For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Dbs Bank India Limited for its Bhubaneshwar branch in Khurda, Bhubaneswar, Odisha, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Dbs Bank India Limited located in Khurda or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code DBSS0IN0160. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Dbs Bank India Limited, Bhubaneshwar, Khurda

The table below shows the main details of the IFSC Code DBSS0IN0160 for the Dbs Bank India Limited branch in Khurda, which falls under the Bhubaneswar district in Odisha.

Particulars Details
Bank Dbs Bank India Limited
IFSC Code DBSS0IN0160
Branch Bhubaneshwar
City Khurda
District Bhubaneswar
State Odisha
Address Ground Floor, Mouza-Bhubaneswar Sahar, Unit No.1, Bapuji Nagar, Khata No 321, Plot No 1619/(P), Bhubaneshwar 751009

These details are crucial, not just for online banking users but also for businesses and individuals who use Dbs Bank India Limited in Khurda for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0160 for the Bhubaneshwar branch of Dbs Bank India Limited has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Dbs Bank India Limited located in Bhubaneshwar, Khurda, Odisha, are allotted a unique IFSC like DBSS0IN0160 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Khurda.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Khurda and Bhubaneswar.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Dbs Bank India Limited in Bhubaneshwar reaches the right place, even though there are thousands of branches in Odisha and across India.

Format of the IFSC Code DBSS0IN0160

The format of the IFSC Code for banks, including Dbs Bank India Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Dbs Bank India Limited, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bhubaneshwar in Khurda.

For example, the IFSC Code DBSS0IN0160 of Dbs Bank India Limited for the Bhubaneshwar branch includes these elements, identifying the bank and the branch location in Khurda and Odisha accurately.

How to Find IFSC Code for Dbs Bank India Limited?

If you are looking for the IFSC Code DBSS0IN0160 of Dbs Bank India Limited for its Bhubaneshwar branch located in Khurda, 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 Khurda and Bhubaneswar, 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 Bhubaneshwar or Khurda to get the exact IFSC Code DBSS0IN0160.

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 Khurda, then it will provide you proper information.

How to Use IFSC Code DBSS0IN0160 for Online Transfers?

Once you have the IFSC Code DBSS0IN0160 for the Bhubaneshwar branch of Dbs Bank India Limited in Khurda, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code DBSS0IN0160. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 DBSS0IN0160.

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 Bhubaneshwar in Khurda, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Dbs Bank India Limited in Bhubaneshwar, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Dbs Bank India Limited website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Khurda to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Dbs Bank India Limited Bhubaneshwar Khurda?

The IFSC Code of the Bhubaneshwar Khurda branch is DBSS0IN0160.

Is IFSC Code DBSS0IN0160 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Dbs Bank India Limited Bhubaneshwar branch?

The branch is located at Ground Floor, Mouza-Bhubaneswar Sahar, Unit No.1, Bapuji Nagar, Khata No 321, Plot No 1619/(P), Bhubaneshwar 751009.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.