There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Development Bank Of Singapore for its Alathur branch in Thanjavur, Alathur, Tamil Nadu, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Development Bank Of Singapore situated in Thanjavur or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code DBSS0IN0112. You should 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, Alathur, Thanjavur

Here are the key points that are associated with the IFSC Code DBSS0IN0112 of Development Bank Of Singapore for its branch located in Thanjavur, within the district of Alathur in the state of Tamil Nadu.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0112
Branch Alathur
City Thanjavur
District Alathur
State Tamil Nadu
Address Main Road No.4/414-3,Viswa Complex,Alathuralathur614901Tn

These details are important not only for users using online banking but also for businesses and individuals who use Development Bank Of Singapore in Thanjavur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code DBSS0IN0112 for the Alathur branch of Development Bank Of Singapore is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like DBSS0IN0112 is given to every bank branch, including Development Bank Of Singapore located in Alathur, Thanjavur, Tamil Nadu, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Development Bank Of Singapore branch in Thanjavur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Thanjavur and Alathur.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Alathur doesn't end up at another location.

Format of the IFSC Code DBSS0IN0112

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 Alathur in Thanjavur.

For example, the IFSC Code DBSS0IN0112 of Development Bank Of Singapore for the Alathur branch includes these elements, identifying the bank and the branch location in Thanjavur and Tamil Nadu accurately.

How to Find IFSC Code for Development Bank Of Singapore?

If you are looking for the IFSC Code DBSS0IN0112 of Development Bank Of Singapore for its Alathur branch located in Thanjavur, the following methods can help:

Cheque Book

The cheque book that is issued by Development Bank Of Singapore includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Development Bank Of Singapore branches in Thanjavur and Alathur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Development Bank Of Singapore and look for the branch locator section, then search for Alathur or Thanjavur to get the exact IFSC Code DBSS0IN0112.

Mobile Banking App

If you use Development Bank Of Singapore's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Development Bank Of Singapore and Thanjavur, then it will provide you proper information.

How to Use IFSC Code DBSS0IN0112 for Online Transfers?

If you have the IFSC Code DBSS0IN0112 for the Alathur branch of Development Bank Of Singapore in Thanjavur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0112. 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 DBSS0IN0112.

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 Alathur in Thanjavur, it may 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 Alathur, 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 Thanjavur 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 Alathur, Thanjavur?

The IFSC Code is DBSS0IN0112.

Is the IFSC Code DBSS0IN0112 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Alathur branch?

The address of the branch is Main Road No.4/414-3,Viswa Complex,Alathuralathur614901Tn located in Thanjavur, Alathur, 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.