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 Vettavalam branch in Tiruvannamalai, Vettavalam, 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 Tiruvannamalai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code DBSS0IN0794. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Development Bank Of Singapore, Vettavalam, Tiruvannamalai

Below in the table are the key details related to IFSC Code DBSS0IN0794 of Development Bank Of Singapore for its branch located in Tiruvannamalai, within the district of Vettavalam in the state of Tamil Nadu.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0794
Branch Vettavalam
City Tiruvannamalai
District Vettavalam
State Tamil Nadu
Address Villupuram Road No.22-C Vettavalamvettavalam ( Tp)606754Tn

These details helps users in online banking and for businesses and individuals who use Development Bank Of Singapore in Tiruvannamalai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0794 for the Vettavalam branch of Development Bank Of Singapore plays a vital 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 Vettavalam, Tiruvannamalai, Tamil Nadu, is provided with a unique IFSC like DBSS0IN0794 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 Vettavalam.
  • 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 Vettavalam do not get mixed with another location.

Format of the IFSC Code DBSS0IN0794

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Development Bank Of Singapore, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Vettavalam in Tiruvannamalai.

For example, the IFSC Code DBSS0IN0794 of Development Bank Of Singapore for the Vettavalam branch includes these elements, identifying the bank and the branch location in Tiruvannamalai and Tamil Nadu accurately.

How to Find IFSC Code for Development Bank Of Singapore?

To find the IFSC Code DBSS0IN0794 of Development Bank Of Singapore for its Vettavalam branch located in Tiruvannamalai, 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 Tiruvannamalai and Vettavalam, 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 Vettavalam or Tiruvannamalai to find the exact IFSC Code DBSS0IN0794.

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 Tiruvannamalai will provide accurate information.

How to Use IFSC Code DBSS0IN0794 for Online Transfers?

If you have the IFSC Code DBSS0IN0794 for the Vettavalam branch of Development Bank Of Singapore in Tiruvannamalai, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0794. 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 DBSS0IN0794.

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 Vettavalam in Tiruvannamalai, 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 Vettavalam, 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 Tiruvannamalai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Development Bank Of Singapore Vettavalam Tiruvannamalai?

The IFSC Code of the Vettavalam Tiruvannamalai branch is DBSS0IN0794.

Is IFSC Code DBSS0IN0794 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Development Bank Of Singapore Vettavalam branch?

The branch is located at Villupuram Road No.22-C Vettavalamvettavalam ( Tp)606754Tn.

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.