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 Standard Chartered Bank for its Bhubaneswar branch in Bhubaneswar, Khurda, Odisha, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Standard Chartered Bank located in Bhubaneswar or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SCBL0036018. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Standard Chartered Bank, Bhubaneswar, Bhubaneswar

Here are some of the key details that come with the IFSC Code SCBL0036018 of Standard Chartered Bank for its branch located in Bhubaneswar, within the district of Khurda in the state of Odisha.

Particulars Details
Bank Standard Chartered Bank
IFSC Code SCBL0036018
Branch Bhubaneswar
City Bhubaneswar
District Khurda
State Odisha
Address Ground Floor, Shop No. B/2, Bmc Bhawani Commercial Complex, Bhubaneshwar 751007, Odisha

These details helps users in online banking and for businesses and individuals who use Standard Chartered Bank in Bhubaneswar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SCBL0036018 for the Bhubaneswar branch of Standard Chartered Bank 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, along with Standard Chartered Bank located in Bhubaneswar, Bhubaneswar, Odisha, are allotted a unique IFSC like SCBL0036018 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Bhubaneswar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Bhubaneswar and Khurda.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Standard Chartered Bank in Bhubaneswar reaches the right place, even though there are thousands of branches in Odisha and across India.

Format of the IFSC Code SCBL0036018

The format of the IFSC Code for banks, including Standard Chartered Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Standard Chartered Bank, 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 Bhubaneswar in Bhubaneswar.

For example, the IFSC Code SCBL0036018 of Standard Chartered Bank for the Bhubaneswar branch includes these elements, identifying the bank and the branch location in Bhubaneswar and Odisha accurately.

How to Find IFSC Code for Standard Chartered Bank?

If you are trying to find the IFSC Code SCBL0036018 of Standard Chartered Bank for its Bhubaneswar branch located in Bhubaneswar, the following methods can help:

Cheque Book

The cheque book issued by Standard Chartered Bank 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 Standard Chartered Bank branches in Bhubaneswar and Khurda, print them on the first page of your passbook.

Bank Website

Visit the official website of Standard Chartered Bank and navigate to the branch locator section. Search for Bhubaneswar or Bhubaneswar to get the exact IFSC Code SCBL0036018.

Mobile Banking App

If you use Standard Chartered Bank'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 Standard Chartered Bank and Bhubaneswar, you'll get the correct details.

How to Use IFSC Code SCBL0036018 for Online Transfers?

Once you have the IFSC Code SCBL0036018 for the Bhubaneswar branch of Standard Chartered Bank in Bhubaneswar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SCBL0036018. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Standard Chartered Bank IFSC Code SCBL0036018.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Standard Chartered Bank Bhubaneswar in Bhubaneswar, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Standard Chartered Bank in Bhubaneswar, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Standard Chartered Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Bhubaneswar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Standard Chartered Bank in Bhubaneswar, Bhubaneswar?

The IFSC Code is SCBL0036018.

Is the IFSC Code SCBL0036018 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Standard Chartered Bank Bhubaneswar?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Bhubaneswar branch?

The address of the branch is Ground Floor, Shop No. B/2, Bmc Bhawani Commercial Complex, Bhubaneshwar 751007, Odisha located in Bhubaneswar, Khurda, Odisha.

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.