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 Kanmai Soorangudi branch in Virudhunagar, Sattur, 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 Virudhunagar or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code DBSS0IN0349. 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, Kanmai Soorangudi, Virudhunagar
Here are the key points that are associated with the IFSC Code DBSS0IN0349 of Development Bank Of Singapore for its branch located in Virudhunagar, within the district of Sattur in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0349 |
| Branch | Kanmai Soorangudi |
| City | Virudhunagar |
| District | Sattur |
| State | Tamil Nadu |
| Address | Kanmai Soorangudi,D.No.9/33,Sattur To Elayirampannai Main Road Soorangudisurankudi626203Tn |
These details are important not only for users using online banking but also for businesses and individuals who use Development Bank Of Singapore in Virudhunagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code DBSS0IN0349 for the Kanmai Soorangudi branch of Development Bank Of Singapore is vital.
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 Kanmai Soorangudi, Virudhunagar, Tamil Nadu, are allotted a unique IFSC like DBSS0IN0349 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Virudhunagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Virudhunagar and Sattur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Development Bank Of Singapore in Kanmai Soorangudi reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.
Format of the IFSC Code DBSS0IN0349
The format of the IFSC Code for banks, including Development Bank Of Singapore, has 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 Kanmai Soorangudi in Virudhunagar.
For example, the IFSC Code DBSS0IN0349 of Development Bank Of Singapore for the Kanmai Soorangudi branch includes these elements, identifying the bank and the branch location in Virudhunagar and Tamil Nadu correctly.
How to Find IFSC Code for Development Bank Of Singapore?
If you are trying to find the IFSC Code DBSS0IN0349 of Development Bank Of Singapore for its Kanmai Soorangudi branch located in Virudhunagar, 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 Virudhunagar and Sattur, 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 Kanmai Soorangudi or Virudhunagar to get the exact IFSC Code DBSS0IN0349.
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 Virudhunagar, you'll get the correct details.
How to Use IFSC Code DBSS0IN0349 for Online Transfers?
Once you have the IFSC Code DBSS0IN0349 for the Kanmai Soorangudi branch of Development Bank Of Singapore in Virudhunagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code DBSS0IN0349. 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 DBSS0IN0349.
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 Kanmai Soorangudi in Virudhunagar, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Development Bank Of Singapore in Kanmai Soorangudi, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Development Bank Of Singapore website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Virudhunagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is DBSS0IN0349.
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 Kanmai Soorangudi,D.No.9/33,Sattur To Elayirampannai Main Road Soorangudisurankudi626203Tn located in Virudhunagar, Sattur, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.