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IFSC Code of Development Bank Of Singapore, Alwal Secunderabad, Secunderabad, Telangana — DBSS0IN0139

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 Alwal Secunderabad branch in Secunderabad, Secunderabad, Telangana, 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 Secunderabad or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code DBSS0IN0139. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Development Bank Of Singapore, Alwal Secunderabad, Secunderabad

The table below shows the main details of the IFSC Code DBSS0IN0139 for the Development Bank Of Singapore branch in Secunderabad, which falls under the Secunderabad district in Telangana.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0139
Branch Alwal Secunderabad
City Secunderabad
District Secunderabad
State Telangana
Address Loyola College Road D.No.1-56/26&27 Plot No.25,Old Alwal Secunderabadsecunderabad500010Ts

These details are crucial, not just for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Secunderabad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0139 for the Alwal Secunderabad branch of Development Bank Of Singapore has 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 Alwal Secunderabad, Secunderabad, Telangana, is provided a unique IFSC like DBSS0IN0139 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 Secunderabad.
  • 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 Secunderabad and Secunderabad.
  • 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 Telangana and the rest of India, the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Alwal Secunderabad do not get misguided to another person.

Format of the IFSC Code DBSS0IN0139

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 Alwal Secunderabad in Secunderabad.

For example, the IFSC Code DBSS0IN0139 of Development Bank Of Singapore for the Alwal Secunderabad branch includes these elements, identifying the bank and the branch location in Secunderabad and Telangana correctly.

How to Find IFSC Code for Development Bank Of Singapore?

If you are trying to find the IFSC Code DBSS0IN0139 of Development Bank Of Singapore for its Alwal Secunderabad branch located in Secunderabad, 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 Secunderabad and Secunderabad, 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 Alwal Secunderabad or Secunderabad to get the exact IFSC Code DBSS0IN0139.

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 Secunderabad, you'll get the correct details.

How to Use IFSC Code DBSS0IN0139 for Online Transfers?

Once you have the IFSC Code DBSS0IN0139 for the Alwal Secunderabad branch of Development Bank Of Singapore in Secunderabad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code DBSS0IN0139. 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 DBSS0IN0139.

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 Alwal Secunderabad in Secunderabad, your payment can get delayed or might not go through at all.

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 Alwal Secunderabad, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Secunderabad 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 Alwal Secunderabad, Secunderabad?

The IFSC Code is DBSS0IN0139.

Is the IFSC Code DBSS0IN0139 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 Alwal Secunderabad?

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 Alwal Secunderabad branch?

The address of the branch is Loyola College Road D.No.1-56/26&27 Plot No.25,Old Alwal Secunderabadsecunderabad500010Ts located in Secunderabad, Secunderabad, Telangana.

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.

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