The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Development Bank Of Singapore for its Ariyalur branch in Villupuram, Ariyalur, Tamil Nadu, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Development Bank Of Singapore located in Villupuram or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code DBSS0IN0108. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Development Bank Of Singapore, Ariyalur, Villupuram
Here are the key points that are associated with the IFSC Code DBSS0IN0108 of Development Bank Of Singapore for its branch located in Villupuram, within the district of Ariyalur in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0108 |
| Branch | Ariyalur |
| City | Villupuram |
| District | Ariyalur |
| State | Tamil Nadu |
| Address | Ariyalur 621704 17-D,Vilangara Street.Dist.Perambalurariyalur ( M)621704Tn |
These details are essential not only for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Villupuram for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0108 for the Ariyalur 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 Ariyalur, Villupuram, Tamil Nadu, is provided with a unique IFSC like DBSS0IN0108 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 Villupuram.
- 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 Villupuram and Ariyalur.
- 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 Ariyalur do not get mixed with another location.
Format of the IFSC Code DBSS0IN0108
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 Ariyalur in Villupuram.
For example, the IFSC Code DBSS0IN0108 of Development Bank Of Singapore for the Ariyalur branch has these elements, identifying the bank and the branch location in Villupuram and Tamil Nadu correctly.
How to Find IFSC Code for Development Bank Of Singapore?
If you are trying to find the IFSC Code DBSS0IN0108 of Development Bank Of Singapore for its Ariyalur branch located in Villupuram, 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 Villupuram and Ariyalur, 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 Ariyalur or Villupuram to get the exact IFSC Code DBSS0IN0108.
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 Villupuram, you'll get the correct details.
How to Use IFSC Code DBSS0IN0108 for Online Transfers?
Once you have the IFSC Code DBSS0IN0108 for the Ariyalur branch of Development Bank Of Singapore in Villupuram, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code DBSS0IN0108. 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 DBSS0IN0108.
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 Ariyalur in Villupuram, your payment can get delayed or might not go through at all.
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 Ariyalur, 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 Villupuram manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is DBSS0IN0108.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ariyalur 621704 17-D,Vilangara Street.Dist.Perambalurariyalur ( M)621704Tn located in Villupuram, Ariyalur, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.