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 Turaiyur branch in Tiruchirapalli, Turaiyur, 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 Tiruchirapalli or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code DBSS0IN0742. 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, Turaiyur, Tiruchirapalli

Here are the key points that are associated with the IFSC Code DBSS0IN0742 of Development Bank Of Singapore for its branch located in Tiruchirapalli, within the district of Turaiyur in the state of Tamil Nadu.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0742
Branch Turaiyur
City Tiruchirapalli
District Turaiyur
State Tamil Nadu
Address Turaiyur,621010 Dharman Bldgs,268,Trichy Rd,Thuraiyur ( M)621010Tn

These details are essential not only for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Tiruchirapalli for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0742 for the Turaiyur branch of Development Bank Of Singapore plays an important 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 Turaiyur, Tiruchirapalli, Tamil Nadu, are given a unique IFSC like DBSS0IN0742 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 any kind of confusion between different branches of the same bank in places like Tiruchirapalli and Turaiyur.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Development Bank Of Singapore in Turaiyur goes to the correct branch. This is important because Development Bank Of Singapore has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code DBSS0IN0742

The format of the IFSC Code for banks, including Development Bank Of Singapore, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Development Bank Of Singapore, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Turaiyur in Tiruchirapalli.

For example, the IFSC Code DBSS0IN0742 of Development Bank Of Singapore for the Turaiyur branch includes 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 trying to find the IFSC Code DBSS0IN0742 of Development Bank Of Singapore for its Turaiyur branch located in Tiruchirapalli, 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 Tiruchirapalli and Turaiyur, 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 Turaiyur or Tiruchirapalli to get the exact IFSC Code DBSS0IN0742.

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 Tiruchirapalli that will provide accurate information.

How to Use IFSC Code DBSS0IN0742 for Online Transfers?

Once you have the IFSC Code DBSS0IN0742 for the Turaiyur 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 DBSS0IN0742. The transfer is completed in batches instead of instantly. It is useful for both 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 DBSS0IN0742.

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 Turaiyur in Tiruchirapalli, your payment can get delayed or might not go through at all.

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 Turaiyur, 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 Tiruchirapalli 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 Turaiyur, Tiruchirapalli?

The IFSC Code is DBSS0IN0742.

Is the IFSC Code DBSS0IN0742 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 Turaiyur?

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 Turaiyur branch?

The address of the branch is Turaiyur,621010 Dharman Bldgs,268,Trichy Rd,Thuraiyur ( M)621010Tn located in Tiruchirapalli, Turaiyur, 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.