DBS IFSC CODE

The government of Singapore founded the Development Bank of Singapore (DBS) in 1968. It is now one of the largest banks in Asia. It is even the largest bank in terms of assets in South Asia. When DBS was established in India, RBI provided an Indian Financial System Code (IFSC). This code was given to every bank to allow fund transfers from one bank to another. With the help of the IFSC code, DBS provides transactions via RTGS, IMPS, and NEFT to their customers. 

DBS Bank IFSC Code Structure

The DBS bank IFSC code is an 11-digit alphanumeric code. The first four digits are the bank’s name, the fifth character is zero for future purposes, and the last six digits help locate the bank branch. IFSC code structure is designed in such a way that it can identify the source bank as well as the destination bank.

For instance, DBSS0000001 is an IFSC code of the Development Bank of Singapore. Here, DBS stands for the bank’s name, 0 for future purposes and 000001 for locating the branch address. 

How to Find DBS Bank IFSC Code?

Here are different ways for you to find the IFSC code of your bank branch;

You can check this 11 digit alphanumeric code on your cheque leaf or passbook. Both the passbook and chequebook have all information regarding your account details. The IFSC code is usually printed on the lower middle side of every cheque leaf. You can also refer to the bank statement for the same.

While transferring, if you do not have your cheque book or passbook, you can go on DBS’s official website and know your IFSC code.