Development Bank of Singapore Vashi
Vashi · Vashi, Maharashtra
400641005 is the MICR code for the Vashi branch of Development Bank of Singapore, located in Vashi, Maharashtra. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code DBSS0IN0868.
Bank
Development Bank of Singapore
Branch & Address
Vashi
Office No. 202, Second Floor, Apeejay Express, Plot No. 87, Sector 17, Vashi, Navi Mumbai 400703, Maharashtra.
Vashi, Vashi, Maharashtra
Contact
+912227650242MICR Code Structure
400
City
641
Bank
005
Branch
City code 400 identifies the RBI clearing centre, bank code 641 identifies Development Bank of Singapore, and branch code 005 identifies this specific branch.
Online Payment Methods Supported
Other Development Bank of Singapore branches near Vashi
Other banks in Vashi, Maharashtra
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (DBSS0IN0868) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 400641005 is in the middle, and your account number is on the right.