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IFSC Code of Development Bank Of Singapore, Vizianagaram, Hyderabad, Andhra Pradesh — DBSS0IN0809

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 Vizianagaram branch in Vizianagaram, Hyderabad, Andhra Pradesh, 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 Vizianagaram or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code DBSS0IN0809. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Development Bank Of Singapore, Vizianagaram, Vizianagaram

Below in the table are the key details related to IFSC Code DBSS0IN0809 of Development Bank Of Singapore for its branch located in Vizianagaram, within the district of Hyderabad in the state of Andhra Pradesh.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0809
Branch Vizianagaram
City Vizianagaram
District Hyderabad
State Andhra Pradesh
Address Vizianagaram D.No.19-10-11/1,Matam Street Vizianagaramvizianagaram535002Ap

These details helps users in online banking and for businesses and individuals who use Development Bank Of Singapore in Vizianagaram for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0809 for the Vizianagaram 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 DBSS0IN0809 is given to every bank branch, including Development Bank Of Singapore located in Vizianagaram, Vizianagaram, Andhra Pradesh, 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 Vizianagaram.
  • 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 Vizianagaram and Hyderabad.
  • 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 Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Vizianagaram doesn't end up at another location.

Format of the IFSC Code DBSS0IN0809

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Development Bank Of Singapore, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Vizianagaram in Vizianagaram.

For example, the IFSC Code DBSS0IN0809 of Development Bank Of Singapore for the Vizianagaram branch includes these elements, identifying the bank and the branch location in Vizianagaram and Andhra Pradesh accurately.

How to Find IFSC Code for Development Bank Of Singapore?

To find the IFSC Code DBSS0IN0809 of Development Bank Of Singapore for its Vizianagaram branch located in Vizianagaram, 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 Vizianagaram and Hyderabad, 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 Vizianagaram or Vizianagaram to find the exact IFSC Code DBSS0IN0809.

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 Vizianagaram will provide accurate information.

How to Use IFSC Code DBSS0IN0809 for Online Transfers?

Once you have the IFSC Code DBSS0IN0809 for the Vizianagaram branch of Development Bank Of Singapore in Vizianagaram, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code DBSS0IN0809. 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 DBSS0IN0809.

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 Vizianagaram in Vizianagaram, 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 Vizianagaram, 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 Vizianagaram 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 Vizianagaram Vizianagaram?

The IFSC Code of the Vizianagaram Vizianagaram branch is DBSS0IN0809.

Is IFSC Code DBSS0IN0809 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Development Bank Of Singapore Vizianagaram branch?

The branch is located at Vizianagaram D.No.19-10-11/1,Matam Street Vizianagaramvizianagaram535002Ap.

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.

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