Development Bank of Singapore — OLAPALAYAM Branch

How to Use DBSS0IN0507 for Money Transfers

The IFSC code DBSS0IN0507 is specifically assigned to the OLAPALAYAM branch of Development Bank of Singapore located in ERODE, TAMIL NADU. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use DBSS0IN0507 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use DBSS0IN0507 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require DBSS0IN0507 when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

About Development Bank of Singapore OLAPALAYAM Branch

The OLAPALAYAM branch of Development Bank of Singapore is situated in ERODE, TAMIL NADU. The branch address is OLAPALAYAM,KANGAYAM ( VIA ) KARUR-KANGAYAM MAIN ROAD OLAPALAYAMOLAPALAYAM638701TN. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +914257256243. Always use the IFSC code DBSS0IN0507 when making any online fund transfer to an account held at this branch.