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 Thane branch in Thane, Thane, Maharashtra, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code DBSS0IN0752. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Development Bank Of Singapore, Thane, Thane

Here are the main details that are associated with the IFSC Code DBSS0IN0752 of Development Bank Of Singapore for its branch located in Thane, within the district of Thane in the state of Maharashtra.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0752
Branch Thane
City Thane
District Thane
State Maharashtra
Address Opp To Naupada Police Station Shop No.3& 4,Tropical Elite Building,Thanethane 400602Mh

These details helps users in online banking and for businesses and individuals who use Development Bank Of Singapore in Thane for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0752 for the Thane branch of Development Bank Of Singapore plays a vital 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 Thane, Thane, Maharashtra, are allotted a unique IFSC like DBSS0IN0752 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Thane.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Thane and Thane.
  • 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 Thane reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code DBSS0IN0752

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 Thane in Thane.

For example, the IFSC Code DBSS0IN0752 of Development Bank Of Singapore for the Thane branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.

How to Find IFSC Code for Development Bank Of Singapore?

If you are trying to find the IFSC Code DBSS0IN0752 of Development Bank Of Singapore for its Thane branch located in Thane, 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 Thane and Thane, 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 Thane or Thane to get the exact IFSC Code DBSS0IN0752.

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 Thane that will provide accurate information.

How to Use IFSC Code DBSS0IN0752 for Online Transfers?

If you have the IFSC Code DBSS0IN0752 for the Thane branch of Development Bank Of Singapore in Thane, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0752. Transfers are processed in batches. 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. Asks for the recipient's account details and Development Bank Of Singapore IFSC Code DBSS0IN0752.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Development Bank Of Singapore Thane in Thane, it 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 Thane, 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 Thane 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 Thane, Thane?

The IFSC Code is DBSS0IN0752.

Is the IFSC Code DBSS0IN0752 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 Thane?

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 Thane branch?

The address of the branch is Opp To Naupada Police Station Shop No.3& 4,Tropical Elite Building,Thanethane 400602Mh located in Thane, Thane, Maharashtra.

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.