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 Chinnasalem branch in Villupuram, Chinnasalem, 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 DBSS0IN0355. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Development Bank Of Singapore, Chinnasalem, Villupuram

Here are the main details that are associated with the IFSC Code DBSS0IN0355 of Development Bank Of Singapore for its branch located in Villupuram, within the district of Chinnasalem in the state of Tamil Nadu.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0355
Branch Chinnasalem
City Villupuram
District Chinnasalem
State Tamil Nadu
Address 258/60 , Salem Main Road, 606201

These details help users in online banking and for businesses and individuals who use Development Bank Of Singapore in Villupuram for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0355 for the Chinnasalem branch of Development Bank Of Singapore has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Development Bank Of Singapore located in Chinnasalem, Villupuram, Tamil Nadu, is provided a unique IFSC like DBSS0IN0355 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Development Bank Of Singapore branch in Villupuram.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Villupuram and Chinnasalem.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Chinnasalem do not get misguided to another person.

Format of the IFSC Code DBSS0IN0355

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Development Bank Of Singapore, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Chinnasalem in Villupuram.

For example, the IFSC Code DBSS0IN0355 of Development Bank Of Singapore for the Chinnasalem branch includes these elements, identifying the bank and the branch location in Villupuram and Tamil Nadu accurately.

How to Find IFSC Code for Development Bank Of Singapore?

If you are trying to find the IFSC Code DBSS0IN0355 of Development Bank Of Singapore for its Chinnasalem 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 Chinnasalem, 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 Chinnasalem or Villupuram to get the exact IFSC Code DBSS0IN0355.

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 DBSS0IN0355 for Online Transfers?

Once you have the IFSC Code DBSS0IN0355 for the Chinnasalem 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 DBSS0IN0355. 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 DBSS0IN0355.

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 Chinnasalem 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 differ from IFSC codes. If you are looking for the MICR code of Development Bank Of Singapore in Chinnasalem, 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 Villupuram 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 Chinnasalem, Villupuram?

The IFSC Code is DBSS0IN0355.

Is the IFSC Code DBSS0IN0355 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

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

What is the full address of the Chinnasalem branch?

The address of the branch is 258/60 , Salem Main Road, 606201 located in Villupuram, Chinnasalem, 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.