IFSC Code of Standard Chartered Bank, Dadar, Greater Bombay, Maharashtra — SCBL0036055

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 Dadar 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 SCBL0036055. 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, Dadar, Mumbai

Below in the table are the key details related to IFSC Code SCBL0036055 of Standard Chartered Bank for its branch located in Mumbai, within the district of Greater Bombay in the state of Maharashtra.

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 SCBL0036055 for the Dadar 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 Dadar, Mumbai, Maharashtra, are given a unique IFSC like SCBL0036055 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 Dadar 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 SCBL0036055

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): These represent the bank code. In Standard Chartered Bank, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Dadar in Mumbai.

For example, the IFSC Code SCBL0036055 of Standard Chartered Bank for the Dadar branch has 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 SCBL0036055 of Standard Chartered Bank for its Dadar 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

You can easily find the IFSC and MICR codes because most banks, including Standard Chartered Bank branches in Mumbai and Greater Bombay, 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 Dadar or Mumbai to get the exact IFSC Code SCBL0036055.

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 SCBL0036055 for Online Transfers?

Once you have the IFSC Code SCBL0036055 for the Dadar branch of Standard Chartered Bank in Mumbai, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SCBL0036055. 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 SCBL0036055.

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 Dadar in Mumbai, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Standard Chartered Bank in Dadar, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Mumbai manage their online transfers and cheque clearances easily.