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 Sambankulam branch in Tirunelveli, Tirunelveli, 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 Tirunelveli or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code DBSS0IN0691. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Development Bank Of Singapore, Sambankulam, Tirunelveli
Below in the table are the key details related to IFSC Code DBSS0IN0691 of Development Bank Of Singapore for its branch located in Tirunelveli, within the district of Tirunelveli in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0691 |
| Branch | Sambankulam |
| City | Tirunelveli |
| District | Tirunelveli |
| State | Tamil Nadu |
| Address | Alwarkurichi ( Via),Ambasamudram ( Tk ) No.4/221,4/222,4/223,4/224,Govindaperi Road,Sambankulamdharmapuramatam627412Tn |
These details are crucial, not just for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Tirunelveli for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0691 for the Sambankulam 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Development Bank Of Singapore located in Sambankulam, Tirunelveli, Tamil Nadu, is provided a unique IFSC like DBSS0IN0691 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Development Bank Of Singapore branch in Tirunelveli.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Tirunelveli and Tirunelveli.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Sambankulam do not get misguided to another person.
Format of the IFSC Code DBSS0IN0691
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 Sambankulam in Tirunelveli.
For example, the IFSC Code DBSS0IN0691 of Development Bank Of Singapore for the Sambankulam branch has these elements, identifying the bank and the branch location in Tirunelveli and Tamil Nadu correctly.
How to Find IFSC Code for Development Bank Of Singapore?
To find the IFSC Code DBSS0IN0691 of Development Bank Of Singapore for its Sambankulam branch located in Tirunelveli, the following methods can help you out:
Cheque Book
The cheque book issued by Development Bank Of Singapore includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Development Bank Of Singapore branches in Tirunelveli 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 go to the branch locator section. Then search for Sambankulam or Tirunelveli to find the exact IFSC Code DBSS0IN0691.
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 maintains an updated database of all IFSC codes. Searching for Development Bank Of Singapore and Tirunelveli will provide accurate information.
How to Use IFSC Code DBSS0IN0691 for Online Transfers?
If you have the IFSC Code DBSS0IN0691 for the Sambankulam branch of Development Bank Of Singapore in Tirunelveli, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0691. 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 DBSS0IN0691.
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 Sambankulam in Tirunelveli, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Development Bank Of Singapore in Sambankulam, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Tirunelveli manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Sambankulam Tirunelveli branch is DBSS0IN0691.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Alwarkurichi ( Via),Ambasamudram ( Tk ) No.4/221,4/222,4/223,4/224,Govindaperi Road,Sambankulamdharmapuramatam627412Tn.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.