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 Melaseshamangalam branch in Tiruvannamalai, Melaseshamangalam, 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 Tiruvannamalai or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code DBSS0IN0968. 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, Melaseshamangalam, Tiruvannamalai

Here are some of the key details that come with the IFSC Code DBSS0IN0968 of Development Bank Of Singapore for its branch located in Tiruvannamalai, within the district of Melaseshamangalam in the state of Tamil Nadu.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0968
Branch Melaseshamangalam
City Tiruvannamalai
District Melaseshamangalam
State Tamil Nadu
Address Elango Street,Melaseshamangalam,Tiruvanamalai District No.5/929,Mel Seeshamangalam604504Tn

These details are essential not only for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Tiruvannamalai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0968 for the Melaseshamangalam 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, including Development Bank Of Singapore located in Melaseshamangalam, Tiruvannamalai, Tamil Nadu, is provided with a unique IFSC like DBSS0IN0968 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Development Bank Of Singapore branch in Tiruvannamalai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Tiruvannamalai and Melaseshamangalam.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Melaseshamangalam do not get mixed with another location.

Format of the IFSC Code DBSS0IN0968

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 Melaseshamangalam in Tiruvannamalai.

For example, the IFSC Code DBSS0IN0968 of Development Bank Of Singapore for the Melaseshamangalam branch includes these elements, identifying the bank and the branch location in Tiruvannamalai and Tamil Nadu correctly.

How to Find IFSC Code for Development Bank Of Singapore?

If you are trying to find the IFSC Code DBSS0IN0968 of Development Bank Of Singapore for its Melaseshamangalam branch located in Tiruvannamalai, 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

You can easily find the IFSC and MICR codes because most banks, including Development Bank Of Singapore branches in Tiruvannamalai and Melaseshamangalam, print them 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 Melaseshamangalam or Tiruvannamalai to get the exact IFSC Code DBSS0IN0968.

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 Tiruvannamalai, you'll get the correct details.

How to Use IFSC Code DBSS0IN0968 for Online Transfers?

Once you have the IFSC Code DBSS0IN0968 for the Melaseshamangalam branch of Development Bank Of Singapore in Tiruvannamalai, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0968. 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 DBSS0IN0968.

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 Melaseshamangalam in Tiruvannamalai 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 Melaseshamangalam, 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 Tiruvannamalai to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Development Bank Of Singapore in Melaseshamangalam, Tiruvannamalai?

The IFSC Code is DBSS0IN0968.

Is the IFSC Code DBSS0IN0968 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 Melaseshamangalam?

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 Melaseshamangalam branch?

The address of the branch is Elango Street,Melaseshamangalam,Tiruvanamalai District No.5/929,Mel Seeshamangalam604504Tn located in Tiruvannamalai, Melaseshamangalam, 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.