Development Bank of Singapore Bhupalpalle
Bhupalpalle · Jayashankar, Telangana
506641006 is the MICR code for the Bhupalpalle branch of Development Bank of Singapore, located in Jayashankar, Telangana. 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 DBSS0IN0141.
Bank
Development Bank of Singapore
Branch & Address
Bhupalpalle
Near H P Petrol Bunk No.17-315, Main Road, Jawahar Nagar Colony Bhupalpallebhupalpalle506169ts
Jayashankar, Bhulpalpalle, Telangana
Contact
+917097525955MICR Code Structure
506
City
641
Bank
006
Branch
City code 506 identifies the RBI clearing centre, bank code 641 identifies Development Bank of Singapore, and branch code 006 identifies this specific branch.
Online Payment Methods Supported
Other Development Bank of Singapore branches near Jayashankar
Other banks in Jayashankar, Telangana
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 (DBSS0IN0141) 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 506641006 is in the middle, and your account number is on the right.