Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Development Bank Of Singapore for its Ramanathapuram branch in Theni, Theni, or Tamil Nadu, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Development Bank Of Singapore located in Theni or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code DBSS0IN0615. You should definitely 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, Ramanathapuram, Theni
Here are the key points that are associated with the IFSC Code DBSS0IN0615 of Development Bank Of Singapore for its branch located in Theni, within the district of Theni in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0615 |
| Branch | Ramanathapuram |
| City | Theni |
| District | Theni |
| State | Tamil Nadu |
| Address | Near Agraharam Road,Ramanathapuram Door No.59/1,2&3,Agilkidangu Street Ramanathapuramramanathapuram ( M)623501Tn |
These details help users in online banking and for businesses and individuals who use Development Bank Of Singapore in Theni for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0615 for the Ramanathapuram 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like DBSS0IN0615 is given to every bank branch, including Development Bank Of Singapore located in Ramanathapuram, Theni, 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 Theni.
- 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 Theni and Theni.
- 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 Ramanathapuram doesn't end up at another location.
Format of the IFSC Code DBSS0IN0615
The format of the IFSC Code for banks, including Development Bank Of Singapore, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Development Bank Of Singapore, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Ramanathapuram in Theni.
For example, the IFSC Code DBSS0IN0615 of Development Bank Of Singapore for the Ramanathapuram branch has these elements, identifying the bank and the branch location in Theni and Tamil Nadu correctly.
How to Find IFSC Code for Development Bank Of Singapore?
If you are trying to find the IFSC Code DBSS0IN0615 of Development Bank Of Singapore for its Ramanathapuram branch located in Theni, 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 Theni and Theni, 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 Ramanathapuram or Theni to get the exact IFSC Code DBSS0IN0615.
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 Theni, you'll get the correct details.
How to Use IFSC Code DBSS0IN0615 for Online Transfers?
Once you have the IFSC Code DBSS0IN0615 for the Ramanathapuram branch of Development Bank Of Singapore in Theni, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0615. Transfers are processed in batches. This is 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. Requires the recipient's account details and Development Bank Of Singapore IFSC Code DBSS0IN0615.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Development Bank Of Singapore Ramanathapuram in Theni 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 Ramanathapuram, 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 Theni to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is DBSS0IN0615.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Near Agraharam Road,Ramanathapuram Door No.59/1,2&3,Agilkidangu Street Ramanathapuramramanathapuram ( M)623501Tn located in Theni, Theni, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.