank Of Singapore located in Attur, Salem, Tamil Nadu, are allotted a unique IFSC like DBSS0IN0110 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Salem.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Salem and Attur.
- 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 Attur reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.
Format of the IFSC Code DBSS0IN0110
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 Attur in Salem.
For example, the IFSC Code DBSS0IN0110 of Development Bank Of Singapore for the Attur branch includes these elements, identifying the bank and the branch location in Salem and Tamil Nadu correctly.
How to Find IFSC Code for Development Bank Of Singapore?
To find the IFSC Code DBSS0IN0110 of Development Bank Of Singapore for its Attur branch located in Salem, the following methods can help you out:
Cheque Book
The cheque book issued by Development Bank Of Singapore includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Development Bank Of Singapore branches in Salem and Attur, 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 go to the branch locator section. Then search for Attur or Salem to find the exact IFSC Code DBSS0IN0110.
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 maintains an updated database of all IFSC codes. Searching for Development Bank Of Singapore and Salem will provide accurate information.
How to Use IFSC Code DBSS0IN0110 for Online Transfers?
Once you have the IFSC Code DBSS0IN0110 for the Attur branch of Development Bank Of Singapore in Salem, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0110. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Development Bank Of Singapore IFSC Code DBSS0IN0110.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Development Bank Of Singapore Attur in Salem, it can 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 Attur, 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 Salem to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Attur Salem branch is DBSS0IN0110.
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 Ranipet No.339-L,First Floor Atturattur ( M)636102Tn.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.