Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Development Bank Of Singapore for its Sattur branch in Virudhunagar, Sattur, Tamil Nadu, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Development Bank Of Singapore located in Virudhunagar or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code DBSS0IN0671. You should definitely 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, Sattur, Virudhunagar
Here are the main details that are associated with the IFSC Code DBSS0IN0671 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 | DBSS0IN0671 |
| Branch | Sattur |
| City | Virudhunagar |
| District | Sattur |
| State | Tamil Nadu |
| Address | Next To Lakshmi Sankar Mess No.38 Main Road,Sattursattur ( M)626203Tn |
These details are essential not only for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Virudhunagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0671 for the Sattur 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 that is provided by the Reserve Bank of India. A unique IFSC like DBSS0IN0671 is given to every bank branch, including Development Bank Of Singapore located in Sattur, Virudhunagar, 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 Virudhunagar.
- 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 Virudhunagar and Sattur.
- 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 Sattur doesn't end up at another location.
Format of the IFSC Code DBSS0IN0671
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 Sattur in Virudhunagar.
For example, the IFSC Code DBSS0IN0671 of Development Bank Of Singapore for the Sattur branch includes these elements, identifying the bank and the branch location in Virudhunagar and Tamil Nadu accurately.
How to Find IFSC Code for Development Bank Of Singapore?
To find the IFSC Code DBSS0IN0671 of Development Bank Of Singapore for its Sattur branch located in Virudhunagar, the following methods can help you out:
Cheque Book
The cheque book issued by Development Bank Of Singapore includes the IFSC Code printed on each cheque leaf. You can easily spot the code 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 the passbook.
Bank Website
Visit the official website of Development Bank Of Singapore and go to the branch locator section. Then search for Sattur or Virudhunagar to find the exact IFSC Code DBSS0IN0671.
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 maintains an updated database of all IFSC codes. Searching for Development Bank Of Singapore and Virudhunagar will provide accurate information.
How to Use IFSC Code DBSS0IN0671 for Online Transfers?
Once you have the IFSC Code DBSS0IN0671 for the Sattur branch of Development Bank Of Singapore in Virudhunagar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0671. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹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 DBSS0IN0671.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Development Bank Of Singapore Sattur in Virudhunagar may 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 Sattur, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Virudhunagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Sattur Virudhunagar branch is DBSS0IN0671.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Next To Lakshmi Sankar Mess No.38 Main Road,Sattursattur ( M)626203Tn.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.