There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Development Bank Of Singapore for its Jaipur branch in Jaipur, Jaipur, Rajasthan, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Development Bank Of Singapore situated in Jaipur or anywhere in Rajasthan can easily transfer funds instantly by using the correct IFSC Code DBSS0IN0341. You should 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, Jaipur, Jaipur
Below in the table are the key details related to IFSC Code DBSS0IN0341 of Development Bank Of Singapore for its branch located in Jaipur, within the district of Jaipur in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0341 |
| Branch | Jaipur |
| City | Jaipur |
| District | Jaipur |
| State | Rajasthan |
| Address | Plot No-1, Unit No G5-8,Felicity Tower, Ground Floor, Shahkar Marg, Lalkothi, Jaipur, Rajasthan- 302015 |
These details help users in online banking and for businesses and individuals who use Development Bank Of Singapore in Jaipur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0341 for the Jaipur 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 Jaipur, Jaipur, Rajasthan, are given a unique IFSC like DBSS0IN0341 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jaipur.
- 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 Jaipur and Jaipur.
- 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 Jaipur goes to the correct branch. This is important because Development Bank Of Singapore has thousands of branches in Rajasthan and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code DBSS0IN0341
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 Jaipur in Jaipur.
For example, the IFSC Code DBSS0IN0341 of Development Bank Of Singapore for the Jaipur branch includes these elements, identifying the bank and the branch location in Jaipur and Rajasthan correctly.
How to Find IFSC Code for Development Bank Of Singapore?
If you are trying to find the IFSC Code DBSS0IN0341 of Development Bank Of Singapore for its Jaipur branch located in Jaipur, 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 Jaipur and Jaipur, 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 Jaipur or Jaipur to get the exact IFSC Code DBSS0IN0341.
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 Jaipur that will provide accurate information.
How to Use IFSC Code DBSS0IN0341 for Online Transfers?
Once you have the IFSC Code DBSS0IN0341 for the Jaipur branch of Development Bank Of Singapore in Jaipur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0341. 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 DBSS0IN0341.
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 Jaipur in Jaipur 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 Jaipur, 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 Jaipur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is DBSS0IN0341.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Plot No-1, Unit No G5-8,Felicity Tower, Ground Floor, Shahkar Marg, Lalkothi, Jaipur, Rajasthan- 302015 located in Jaipur, Jaipur, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.