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 Lalgudi branch in Tiruchirapalli, Lalgudi, Tamil Nadu, 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 Tiruchirapalli or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code DBSS0IN0406. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Development Bank Of Singapore, Lalgudi, Tiruchirapalli
Here are some of the key details that come with the IFSC Code DBSS0IN0406 of Development Bank Of Singapore for its branch located in Tiruchirapalli, within the district of Lalgudi in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0406 |
| Branch | Lalgudi |
| City | Tiruchirapalli |
| District | Lalgudi |
| State | Tamil Nadu |
| Address | Lalgudi,621601 S R G Building,2,Sirudaiyur Agraharam,Lalgudi ( Tp)621601Tn |
These details helps users in online banking and for businesses and individuals who use Development Bank Of Singapore in Tiruchirapalli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0406 for the Lalgudi 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 Lalgudi, Tiruchirapalli, Tamil Nadu, are allotted a unique IFSC like DBSS0IN0406 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Tiruchirapalli.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Tiruchirapalli and Lalgudi.
- 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 Lalgudi reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.
Format of the IFSC Code DBSS0IN0406
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 Lalgudi in Tiruchirapalli.
For example, the IFSC Code DBSS0IN0406 of Development Bank Of Singapore for the Lalgudi branch has these elements, identifying the bank and the branch location in Tiruchirapalli and Tamil Nadu correctly.
How to Find IFSC Code for Development Bank Of Singapore?
If you are looking for the IFSC Code DBSS0IN0406 of Development Bank Of Singapore for its Lalgudi branch located in Tiruchirapalli, 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 Tiruchirapalli and Lalgudi, 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 Lalgudi or Tiruchirapalli to get the exact IFSC Code DBSS0IN0406.
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 Tiruchirapalli, then it will provide you proper information.
How to Use IFSC Code DBSS0IN0406 for Online Transfers?
Once you have the IFSC Code DBSS0IN0406 for the Lalgudi branch of Development Bank Of Singapore in Tiruchirapalli, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code DBSS0IN0406. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 DBSS0IN0406.
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 Lalgudi in Tiruchirapalli, 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 Lalgudi, 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 Tiruchirapalli manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is DBSS0IN0406.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Lalgudi,621601 S R G Building,2,Sirudaiyur Agraharam,Lalgudi ( Tp)621601Tn located in Tiruchirapalli, Lalgudi, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.