For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Development Bank Of Singapore for its Bhimavaram branch in West Godavari, Bhimavaram, Andhra Pradesh, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Development Bank Of Singapore located in West Godavari or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code DBSS0IN0168. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Development Bank Of Singapore, Bhimavaram, West Godavari

Here are the key points that are associated with the IFSC Code DBSS0IN0168 of Development Bank Of Singapore for its branch located in West Godavari, within the district of Bhimavaram in the state of Andhra Pradesh.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0168
Branch Bhimavaram
City West Godavari
District Bhimavaram
State Andhra Pradesh
Address Juvalapalem Road No.27-1-7/6,Near Uma Medicals Bhimavarambhimavaram534202Ap

These details are crucial, not just for online banking users but also for businesses and individuals who use Development Bank Of Singapore in West Godavari for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0168 for the Bhimavaram branch of Development Bank Of Singapore has an 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 Bhimavaram, West Godavari, Andhra Pradesh, is provided a unique IFSC like DBSS0IN0168 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 West Godavari.
  • 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 West Godavari and Bhimavaram.
  • 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 Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Bhimavaram do not get misguided to another person.

Format of the IFSC Code DBSS0IN0168

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 Bhimavaram in West Godavari.

For example, the IFSC Code DBSS0IN0168 of Development Bank Of Singapore for the Bhimavaram branch includes these elements, identifying the bank and the branch location in West Godavari and Andhra Pradesh accurately.

How to Find IFSC Code for Development Bank Of Singapore?

If you are looking for the IFSC Code DBSS0IN0168 of Development Bank Of Singapore for its Bhimavaram branch located in West Godavari, the following methods can help:

Cheque Book

The cheque book that is issued by Development Bank Of Singapore includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Development Bank Of Singapore branches in West Godavari and Bhimavaram, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Development Bank Of Singapore and look for the branch locator section, then search for Bhimavaram or West Godavari to get the exact IFSC Code DBSS0IN0168.

Mobile Banking App

If you use Development Bank Of Singapore's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Development Bank Of Singapore and West Godavari, then it will provide you proper information.

How to Use IFSC Code DBSS0IN0168 for Online Transfers?

Once you have the IFSC Code DBSS0IN0168 for the Bhimavaram branch of Development Bank Of Singapore in West Godavari, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code DBSS0IN0168. The transfer is completed in batches instead of instantly. It is useful for both 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 DBSS0IN0168.

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 Bhimavaram in West Godavari, 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 Bhimavaram, 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 West Godavari manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Development Bank Of Singapore in Bhimavaram, West Godavari?

The IFSC Code is DBSS0IN0168.

Is the IFSC Code DBSS0IN0168 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 Bhimavaram?

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 Bhimavaram branch?

The address of the branch is Juvalapalem Road No.27-1-7/6,Near Uma Medicals Bhimavarambhimavaram534202Ap located in West Godavari, Bhimavaram, Andhra Pradesh.

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.