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 23-25 M G Road branch in Mumbai, Greater Bombay, Maharashtra, 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 Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SCBL0036084. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Standard Chartered Bank, 23-25 M G Road, Mumbai
The table below shows the main details of the IFSC Code SCBL0036084 for the Standard Chartered Bank branch in Mumbai, which falls under the Greater Bombay district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Standard Chartered Bank |
| IFSC Code | SCBL0036084 |
| Branch | 23-25 M G Road |
| City | Mumbai |
| District | Greater Bombay |
| State | Maharashtra |
| Address | Opp. Vsnl |
These details are essential not only for online banking users but also for businesses and individuals who use Standard Chartered Bank in Mumbai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SCBL0036084 for the 23-25 M G Road branch of Standard Chartered Bank plays an important 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 23-25 M G Road, Mumbai, Maharashtra, are given a unique IFSC like SCBL0036084 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mumbai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Mumbai and Greater Bombay.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Standard Chartered Bank in 23-25 M G Road goes to the correct branch. This is important because Standard Chartered Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SCBL0036084
The format of the IFSC Code for banks, including Standard Chartered Bank, has 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 23-25 M G Road in Mumbai.
For example, the IFSC Code SCBL0036084 of Standard Chartered Bank for the 23-25 M G Road branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra correctly.
How to Find IFSC Code for Standard Chartered Bank?
If you are looking for the IFSC Code SCBL0036084 of Standard Chartered Bank for its 23-25 M G Road branch located in Mumbai, the following methods can help:
Cheque Book
The cheque book that is issued by Standard Chartered Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Standard Chartered Bank branches in Mumbai and Greater Bombay, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Standard Chartered Bank and look for the branch locator section, then search for 23-25 M G Road or Mumbai to get the exact IFSC Code SCBL0036084.
Mobile Banking App
If you use Standard Chartered Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Standard Chartered Bank and Mumbai, then it will provide you proper information.
How to Use IFSC Code SCBL0036084 for Online Transfers?
Once you have the IFSC Code SCBL0036084 for the 23-25 M G Road branch of Standard Chartered Bank in Mumbai, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SCBL0036084. 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 SCBL0036084.
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 23-25 M G Road in Mumbai, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Standard Chartered Bank in 23-25 M G Road, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Standard Chartered Bank website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Mumbai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SCBL0036084.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Opp. Vsnl located in Mumbai, Greater Bombay, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.