IFSC Code of Development Bank Of Singapore, Koramangala Branch, Bangalore, Karnataka — DBSS0IN0167

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Development Bank Of Singapore for its Koramangala Branch branch in Bangalore Urban, Bangalore, or Karnataka, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Development Bank Of Singapore located in Bangalore Urban or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code DBSS0IN0167. You should definitely 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, Koramangala Branch, Bangalore Urban

The table below shows the main details of the IFSC Code DBSS0IN0167 for the Development Bank Of Singapore branch in Bangalore Urban, which falls under the Bangalore district in Karnataka.

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 DBSS0IN0167 for the Koramangala Branch 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 that is provided by the Reserve Bank of India. A unique IFSC like DBSS0IN0167 is given to every bank branch, including Development Bank Of Singapore located in Koramangala Branch, Bangalore Urban, Karnataka, to make sure that online payments reach the right place.

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 kind of confusion between multiple branches of the same bank across different places like Bangalore Urban and Bangalore.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Koramangala Branch doesn't end up at another location.

Format of the IFSC Code DBSS0IN0167

The format of the IFSC Code for banks, including Development Bank Of Singapore, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Development Bank Of Singapore, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Koramangala Branch in Bangalore Urban.

For example, the IFSC Code DBSS0IN0167 of Development Bank Of Singapore for the Koramangala Branch 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 DBSS0IN0167 of Development Bank Of Singapore for its Koramangala Branch 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 Koramangala Branch or Bangalore Urban to get the exact IFSC Code DBSS0IN0167.

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 DBSS0IN0167 for Online Transfers?

Once you have the IFSC Code DBSS0IN0167 for the Koramangala Branch branch of Development Bank Of Singapore in Bangalore Urban, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0167. 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 DBSS0IN0167.

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 Koramangala Branch in Bangalore Urban 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 Koramangala Branch, 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 Urban manage online transfers as well as cheque clearances with ease.