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 Villupuram branch in Villupuram, Villupuram, 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 Villupuram or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code DBSS0IN0796. 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, Villupuram, Villupuram
Here are the main details that are associated with the IFSC Code DBSS0IN0796 of Development Bank Of Singapore for its branch located in Villupuram, within the district of Villupuram in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0796 |
| Branch | Villupuram |
| City | Villupuram |
| District | Villupuram |
| State | Tamil Nadu |
| Address | No 128,Thiru Vi Ka Road T S R Towers Villupuramviluppuram ( M)605602Tn |
These details helps 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 DBSS0IN0796 for the Villupuram 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 that is provided by the Reserve Bank of India. A unique IFSC like DBSS0IN0796 is given to every bank branch, including Development Bank Of Singapore located in Villupuram, Villupuram, Tamil Nadu, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Villupuram and Villupuram.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Villupuram doesn't end up at another location.
Format of the IFSC Code DBSS0IN0796
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): 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 Villupuram in Villupuram.
For example, the IFSC Code DBSS0IN0796 of Development Bank Of Singapore for the Villupuram 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 DBSS0IN0796 of Development Bank Of Singapore for its Villupuram branch located in Villupuram, the following methods can help:
Cheque Book
The cheque books that are issued by Development Bank Of Singapore include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Development Bank Of Singapore branches in Villupuram and Villupuram, 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 find the branch locator section. Search for Villupuram or Villupuram to get the exact IFSC Code DBSS0IN0796.
Mobile Banking App
If you use Development Bank Of Singapore's mobile app, you can easily 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 to help you in searching for Development Bank Of Singapore and Villupuram that will provide accurate information.
How to Use IFSC Code DBSS0IN0796 for Online Transfers?
Once you have the IFSC Code DBSS0IN0796 for the Villupuram branch of Development Bank Of Singapore in Villupuram, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0796. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Development Bank Of Singapore IFSC Code DBSS0IN0796.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Development Bank Of Singapore Villupuram in Villupuram, it can 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 Villupuram, 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)
The IFSC Code is DBSS0IN0796.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is No 128,Thiru Vi Ka Road T S R Towers Villupuramviluppuram ( M)605602Tn located in Villupuram, Villupuram, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.