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 Jaipur branch in Jaipur, Jaipur, Rajasthan, 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 Jaipur or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code DBSS0IN0873. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Development Bank Of Singapore, Jaipur, Jaipur
Here are the main details that are associated with the IFSC Code DBSS0IN0873 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 | DBSS0IN0873 |
| Branch | Jaipur |
| City | Jaipur |
| District | Jaipur |
| State | Rajasthan |
| Address | Unit No. G5 To 8,Ground Floor,Felicity Tower,Plot No.1,Shankar Marg,Lal Kothi, Jaipur-302015 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Jaipur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0873 for the Jaipur 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, along with Development Bank Of Singapore located in Jaipur, Jaipur, Rajasthan, are given a unique IFSC like DBSS0IN0873 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 DBSS0IN0873
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 Jaipur in Jaipur.
For example, the IFSC Code DBSS0IN0873 of Development Bank Of Singapore for the Jaipur branch includes these elements, identifying the bank and the branch location in Jaipur and Rajasthan accurately.
How to Find IFSC Code for Development Bank Of Singapore?
If you are trying to find the IFSC Code DBSS0IN0873 of Development Bank Of Singapore for its Jaipur branch located in Jaipur, 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
Most banks, including Development Bank Of Singapore branches in Jaipur and Jaipur, print the IFSC and MICR codes 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 Jaipur or Jaipur to get the exact IFSC Code DBSS0IN0873.
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 Jaipur, you'll get the correct details.
How to Use IFSC Code DBSS0IN0873 for Online Transfers?
Once you have the IFSC Code DBSS0IN0873 for the Jaipur branch of Development Bank Of Singapore in Jaipur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code DBSS0IN0873. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 DBSS0IN0873.
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 Jaipur in Jaipur, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Development Bank Of Singapore in Jaipur, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Jaipur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is DBSS0IN0873.
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 Unit No. G5 To 8,Ground Floor,Felicity Tower,Plot No.1,Shankar Marg,Lal Kothi, Jaipur-302015 located in Jaipur, Jaipur, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.