There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Development Bank Of Singapore for its Devanahalli branch in Bangalore Rural, Devanahalli, Karnataka, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Development Bank Of Singapore situated in Bangalore Rural or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code DBSS0IN0225. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Development Bank Of Singapore, Devanahalli, Bangalore Rural
The table below shows the main details of the IFSC Code DBSS0IN0225 for the Development Bank Of Singapore branch in Bangalore Rural, which falls under the Devanahalli district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0225 |
| Branch | Devanahalli |
| City | Bangalore Rural |
| District | Devanahalli |
| State | Karnataka |
| Address | Near Old Bus Stand Door No.842/205,B B Road Devanahallibangalore Rural562110Ka |
These details help users in online banking and for businesses and individuals who use Development Bank Of Singapore in Bangalore Rural for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0225 for the Devanahalli branch of Development Bank Of Singapore has a very 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 Development Bank Of Singapore located in Devanahalli, Bangalore Rural, Karnataka, are allotted a unique IFSC like DBSS0IN0225 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bangalore Rural.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bangalore Rural and Devanahalli.
- 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 Development Bank Of Singapore in Devanahalli reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code DBSS0IN0225
The format of the IFSC Code for banks, including Development Bank Of Singapore, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Development Bank Of Singapore, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Devanahalli in Bangalore Rural.
For example, the IFSC Code DBSS0IN0225 of Development Bank Of Singapore for the Devanahalli branch has these elements, identifying the bank and the branch location in Bangalore Rural and Karnataka correctly.
How to Find IFSC Code for Development Bank Of Singapore?
To find the IFSC Code DBSS0IN0225 of Development Bank Of Singapore for its Devanahalli branch located in Bangalore Rural, 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 Rural and Devanahalli, 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 Devanahalli or Bangalore Rural to find the exact IFSC Code DBSS0IN0225.
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 Rural will provide accurate information.
How to Use IFSC Code DBSS0IN0225 for Online Transfers?
Once you have the IFSC Code DBSS0IN0225 for the Devanahalli branch of Development Bank Of Singapore in Bangalore Rural, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code DBSS0IN0225. 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 Development Bank Of Singapore IFSC Code DBSS0IN0225.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Development Bank Of Singapore Devanahalli in Bangalore Rural, 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 Development Bank Of Singapore in Devanahalli, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Bangalore Rural manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Devanahalli Bangalore Rural branch is DBSS0IN0225.
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 Old Bus Stand Door No.842/205,B B Road Devanahallibangalore Rural562110Ka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.