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 142 Mg Road branch in Kolkata, Kolkata, West Bengal, 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 Kolkata or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code SCBL0036002. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Standard Chartered Bank, 142 Mg Road, Kolkata
The table below shows the main details of the IFSC Code SCBL0036002 for the Standard Chartered Bank branch in Kolkata, which falls under the Kolkata district in West Bengal.
| Particulars | Details |
|---|---|
| Bank | Standard Chartered Bank |
| IFSC Code | SCBL0036002 |
| Branch | 142 Mg Road |
| City | Kolkata |
| District | Kolkata |
| State | West Bengal |
| Address | 142 Mg Road |
These details helps users in online banking and for businesses and individuals who use Standard Chartered Bank in Kolkata for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SCBL0036002 for the 142 Mg Road 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Standard Chartered Bank located in 142 Mg Road, Kolkata, West Bengal, is provided a unique IFSC like SCBL0036002 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Standard Chartered Bank branch in Kolkata.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Kolkata and Kolkata.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across West Bengal and the rest of India, the IFSC Code ensures that transactions meant for Standard Chartered Bank in 142 Mg Road do not get misguided to another person.
Format of the IFSC Code SCBL0036002
The format of the IFSC Code for banks, including Standard Chartered Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Standard Chartered Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as 142 Mg Road in Kolkata.
For example, the IFSC Code SCBL0036002 of Standard Chartered Bank for the 142 Mg Road branch includes these elements, identifying the bank and the branch location in Kolkata and West Bengal accurately.
How to Find IFSC Code for Standard Chartered Bank?
If you are trying to find the IFSC Code SCBL0036002 of Standard Chartered Bank for its 142 Mg Road branch located in Kolkata, the following methods can help:
Cheque Book
The cheque books that are issued by Standard Chartered Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Standard Chartered Bank branches in Kolkata and Kolkata, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Standard Chartered Bank and find the branch locator section. Search for 142 Mg Road or Kolkata to get the exact IFSC Code SCBL0036002.
Mobile Banking App
If you use Standard Chartered Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Standard Chartered Bank and Kolkata that will provide accurate information.
How to Use IFSC Code SCBL0036002 for Online Transfers?
Once you have the IFSC Code SCBL0036002 for the 142 Mg Road branch of Standard Chartered Bank in Kolkata, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SCBL0036002. 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 Standard Chartered Bank IFSC Code SCBL0036002.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Standard Chartered Bank 142 Mg Road in Kolkata, your payment can get delayed or might not go through at all.
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 142 Mg Road, 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 Kolkata manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SCBL0036002.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is 142 Mg Road located in Kolkata, Kolkata, West Bengal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
