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IFSC Code of Development Bank Of Singapore, Bannerghatta Main Road, Bangalore, Bengaluru, Karnataka — DBSS0IN0142

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)

What is the IFSC Code of Development Bank Of Singapore Bannerghatta Main Road, Bangalore Bangalore?

The IFSC Code of the Bannerghatta Main Road, Bangalore Bangalore branch is DBSS0IN0142.

Is IFSC Code DBSS0IN0142 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 Development Bank Of Singapore Bannerghatta Main Road, Bangalore branch?

The branch is located at Bannerghatta Main Road,Arekere No.108/7,B.G.Road,Doresanipalya Bangalorebangalore Urban560076Ka.

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.

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