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 Gurgaon branch in Gurgaon, Gurgaon, Haryana, 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 Gurgaon or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code DBSS0IN0858. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Development Bank Of Singapore, Gurgaon, Gurgaon
Here are the main details that are associated with the IFSC Code DBSS0IN0858 of Development Bank Of Singapore for its branch located in Gurgaon, within the district of Gurgaon in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0858 |
| Branch | Gurgaon |
| City | Gurgaon |
| District | Gurgaon |
| State | Haryana |
| Address | Ugf, Tower C, Dlf Building 10, Dlf Cyber City, Gurgaon, 122002 |
These details are essential not only for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Gurgaon for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0858 for the Gurgaon branch of Development Bank Of Singapore plays 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 Gurgaon, Gurgaon, Haryana, is provided with a unique IFSC like DBSS0IN0858 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 Gurgaon.
- 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 Gurgaon and Gurgaon.
- 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 Haryana and the rest of India and the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Gurgaon do not get mixed with another location.
Format of the IFSC Code DBSS0IN0858
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 Gurgaon in Gurgaon.
For example, the IFSC Code DBSS0IN0858 of Development Bank Of Singapore for the Gurgaon branch includes these elements, identifying the bank and the branch location in Gurgaon and Haryana accurately.
How to Find IFSC Code for Development Bank Of Singapore?
If you are trying to find the IFSC Code DBSS0IN0858 of Development Bank Of Singapore for its Gurgaon branch located in Gurgaon, the following methods can help:
Cheque Book
The cheque books that are issued by Development Bank Of Singapore include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Development Bank Of Singapore branches in Gurgaon and Gurgaon, 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 find the branch locator section. Search for Gurgaon or Gurgaon to get the exact IFSC Code DBSS0IN0858.
Mobile Banking App
If you use Development Bank Of Singapore's mobile app, you can easily 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 to help you in searching for Development Bank Of Singapore and Gurgaon that will provide accurate information.
How to Use IFSC Code DBSS0IN0858 for Online Transfers?
Once you have the IFSC Code DBSS0IN0858 for the Gurgaon branch of Development Bank Of Singapore in Gurgaon, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0858. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Development Bank Of Singapore IFSC Code DBSS0IN0858.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Development Bank Of Singapore Gurgaon in Gurgaon, it can 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 Gurgaon, 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 Gurgaon to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is DBSS0IN0858.
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 Ugf, Tower C, Dlf Building 10, Dlf Cyber City, Gurgaon, 122002 located in Gurgaon, Gurgaon, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.