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 Thane branch in Mumbai, Thane, 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 SCBL0036068. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

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

Here are some of the key details that come with the IFSC Code SCBL0036068 of Standard Chartered Bank for its branch located in Mumbai, within the district of Thane in the state of Maharashtra.

Particulars Details
Bank Standard Chartered Bank
IFSC Code SCBL0036068
Branch Thane
City Mumbai
District Thane
State Maharashtra
Address Hiranandani Meadows,Emerald Plaza

These details are important not only for users using online banking but also for businesses and individuals who use Standard Chartered Bank in Mumbai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SCBL0036068 for the Thane branch of Standard Chartered Bank is vital.

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 Thane, Mumbai, Maharashtra, are given a unique IFSC like SCBL0036068 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 Thane.
  • 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 Thane 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 SCBL0036068

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 Thane in Mumbai.

For example, the IFSC Code SCBL0036068 of Standard Chartered Bank for the Thane 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 looking for the IFSC Code SCBL0036068 of Standard Chartered Bank for its Thane 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 Thane, 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 Thane or Mumbai to get the exact IFSC Code SCBL0036068.

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 SCBL0036068 for Online Transfers?

Once you have the IFSC Code SCBL0036068 for the Thane 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 SCBL0036068. 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 SCBL0036068.

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 Thane 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 Thane, 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 Thane, Mumbai?

The IFSC Code is SCBL0036068.

Is the IFSC Code SCBL0036068 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 Thane?

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 Thane branch?

The address of the branch is Hiranandani Meadows,Emerald Plaza located in Mumbai, Thane, 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.