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Development Bank of Singapore

BANNERGHATTA MAIN ROAD, BANGALORE BRANCH

+918026487744

IFSC CODE
DBSS0IN0142
MICR Code 560641013
Branch Code IN0142
City / District BENGALURU
State KARNATAKA
Office Address 309, GROUND FLOOR,15TH CROSS,100 FEET RING ROAD, DELMIA CIRCLE, JP NAGAR 5TH PHASE, JP NAGAR III PHASE BANGALORE- 560078
Phone +918026487744
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Development Bank of Singapore

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the BANNERGHATTA MAIN ROAD, BANGALORE branch of Development Bank of Singapore, the code DBSS0IN0142 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the DBSS0IN0142 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"DBSS" represents Development Bank of Singapore

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for BANNERGHATTA MAIN ROAD, BANGALORE

Payment Systems Supported by DBSS0IN0142

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—560641013—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Development Bank of Singapore in BENGALURU typically follows the RBI holiday calendar. Digital transfers via DBSS0IN0142 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While DBSS0IN0142 is the valid code for BANNERGHATTA MAIN ROAD, BANGALORE at BENGALURU, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

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Branch Context

  • • BANNERGHATTA MAIN ROAD, BANGALORE Contact
  • • Address of Development Bank of Singapore
  • • MICR Code Finder
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Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
  • • Webmaster Tools
  • • IFSC Finder v2.0

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