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Development Bank Of Singapore

RBI has allotted IFSC codes to all the bank branches in India to easily identify transactions done through a particular branch. IFSC codes are unique 11-digit codes with alphanumeric characters, which are given to all bank branches and the code won't repeat. It is mandatory to enter IFSC code or MICR code to identify the branches to perform fund or cash transactions. Without this code the bank branches can't transfer funds.

These codes help the users to ensure that the transferred funds go to the right person, without any errors.

For example, we can take the IFSC code: “DBSS0IN0856” of the DBS Bank India Limited branch in Raj Bhavan Road, Hyderabad, Andhra Pradesh. This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any DBS Bank India Limited account or to other bank accounts.

  • Here, the first four alphabets, DBSS, indicate the bank name, i.e., DBS Bank India Limited.
  • The fifth digit is 0 (zero) - provided for future use
  • The last six digits IN0856 - denotes a particular branch of Raj Bhavan Road, Hyderabad, Andhra Pradesh.

RBI has allotted IFSC codes for all banks in India to find out the branches when money transfers take place. According to RBI guidelines, the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India. With help of IFSC codes and MICR codes, the online fund transfers are made easy without any confusion. The first four Characters mentioned in IFSC code denote the bank names and the last six digits helps to identify the bank branch name involved in the transaction. The fifth digit is zero for all banks which is next to alphabets provided for future use. This code helps to avoid the risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches the right account holder at the specified branch.

Easy way to find DBS Bank India Limited IFSC Code and MICR Code?

If the customer knows the full name of the bank and its branch location, then it is easy to find IFSC codes and MICR codes within a few seconds. The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by DBS Bank India Limited.

The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter on the bank’s official website. Some of the third-party financial websites or other advertisement websites are also rendering the service to get IFSC codes of any bank and its branches located in India.

Some of the popular financial comparison sites display the table carrying IFSC codes for DBS Bank India Limited branches throughout India. Any account holder visiting the website can choose the Bank IFSC code link present on the home page. Customers by clicking the link will lead to another page where four columns are displayed. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC codes or MICR codes for DBS Bank India Limited. The website displays all details about the bank such as the phone number, address of the branch, name, branch code etc.

Development Bank Of Singapore Branch Details

About the Development Bank of Singapore

  • Development Bank of Singapore is shortly denoted as DBS Bank is a leading financial services group in Asia with a presence in many markets. DBS Bank, having its headquarter in Singapore, launched DBS Bank India Limited (DBIL), its locally incorporated wholly owned subsidiary, recently. In India, DBS Bank India Limited set up a representation office in 1994 and opened its first bank branch in 1995. It currently operates in 12 cities: Delhi, Mumbai, Bengaluru, Chennai, Kolkata, Pune, Nashik, Surat, Kolhapur, Salem, Cuddalore and Moradabad. This marks a key milestone for the bank, which has been present in India for 25 years.

  • DBIL intends to establish over 100 customer touchpoints, a combination of branches and kiosks – across 25 cities in the next few years. Recently, DBIL opened nine new branches and extended its reach to Hyderabad, Ahmedabad, Coimbatore, Vadodara, Indore and Ludhiana.

  • In addition, it planned to expand in cities where it is already present and opening branches in Andheri in Mumbai, as well as Gurugram and Noida in the National Capital Region. It will also open five branches in unbanked rural centres.

  • In 2016, it launched digibank, a ground-breaking mobile-only offering, in India. It started piloting data-driven lending solutions for small and medium enterprises. The creation of a full-fledged subsidiary in India allows to scale up further and bring to customers a more compelling proposition. DBS, which was named Best Bank in the World in 2018, has been on an ongoing journey to shape the future of banking. Since the launch of digibank by DBS nearly two years ago, the bank has acquired over 2.5 million digibank customers in India.

  • In addition to savings accounts, digibank also offers unsecured loans and is the first to offer paperless onboarding for mutual fund investments from multiple fund houses. DBS India was also the first to offer the choice of multiple life insurance providers based on an analytics-driven platform. For businesses, the bank launched a first-of-its-kind connected banking platform, integrating its e-banking solution with one of India’s leading accounting and ERP software platforms.

  • With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. The bank acknowledges the passion, commitment and can-do spirit in all of our 26,000 staff, representing over 40 nationalities.
Address : DBS Bank India Limited,
Capitol Point, Baba Kharak Singh Marg,
Connaught Place, New Delhi – 110 001.
For further details contact: 1860 267 1234, 1800 209 4555.

Development Bank Of Singapore Delhi Branch IFSC Code

    City Branch IFSC Code
    New Delhi New Delhi DBSS0IN0820

Development Bank Of Singapore Gujarat Branch IFSC Code

Development Bank Of Singapore Karnataka Branch IFSC Code

    City Branch IFSC Code
    Bangalore Bangalore DBSS0IN0827

Development Bank Of Singapore Maharashtra Branch IFSC Code

Development Bank Of Singapore Rajasthan Branch IFSC Code

Development Bank Of Singapore Tamil Nadu Branch IFSC Code

Development Bank Of Singapore Uttar Pradesh Branch IFSC Code

    City Branch IFSC Code
    Moradabad Moradabad DBSS0IN0833

Development Bank Of Singapore West Bengal Branch IFSC Code