Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Standard Chartered Bank for its Borivali branch in Mumbai, Greater Bombay, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Standard Chartered Bank located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SCBL0036067. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Standard Chartered Bank, Borivali, Mumbai

The table below shows the main details of the IFSC Code SCBL0036067 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 SCBL0036067
Branch Borivali
City Mumbai
District Greater Bombay
State Maharashtra
Address Aditya Apts, Cts No. 639,

These details helps users in online banking and for businesses and individuals who use Standard Chartered Bank in Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SCBL0036067 for the Borivali 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 Borivali, Mumbai, Maharashtra, are allotted a unique IFSC like SCBL0036067 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 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 makes sure that money sent to Standard Chartered Bank in Borivali reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code SCBL0036067

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 Borivali in Mumbai.

For example, the IFSC Code SCBL0036067 of Standard Chartered Bank for the Borivali 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 trying to find the IFSC Code SCBL0036067 of Standard Chartered Bank for its Borivali branch located in Mumbai, 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

Most banks, including Standard Chartered Bank branches in Mumbai and Greater Bombay, print the IFSC and MICR codes 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 Borivali or Mumbai to get the exact IFSC Code SCBL0036067.

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 Mumbai, you'll get the correct details.

How to Use IFSC Code SCBL0036067 for Online Transfers?

Once you have the IFSC Code SCBL0036067 for the Borivali branch of Standard Chartered Bank in Mumbai, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SCBL0036067. Transfers are processed in batches. This is suitable for 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 SCBL0036067.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Standard Chartered Bank Borivali in Mumbai may result in delayed or failed transactions.

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 Borivali, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Mumbai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

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

The IFSC Code is SCBL0036067.

Is the IFSC Code SCBL0036067 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 Borivali?

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 Borivali branch?

The address of the branch is Aditya Apts, Cts No. 639, located in Mumbai, Greater Bombay, Maharashtra.

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.

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