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 Ayothiapattinam branch in Salem, Ayodhyapatinam, 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 Salem or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code DBSS0IN0119. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Development Bank Of Singapore, Ayothiapattinam, Salem

The table below shows the main details of the IFSC Code DBSS0IN0119 for the Development Bank Of Singapore branch in Salem, which falls under the Ayodhyapatinam district in Tamil Nadu.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0119
Branch Ayothiapattinam
City Salem
District Ayodhyapatinam
State Tamil Nadu
Address Ayothiyapattinam No.30/4,Harur Main Road,Ayothiyapattinamayothiapattinam ( Tp)636103Tn

These details help users in online banking and for businesses and individuals who use Development Bank Of Singapore in Salem for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0119 for the Ayothiapattinam branch of Development Bank Of Singapore has a very 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 Ayothiapattinam, Salem, Tamil Nadu, is provided a unique IFSC like DBSS0IN0119 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 Salem.
  • 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 Salem and Ayodhyapatinam.
  • 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 Ayothiapattinam do not get misguided to another person.

Format of the IFSC Code DBSS0IN0119

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 Ayothiapattinam in Salem.

For example, the IFSC Code DBSS0IN0119 of Development Bank Of Singapore for the Ayothiapattinam branch includes these elements, identifying the bank and the branch location in Salem and Tamil Nadu accurately.

How to Find IFSC Code for Development Bank Of Singapore?

To find the IFSC Code DBSS0IN0119 of Development Bank Of Singapore for its Ayothiapattinam 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 Ayodhyapatinam, 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 Ayothiapattinam or Salem to find the exact IFSC Code DBSS0IN0119.

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 DBSS0IN0119 for Online Transfers?

Once you have the IFSC Code DBSS0IN0119 for the Ayothiapattinam 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 DBSS0IN0119. 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 DBSS0IN0119.

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 Ayothiapattinam in Salem, it can result in delayed or failed transactions.

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 Ayothiapattinam, 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 Salem 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 Ayothiapattinam, Salem?

The IFSC Code is DBSS0IN0119.

Is the IFSC Code DBSS0IN0119 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Development Bank Of Singapore Ayothiapattinam?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Ayothiapattinam branch?

The address of the branch is Ayothiyapattinam No.30/4,Harur Main Road,Ayothiyapattinamayothiapattinam ( Tp)636103Tn located in Salem, Ayodhyapatinam, 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.