Development Bank of Singapore Karwar
Karwar · Uttara Kannada, Karnataka
581641202 is the MICR code for the Karwar branch of Development Bank of Singapore, located in Uttara Kannada, Karnataka. 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 DBSS0IN0321.
Bank
Development Bank of Singapore
Branch & Address
Karwar
Maruti Temple Road 1421 Karwaruttar Kannad581301ka
Uttara Kannada, Karwar, Karnataka
Contact
+918382226677MICR Code Structure
581
City
641
Bank
202
Branch
City code 581 identifies the RBI clearing centre, bank code 641 identifies Development Bank of Singapore, and branch code 202 identifies this specific branch.
Online Payment Methods Supported
Other Development Bank of Singapore branches near Uttara Kannada
Other banks in Uttara Kannada, Karnataka
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 (DBSS0IN0321) 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 581641202 is in the middle, and your account number is on the right.