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 Kangayam Road - Tiruppur branch in Tiruppur, Tiruppur, 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 Tiruppur or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code DBSS0IN0762. 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, Kangayam Road - Tiruppur, Tiruppur

Here are the key points that are associated with the IFSC Code DBSS0IN0762 of Development Bank Of Singapore for its branch located in Tiruppur, within the district of Tiruppur in the state of Tamil Nadu.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0762
Branch Kangayam Road - Tiruppur
City Tiruppur
District Tiruppur
State Tamil Nadu
Address Kangayam Main Road Door No.6,Amarjothi A S Nagar Tiruppurtiruppur ( M.Corp)641604Tn

These details are crucial, not just for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Tiruppur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0762 for the Kangayam Road - Tiruppur 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 DBSS0IN0762 is given to every bank branch, including Development Bank Of Singapore located in Kangayam Road - Tiruppur, Tiruppur, 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 Tiruppur.
  • 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 Tiruppur and Tiruppur.
  • 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 Kangayam Road - Tiruppur doesn't end up at another location.

Format of the IFSC Code DBSS0IN0762

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 Kangayam Road - Tiruppur in Tiruppur.

For example, the IFSC Code DBSS0IN0762 of Development Bank Of Singapore for the Kangayam Road - Tiruppur branch includes these elements, identifying the bank and the branch location in Tiruppur and Tamil Nadu accurately.

How to Find IFSC Code for Development Bank Of Singapore?

To find the IFSC Code DBSS0IN0762 of Development Bank Of Singapore for its Kangayam Road - Tiruppur branch located in Tiruppur, 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 Tiruppur and Tiruppur, 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 Kangayam Road - Tiruppur or Tiruppur to find the exact IFSC Code DBSS0IN0762.

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 Tiruppur will provide accurate information.

How to Use IFSC Code DBSS0IN0762 for Online Transfers?

If you have the IFSC Code DBSS0IN0762 for the Kangayam Road - Tiruppur branch of Development Bank Of Singapore in Tiruppur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0762. 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 DBSS0IN0762.

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 Kangayam Road - Tiruppur in Tiruppur, 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 Kangayam Road - Tiruppur, 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 Tiruppur manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Development Bank Of Singapore in Kangayam Road - Tiruppur, Tiruppur?

The IFSC Code is DBSS0IN0762.

Is the IFSC Code DBSS0IN0762 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Development Bank Of Singapore Kangayam Road - Tiruppur?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Kangayam Road - Tiruppur branch?

The address of the branch is Kangayam Main Road Door No.6,Amarjothi A S Nagar Tiruppurtiruppur ( M.Corp)641604Tn located in Tiruppur, Tiruppur, 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.