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 Ambur branch in Vellore, Ambur, 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 Vellore or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code DBSS0IN0104. 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, Ambur, Vellore

Below in the table are the key details related to IFSC Code DBSS0IN0104 of Development Bank Of Singapore for its branch located in Vellore, within the district of Ambur in the state of Tamil Nadu.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0104
Branch Ambur
City Vellore
District Ambur
State Tamil Nadu
Address Ambur No.92-A/1,Nethaji Road,Amburambur ( M)635802Tn

These details are essential not only for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Vellore for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0104 for the Ambur 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, along with Development Bank Of Singapore located in Ambur, Vellore, Tamil Nadu, are given a unique IFSC like DBSS0IN0104 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Vellore.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Vellore and Ambur.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Development Bank Of Singapore in Ambur goes to the correct branch. This is important because Development Bank Of Singapore has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code DBSS0IN0104

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 Ambur in Vellore.

For example, the IFSC Code DBSS0IN0104 of Development Bank Of Singapore for the Ambur branch includes these elements, identifying the bank and the branch location in Vellore and Tamil Nadu accurately.

How to Find IFSC Code for Development Bank Of Singapore?

If you are trying to find the IFSC Code DBSS0IN0104 of Development Bank Of Singapore for its Ambur branch located in Vellore, 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

Most banks, including Development Bank Of Singapore branches in Vellore and Ambur, print the IFSC and MICR codes 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 Ambur or Vellore to get the exact IFSC Code DBSS0IN0104.

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 Vellore, you'll get the correct details.

How to Use IFSC Code DBSS0IN0104 for Online Transfers?

Once you have the IFSC Code DBSS0IN0104 for the Ambur branch of Development Bank Of Singapore in Vellore, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code DBSS0IN0104. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 DBSS0IN0104.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Development Bank Of Singapore Ambur in Vellore, your payment can get delayed or might not go through at all.

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 Ambur, 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 Vellore 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 Ambur, Vellore?

The IFSC Code is DBSS0IN0104.

Is the IFSC Code DBSS0IN0104 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Development Bank Of Singapore Ambur?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Ambur branch?

The address of the branch is Ambur No.92-A/1,Nethaji Road,Amburambur ( M)635802Tn located in Vellore, Ambur, 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.