Below are the complete branch details for DBS Bank India Limited, OLAPALAYAM branch, located in OLAPALAYAM, TAMIL NADU. The IFSC assigned by the Reserve Bank of India to this branch is DBSS0IN0507. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case DBSS0IN0507 for DBS Bank India Limited – OLAPALAYAM — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for DBS Bank India Limited – OLAPALAYAM is DBSS0IN0507. The first four letters DBSS are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters IN0507 map to this branch in OLAPALAYAM, TAMIL NADU.
Bank profile
DBS Bank India Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Olapalayam branch — IFSC DBSS0IN0507 — extends the bank's services to customers in and around Olapalayam, Tamil Nadu.
Branch details at a glance
| Bank Name | DBS Bank India Limited |
|---|---|
| Branch | Olapalayam |
| IFSC Code | DBSS0IN0507 |
| MICR Code | Refer to cheque leaf |
| Branch Address | OLAPALAYAM,KANGAYAM ( VIA ) KARUR-KANGAYAM MAIN ROAD OLAPALAYAMOLAPALAYAM638701TN |
| City | Olapalayam |
| District | Erode |
| State | Tamil Nadu |
| STD Code | 4257 |
| Phone | 256243 |
About the Olapalayam branch
The Olapalayam branch of DBS Bank India Limited is situated at OLAPALAYAM,KANGAYAM ( VIA ) KARUR-KANGAYAM MAIN ROAD OLAPALAYAMOLAPALAYAM638701TN. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code DBSS0IN0507 is used.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how DBS Bank India Limited's OLAPALAYAM branch came to be assigned the code DBSS0IN0507.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC DBSS0IN0507, money simply cannot be routed to the OLAPALAYAM branch electronically.
Account types you can open at the Olapalayam branch
Once you have an account at DBS Bank India Limited – OLAPALAYAM, the IFSC DBSS0IN0507 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the Olapalayam branch can access most of DBS Bank India Limited's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC DBSS0IN0507
How to transfer money using IFSC DBSS0IN0507
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC DBSS0IN0507 across all three.
How to use IFSC DBSS0IN0507 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to DBS Bank India Limited's OLAPALAYAM branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC DBSS0IN0507.
- Confirm the bank name auto-populates as DBS Bank India Limited and the branch as OLAPALAYAM.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to OLAPALAYAM
If you need to transfer ₹2 lakh or more in one go to an account at DBS Bank India Limited's OLAPALAYAM branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC DBSS0IN0507 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to DBS Bank India Limited – OLAPALAYAM, use IMPS. With IFSC DBSS0IN0507 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC DBSS0IN0507 for DBS Bank India Limited – OLAPALAYAM, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – DBSS0IN0507 | Yes – DBSS0IN0507 | Yes – DBSS0IN0507 |
For most retail customers crediting the Olapalayam branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC DBSS0IN0507
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at DBS Bank India Limited – OLAPALAYAM is still mapped to IFSC DBSS0IN0507. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC DBSS0IN0507 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Olapalayam branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC DBSS0IN0507 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
MICR & cheque-truncation details
Cheques drawn on the Olapalayam branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC DBSS0IN0507 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to DBS Bank India Limited – OLAPALAYAM:
- The IFSC is exactly DBSS0IN0507 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills DBS Bank India Limited as the bank name and OLAPALAYAM as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Reaching the branch
The Olapalayam branch sits at OLAPALAYAM,KANGAYAM ( VIA ) KARUR-KANGAYAM MAIN ROAD OLAPALAYAMOLAPALAYAM638701TN. If you are travelling from outside Olapalayam, search for the branch on a maps application using the bank name and locality, or call 4257-256243 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC DBSS0IN0507 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC DBSS0IN0507 for DBS Bank India Limited – OLAPALAYAM, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Olapalayam branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC DBSS0IN0507, however, work 24x7.
Branch address & contact
DBS Bank India LimitedOlapalayam Branch
OLAPALAYAM,KANGAYAM ( VIA ) KARUR-KANGAYAM MAIN ROAD OLAPALAYAMOLAPALAYAM638701TN
Olapalayam, Tamil Nadu
Phone: 4257-256243
IFSC: DBSS0IN0507
Frequently asked questions
Can I use IFSC DBSS0IN0507 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC DBSS0IN0507 to send funds instantly.
Where is DBS Bank India Limited Olapalayam branch located?
DBS Bank India Limited's Olapalayam branch is located at OLAPALAYAM,KANGAYAM ( VIA ) KARUR-KANGAYAM MAIN ROAD OLAPALAYAMOLAPALAYAM638701TN, Olapalayam, Tamil Nadu.
How quickly will an NEFT transfer using DBSS0IN0507 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to DBS Bank India Limited – Olapalayam reflect within 30 minutes.
What is the phone number of DBS Bank India Limited Olapalayam branch?
You can reach the branch at 4257-256243 during regular banking hours.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Olapalayam branch but serve different purposes.
How do I add DBS Bank India Limited Olapalayam as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC DBSS0IN0507, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC DBSS0IN0507 the same for all accounts at Olapalayam branch?
Yes. The IFSC DBSS0IN0507 is shared by every account held at DBS Bank India Limited's Olapalayam branch. Only the account number changes from customer to customer.
Final notes
To recap: DBSS0IN0507 is the IFSC code of DBS Bank India Limited, OLAPALAYAM branch, in OLAPALAYAM, TAMIL NADU. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.


