IFSC Code of Standard Chartered Bank, Lokhandwala, Greater Bombay, Maharashtra- SCBL0036053

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Standard Chartered Bank for its Lokhandwala branch in Mumbai, Greater Bombay, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly 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 SCBL0036053. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

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

Here are the key points that are associated with the IFSC Code SCBL0036053 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 SCBL0036053 for the Lokhandwala 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 Lokhandwala, Mumbai, Maharashtra, is provided a unique IFSC like SCBL0036053 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Standard Chartered Bank branch in Mumbai.
• 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 Mumbai and Greater Bombay.
• 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Standard Chartered Bank in Lokhandwala do not get misguided to another person.

Format of the IFSC Code SCBL0036053

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 Lokhandwala in Mumbai.

For example, the IFSC Code SCBL0036053 of Standard Chartered Bank for the Lokhandwala branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.

How to Find IFSC Code for Standard Chartered Bank?

If you are looking for the IFSC Code SCBL0036053 of Standard Chartered Bank for its Lokhandwala 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 Lokhandwala or Mumbai to get the exact IFSC Code SCBL0036053.

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 SCBL0036053 for Online Transfers?

Once you have the IFSC Code SCBL0036053 for the Lokhandwala 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 SCBL0036053. 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 SCBL0036053.

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 Lokhandwala in Mumbai, it can 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 Lokhandwala, 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.