The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Development Bank Of Singapore for its Bannerghatta Main Road, Bangalore branch in Bangalore, Bengaluru, Karnataka, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Development Bank Of Singapore located in Bangalore or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code DBSS0IN0142. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Development Bank Of Singapore, Bannerghatta Main Road, Bangalore, Bangalore
Here are the key points that are associated with the IFSC Code DBSS0IN0142 of Development Bank Of Singapore for its branch located in Bangalore, within the district of Bengaluru in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0142 |
| Branch | Bannerghatta Main Road, Bangalore |
| City | Bangalore |
| District | Bengaluru |
| State | Karnataka |
| Address | Bannerghatta Main Road,Arekere No.108/7,B.G.Road,Doresanipalya Bangalorebangalore Urban560076Ka |
These details are crucial, not just for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Bangalore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0142 for the Bannerghatta Main Road, Bangalore branch of Development Bank Of Singapore has an important 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 Development Bank Of Singapore located in Bannerghatta Main Road, Bangalore, Bangalore, Karnataka, is provided a unique IFSC like DBSS0IN0142 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Development Bank Of Singapore branch in Bangalore.
- 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 Bangalore and Bengaluru.
- 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 Karnataka and the rest of India, the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Bannerghatta Main Road, Bangalore do not get misguided to another person.
Format of the IFSC Code DBSS0IN0142
This is the format of the IFSC Code for banks, including Development Bank Of Singapore, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Development Bank Of Singapore, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Bannerghatta Main Road, Bangalore in Bangalore.
For example, the IFSC Code DBSS0IN0142 of Development Bank Of Singapore for the Bannerghatta Main Road, Bangalore branch includes these elements, identifying the bank and the branch location in Bangalore and Karnataka accurately.
How to Find IFSC Code for Development Bank Of Singapore?
To find the IFSC Code DBSS0IN0142 of Development Bank Of Singapore for its Bannerghatta Main Road, Bangalore branch located in Bangalore, the following methods can help you out:
Cheque Book
The cheque book issued by Development Bank Of Singapore includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Development Bank Of Singapore branches in Bangalore and Bengaluru, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Development Bank Of Singapore and go to the branch locator section. Then search for Bannerghatta Main Road, Bangalore or Bangalore to find the exact IFSC Code DBSS0IN0142.
Mobile Banking App
If you use Development Bank Of Singapore's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Development Bank Of Singapore and Bangalore will provide accurate information.
How to Use IFSC Code DBSS0IN0142 for Online Transfers?
Once you have the IFSC Code DBSS0IN0142 for the Bannerghatta Main Road, Bangalore branch of Development Bank Of Singapore in Bangalore, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0142. Transfers are processed in batches. This is suitable for 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 Development Bank Of Singapore IFSC Code DBSS0IN0142.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Development Bank Of Singapore Bannerghatta Main Road, Bangalore in Bangalore may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Development Bank Of Singapore in Bannerghatta Main Road, Bangalore, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Development Bank Of Singapore website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Bangalore manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Bannerghatta Main Road, Bangalore Bangalore branch is DBSS0IN0142.
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 Bannerghatta Main Road,Arekere No.108/7,B.G.Road,Doresanipalya Bangalorebangalore Urban560076Ka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.