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 Tirunelveli branch in Tirunelvali, Tirunelveli, 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 Tirunelvali or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code DBSS0IN0738. 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, Tirunelveli, Tirunelvali
Here are some of the key details that come with the IFSC Code DBSS0IN0738 of Development Bank Of Singapore for its branch located in Tirunelvali, within the district of Tirunelveli in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0738 |
| Branch | Tirunelveli |
| City | Tirunelvali |
| District | Tirunelveli |
| State | Tamil Nadu |
| Address | Tirunelveli Dist.627006,Tn 112,East Car Street,Tirunelveli Town,Tirunelveli ( M Corp.)627006Tn |
These details are essential not only for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Tirunelvali for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0738 for the Tirunelveli 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 that is provided by the Reserve Bank of India. A unique IFSC like DBSS0IN0738 is given to every bank branch, including Development Bank Of Singapore located in Tirunelveli, Tirunelvali, 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 Tirunelvali.
- 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 Tirunelvali and Tirunelveli.
- 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 Tirunelveli doesn't end up at another location.
Format of the IFSC Code DBSS0IN0738
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): 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 Tirunelveli in Tirunelvali.
For example, the IFSC Code DBSS0IN0738 of Development Bank Of Singapore for the Tirunelveli branch includes these elements, identifying the bank and the branch location in Tirunelvali and Tamil Nadu accurately.
How to Find IFSC Code for Development Bank Of Singapore?
If you are trying to find the IFSC Code DBSS0IN0738 of Development Bank Of Singapore for its Tirunelveli branch located in Tirunelvali, 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 Tirunelvali and Tirunelveli, 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 Tirunelveli or Tirunelvali to get the exact IFSC Code DBSS0IN0738.
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 Tirunelvali that will provide accurate information.
How to Use IFSC Code DBSS0IN0738 for Online Transfers?
If you have the IFSC Code DBSS0IN0738 for the Tirunelveli branch of Development Bank Of Singapore in Tirunelvali, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0738. 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 DBSS0IN0738.
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 Tirunelveli in Tirunelvali, it 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 Tirunelveli, 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 Tirunelvali manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is DBSS0IN0738.
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 Tirunelveli Dist.627006,Tn 112,East Car Street,Tirunelveli Town,Tirunelveli ( M Corp.)627006Tn located in Tirunelvali, Tirunelveli, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.