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 Kengeri 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 DBSS0IN0388. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Development Bank Of Singapore, Kengeri, Bangalore Urban
The table below shows the main details of the IFSC Code DBSS0IN0388 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 | DBSS0IN0388 |
| Branch | Kengeri |
| City | Bangalore Urban |
| District | Bangalore |
| State | Karnataka |
| Address | 1St Main Road,Next To Lic No.1108,4Th Cross,Kengeri Satelite Townbangalore Urban560060Ka |
These details are crucial, not just for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Bangalore Urban for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0388 for the Kengeri 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Development Bank Of Singapore located in Kengeri, Bangalore Urban, Karnataka, is provided with a unique IFSC like DBSS0IN0388 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Development Bank Of Singapore branch in Bangalore Urban.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Bangalore Urban and Bangalore.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Kengeri do not get mixed with another location.
Format of the IFSC Code DBSS0IN0388
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): Show the bank code. For Development Bank Of Singapore, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kengeri in Bangalore Urban.
For example, the IFSC Code DBSS0IN0388 of Development Bank Of Singapore for the Kengeri branch includes these elements, identifying the bank and the branch location in Bangalore Urban and Karnataka accurately.
How to Find IFSC Code for Development Bank Of Singapore?
If you are trying to find the IFSC Code DBSS0IN0388 of Development Bank Of Singapore for its Kengeri branch located in Bangalore Urban, the following methods can help:
Cheque Book
The cheque book issued by Development Bank Of Singapore includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Development Bank Of Singapore branches in Bangalore Urban and Bangalore, print them on the first page of your passbook.
Bank Website
Visit the official website of Development Bank Of Singapore and navigate to the branch locator section. Search for Kengeri or Bangalore Urban to get the exact IFSC Code DBSS0IN0388.
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 keeps an updated list of all IFSC codes. If you search for Development Bank Of Singapore and Bangalore Urban, you'll get the correct details.
How to Use IFSC Code DBSS0IN0388 for Online Transfers?
If you have the IFSC Code DBSS0IN0388 for the Kengeri branch of Development Bank Of Singapore in Bangalore Urban, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0388. Transfers are processed in batches. 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. Asks for the recipient's account details and Development Bank Of Singapore IFSC Code DBSS0IN0388.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Development Bank Of Singapore Kengeri in Bangalore Urban, it may result in delayed or failed transactions.
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 Kengeri, 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 DBSS0IN0388.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is 1St Main Road,Next To Lic No.1108,4Th Cross,Kengeri Satelite Townbangalore Urban560060Ka located in Bangalore Urban, Bangalore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.