For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Development Bank Of Singapore for its Gandhinagar branch in Gandhinagar, Gandhinagar, Gujarat, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Development Bank Of Singapore located in Gandhinagar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code DBSS0IN0280. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Development Bank Of Singapore, Gandhinagar, Gandhinagar
Below in the table are the key details related to IFSC Code DBSS0IN0280 of Development Bank Of Singapore for its branch located in Gandhinagar, within the district of Gandhinagar in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0280 |
| Branch | Gandhinagar |
| City | Gandhinagar |
| District | Gandhinagar |
| State | Gujarat |
| Address | Sector -21 Plot No.154,Near Chandan Electronics Gandhinagargandhinagar382021Gj |
These details help users in online banking and for businesses and individuals who use Development Bank Of Singapore in Gandhinagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0280 for the Gandhinagar 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 Gandhinagar, Gandhinagar, Gujarat, are given a unique IFSC like DBSS0IN0280 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Gandhinagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Gandhinagar and Gandhinagar.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Development Bank Of Singapore in Gandhinagar goes to the correct branch. This is important because Development Bank Of Singapore has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code DBSS0IN0280
The format of the IFSC Code for banks, including Development Bank Of Singapore, has 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 Gandhinagar in Gandhinagar.
For example, the IFSC Code DBSS0IN0280 of Development Bank Of Singapore for the Gandhinagar branch includes these elements, identifying the bank and the branch location in Gandhinagar and Gujarat correctly.
How to Find IFSC Code for Development Bank Of Singapore?
If you are trying to find the IFSC Code DBSS0IN0280 of Development Bank Of Singapore for its Gandhinagar branch located in Gandhinagar, 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 Gandhinagar and Gandhinagar, 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 Gandhinagar or Gandhinagar to get the exact IFSC Code DBSS0IN0280.
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 Gandhinagar, you'll get the correct details.
How to Use IFSC Code DBSS0IN0280 for Online Transfers?
Once you have the IFSC Code DBSS0IN0280 for the Gandhinagar branch of Development Bank Of Singapore in Gandhinagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code DBSS0IN0280. The transfer is completed in batches instead of instantly. It is useful for both 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 DBSS0IN0280.
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 Gandhinagar in Gandhinagar, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Development Bank Of Singapore in Gandhinagar, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Development Bank Of Singapore website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Gandhinagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is DBSS0IN0280.
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 Sector -21 Plot No.154,Near Chandan Electronics Gandhinagargandhinagar382021Gj located in Gandhinagar, Gandhinagar, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.