Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Dbs Bank India Limited for its Matunga-Mumbai branch in Greater Bombay, Mumbai, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Dbs Bank India Limited located in Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code DBSS0IN0175. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Dbs Bank India Limited, Matunga-Mumbai, Greater Bombay
Here are some of the key details that come with the IFSC Code DBSS0IN0175 of Dbs Bank India Limited for its branch located in Greater Bombay, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Dbs Bank India Limited |
| IFSC Code | DBSS0IN0175 |
| Branch | Matunga-Mumbai |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | Near Maheswari Udyan,(Kings Circle ) 42 -46,Plot No.427,Shanthinath Bhuvan No.2,Dr.Ambedkar Road Matunga Mumbaigreater Mumbai 400019Mh |
These details helps users in online banking and for businesses and individuals who use Dbs Bank India Limited in Greater Bombay for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0175 for the Matunga-Mumbai branch of Dbs Bank India Limited plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Dbs Bank India Limited located in Matunga-Mumbai, Greater Bombay, Maharashtra, is provided a unique IFSC like DBSS0IN0175 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Dbs Bank India Limited branch in Greater Bombay.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Greater Bombay and Mumbai.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Dbs Bank India Limited in Matunga-Mumbai do not get misguided to another person.
Format of the IFSC Code DBSS0IN0175
The format of the IFSC Code for banks, including Dbs Bank India Limited, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Dbs Bank India Limited, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Matunga-Mumbai in Greater Bombay.
For example, the IFSC Code DBSS0IN0175 of Dbs Bank India Limited for the Matunga-Mumbai branch includes these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra correctly.
How to Find IFSC Code for Dbs Bank India Limited?
If you are looking for the IFSC Code DBSS0IN0175 of Dbs Bank India Limited for its Matunga-Mumbai branch located in Greater Bombay, the following methods can help:
Cheque Book
The cheque book that is issued by Dbs Bank India Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Dbs Bank India Limited branches in Greater Bombay and Mumbai, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Dbs Bank India Limited and look for the branch locator section, then search for Matunga-Mumbai or Greater Bombay to get the exact IFSC Code DBSS0IN0175.
Mobile Banking App
If you use Dbs Bank India Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Dbs Bank India Limited and Greater Bombay, then it will provide you proper information.
How to Use IFSC Code DBSS0IN0175 for Online Transfers?
Once you have the IFSC Code DBSS0IN0175 for the Matunga-Mumbai branch of Dbs Bank India Limited in Greater Bombay, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code DBSS0IN0175. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Dbs Bank India Limited IFSC Code DBSS0IN0175.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Dbs Bank India Limited Matunga-Mumbai in Greater Bombay, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Dbs Bank India Limited in Matunga-Mumbai, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Dbs Bank India Limited website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Greater Bombay manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Matunga-Mumbai Greater Bombay branch is DBSS0IN0175.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Near Maheswari Udyan,(Kings Circle ) 42 -46,Plot No.427,Shanthinath Bhuvan No.2,Dr.Ambedkar Road Matunga Mumbaigreater Mumbai 400019Mh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.