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IFSC Code of Development Bank Of Singapore, Raipur, Raipur, Chandigarh — DBSS0IN0610

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 Raipur branch in Raipur, Raipur, Chandigarh, 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 Raipur or anywhere in Chandigarh can easily transfer funds instantly by using the correct IFSC Code DBSS0IN0610. 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, Raipur, Raipur

The table below shows the main details of the IFSC Code DBSS0IN0610 for the Development Bank Of Singapore branch in Raipur, which falls under the Raipur district in Chandigarh.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0610
Branch Raipur
City Raipur
District Raipur
State Chandigarh
Address Near Hotel Puneet International,Pandri Door No.B,43-48,Pandri Cloth Market Raipurraipur492004Ch

These details are essential not only for online banking users but also for businesses and individuals who use Development Bank Of Singapore in Raipur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DBSS0IN0610 for the Raipur 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, along with Development Bank Of Singapore located in Raipur, Raipur, Chandigarh, are given a unique IFSC like DBSS0IN0610 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Raipur.
  • 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 Raipur and Raipur.
  • 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 Raipur goes to the correct branch. This is important because Development Bank Of Singapore has thousands of branches in Chandigarh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code DBSS0IN0610

This is the format of the IFSC Code for banks, including Development Bank Of Singapore, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Development Bank Of Singapore, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Raipur in Raipur.

For example, the IFSC Code DBSS0IN0610 of Development Bank Of Singapore for the Raipur branch includes these elements, identifying the bank and the branch location in Raipur and Chandigarh accurately.

How to Find IFSC Code for Development Bank Of Singapore?

If you are looking for the IFSC Code DBSS0IN0610 of Development Bank Of Singapore for its Raipur branch located in Raipur, the following methods can help:

Cheque Book

The cheque book that is issued by Development Bank Of Singapore includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Development Bank Of Singapore branches in Raipur and Raipur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Development Bank Of Singapore and look for the branch locator section, then search for Raipur or Raipur to get the exact IFSC Code DBSS0IN0610.

Mobile Banking App

If you use Development Bank Of Singapore's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Development Bank Of Singapore and Raipur, then it will provide you proper information.

How to Use IFSC Code DBSS0IN0610 for Online Transfers?

Once you have the IFSC Code DBSS0IN0610 for the Raipur branch of Development Bank Of Singapore in Raipur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code DBSS0IN0610. 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 DBSS0IN0610.

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 Raipur in Raipur, your payment can get delayed or might not go through at all.

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 Raipur, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Raipur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Development Bank Of Singapore in Raipur, Raipur?

The IFSC Code is DBSS0IN0610.

Is the IFSC Code DBSS0IN0610 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Development Bank Of Singapore Raipur?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Raipur branch?

The address of the branch is Near Hotel Puneet International,Pandri Door No.B,43-48,Pandri Cloth Market Raipurraipur492004Ch located in Raipur, Raipur, Chandigarh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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