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 Bangalore-Jayanagar branch in Bangalore Urban, Bangalore, 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 Urban or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code DBSS0IN0163. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Development Bank Of Singapore, Bangalore-Jayanagar, Bangalore Urban
The table below shows the main details of the IFSC Code DBSS0IN0163 for the Development Bank Of Singapore branch in Bangalore Urban, which falls under the Bangalore district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0163 |
| Branch | Bangalore-Jayanagar |
| City | Bangalore Urban |
| District | Bangalore |
| State | Karnataka |
| Address | Bangalore-560011 460/20,8Th B Main Rd,4Th Bl.Jayanagar,Bangalore Urban560011Ka |
These details are important not only for users using online banking but also for businesses and individuals who use Development Bank Of Singapore in Bangalore Urban for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code DBSS0IN0163 for the Bangalore-Jayanagar branch of Development Bank Of Singapore is vital.
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 Bangalore-Jayanagar, Bangalore Urban, Karnataka, are allotted a unique IFSC like DBSS0IN0163 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 Urban.
- 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 Urban and Bangalore.
- 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 Bangalore-Jayanagar reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code DBSS0IN0163
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 Bangalore-Jayanagar in Bangalore Urban.
For example, the IFSC Code DBSS0IN0163 of Development Bank Of Singapore for the Bangalore-Jayanagar branch has these elements, identifying the bank and the branch location in Bangalore Urban and Karnataka correctly.
How to Find IFSC Code for Development Bank Of Singapore?
If you are looking for the IFSC Code DBSS0IN0163 of Development Bank Of Singapore for its Bangalore-Jayanagar branch located in Bangalore Urban, the following methods can help:
Cheque Book
The cheque book that is issued by Development Bank Of Singapore 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 Development Bank Of Singapore branches in Bangalore Urban and Bangalore, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Development Bank Of Singapore and look for the branch locator section, then search for Bangalore-Jayanagar or Bangalore Urban to get the exact IFSC Code DBSS0IN0163.
Mobile Banking App
If you use Development Bank Of Singapore'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 Development Bank Of Singapore and Bangalore Urban, then it will provide you proper information.
How to Use IFSC Code DBSS0IN0163 for Online Transfers?
Once you have the IFSC Code DBSS0IN0163 for the Bangalore-Jayanagar branch of Development Bank Of Singapore in Bangalore Urban, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code DBSS0IN0163. 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 DBSS0IN0163.
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 Bangalore-Jayanagar in Bangalore Urban, 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 Bangalore-Jayanagar, 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 Development Bank Of Singapore website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Bangalore Urban to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is DBSS0IN0163.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Bangalore-560011 460/20,8Th B Main Rd,4Th Bl.Jayanagar,Bangalore Urban560011Ka located in Bangalore Urban, Bangalore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.