Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 500641024 belongs to Development Bank of Singapore, Hyderabad branch in Hyderabad, Andhra Pradesh. The matching IFSC code is DBSS0IN0297.
How to read MICR 500641024
500: the city code. It usually follows the first digits of the area's PIN code; here it is Hyderabad.
641: the bank code, the same for every branch of Development Bank of Singapore in cheque clearing.
024: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (DBSS0IN0297 for this branch).
Before you deposit or write a cheque
Check that the MICR on the cheque matches the branch printed at the top of the leaf.
Use a CTS-2010 cheque; older formats are no longer cleared.
Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 500641024 belong to?
Development Bank of Singapore, Hyderabad branch (Hyderabad, Andhra Pradesh).
What is the IFSC code for MICR 500641024?
DBSS0IN0297.
What do the digits of 500641024 mean?
500 is the city code, 641 the bank code and 024 the branch code.
