The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Development Bank Of Singapore for its Thottiam branch in Tiruchirapalli, Thottiam, Tamil Nadu, this complete guide will provide you with detailed information.
The banking system in India has changed 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 DBSS0IN0724. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Development Bank Of Singapore, Thottiam, Tiruchirapalli
Below in the table are the key details related to IFSC Code DBSS0IN0724 of Development Bank Of Singapore for its branch located in Tiruchirapalli, within the district of Thottiam in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0724 |
| Branch | Thottiam |
| City | Tiruchirapalli |
| District | Thottiam |
| State | Tamil Nadu |
| Address | 246/B,Salem Main Road K.R.S Complex Thottiyamthottiyam ( Tp)621215Tn |
These details are crucial, not just for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Tiruchirapalli for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0724 for the Thottiam 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like DBSS0IN0724 is given to every bank branch, including Development Bank Of Singapore located in Thottiam, Tiruchirapalli, 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 Tiruchirapalli.
- 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 Tiruchirapalli and Thottiam.
- 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 Thottiam doesn't end up at another location.
Format of the IFSC Code DBSS0IN0724
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 Thottiam in Tiruchirapalli.
For example, the IFSC Code DBSS0IN0724 of Development Bank Of Singapore for the Thottiam branch includes these elements, identifying the bank and the branch location in Tiruchirapalli and Tamil Nadu accurately.
How to Find IFSC Code for Development Bank Of Singapore?
If you are trying to find the IFSC Code DBSS0IN0724 of Development Bank Of Singapore for its Thottiam branch located in Tiruchirapalli, 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
Most banks, including Development Bank Of Singapore branches in Tiruchirapalli and Thottiam, print the IFSC and MICR codes 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 Thottiam or Tiruchirapalli to get the exact IFSC Code DBSS0IN0724.
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 Tiruchirapalli, you'll get the correct details.
How to Use IFSC Code DBSS0IN0724 for Online Transfers?
Once you have the IFSC Code DBSS0IN0724 for the Thottiam branch of Development Bank Of Singapore in Tiruchirapalli, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0724. 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 DBSS0IN0724.
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 Thottiam in Tiruchirapalli 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 Thottiam, 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 Tiruchirapalli to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is DBSS0IN0724.
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 246/B,Salem Main Road K.R.S Complex Thottiyamthottiyam ( Tp)621215Tn located in Tiruchirapalli, Thottiam, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.