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 Jammikunta branch in Karimnagar, Jammikunta, Telangana, 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 Karimnagar or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code DBSS0IN0333. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Development Bank Of Singapore, Jammikunta, Karimnagar
Here are some of the key details that come with the IFSC Code DBSS0IN0333 of Development Bank Of Singapore for its branch located in Karimnagar, within the district of Jammikunta in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Development Bank Of Singapore |
| IFSC Code | DBSS0IN0333 |
| Branch | Jammikunta |
| City | Karimnagar |
| District | Jammikunta |
| State | Telangana |
| Address | Huzurabad Road,Jammikunta 723,Near Sri Rama Multi Speciality Hospital Jammikunta,Jammikunta,Ts -505122 |
These details helps users in online banking and for businesses and individuals who use Development Bank Of Singapore in Karimnagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0333 for the Jammikunta branch of Development Bank Of Singapore plays a vital 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 Jammikunta, Karimnagar, Telangana, is provided with a unique IFSC like DBSS0IN0333 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 Karimnagar.
- 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 Karimnagar and Jammikunta.
- 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 Telangana and the rest of India and the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Jammikunta do not get mixed with another location.
Format of the IFSC Code DBSS0IN0333
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 Jammikunta in Karimnagar.
For example, the IFSC Code DBSS0IN0333 of Development Bank Of Singapore for the Jammikunta branch includes these elements, identifying the bank and the branch location in Karimnagar and Telangana accurately.
How to Find IFSC Code for Development Bank Of Singapore?
If you are trying to find the IFSC Code DBSS0IN0333 of Development Bank Of Singapore for its Jammikunta branch located in Karimnagar, 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 Karimnagar and Jammikunta, 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 Jammikunta or Karimnagar to get the exact IFSC Code DBSS0IN0333.
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 Karimnagar, you'll get the correct details.
How to Use IFSC Code DBSS0IN0333 for Online Transfers?
Once you have the IFSC Code DBSS0IN0333 for the Jammikunta branch of Development Bank Of Singapore in Karimnagar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DBSS0IN0333. 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 DBSS0IN0333.
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 Jammikunta in Karimnagar 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 Jammikunta, 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 Karimnagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is DBSS0IN0333.
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 Huzurabad Road,Jammikunta 723,Near Sri Rama Multi Speciality Hospital Jammikunta,Jammikunta,Ts -505122 located in Karimnagar, Jammikunta, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.