There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Standard Chartered Bank for its Patna branch in Patna, Patna, Bihar, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Standard Chartered Bank situated in Patna or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code SCBL0036017. You should 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, Patna, Patna

Here are the main details that are associated with the IFSC Code SCBL0036017 of Standard Chartered Bank for its branch located in Patna, within the district of Patna in the state of Bihar.

Particulars Details
Bank Standard Chartered Bank
IFSC Code SCBL0036017
Branch Patna
City Patna
District Patna
State Bihar
Address Bhagwati Dwaraka Arcade Plot 830P

These details helps users in online banking and for businesses and individuals who use Standard Chartered Bank in Patna for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SCBL0036017 for the Patna 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 Patna, Patna, Bihar, are given a unique IFSC like SCBL0036017 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Patna.
  • 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 Patna and Patna.
  • 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 Patna goes to the correct branch. This is important because Standard Chartered Bank has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SCBL0036017

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 Patna in Patna.

For example, the IFSC Code SCBL0036017 of Standard Chartered Bank for the Patna branch has these elements, identifying the bank and the branch location in Patna and Bihar correctly.

How to Find IFSC Code for Standard Chartered Bank?

To find the IFSC Code SCBL0036017 of Standard Chartered Bank for its Patna branch located in Patna, the following methods can help you out:

Cheque Book

The cheque book issued by Standard Chartered Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Standard Chartered Bank branches in Patna and Patna, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Standard Chartered Bank and go to the branch locator section. Then search for Patna or Patna to find the exact IFSC Code SCBL0036017.

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 maintains an updated database of all IFSC codes. Searching for Standard Chartered Bank and Patna will provide accurate information.

How to Use IFSC Code SCBL0036017 for Online Transfers?

Once you have the IFSC Code SCBL0036017 for the Patna branch of Standard Chartered Bank in Patna, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SCBL0036017. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SCBL0036017.

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 Patna in Patna, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Standard Chartered Bank in Patna, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Standard Chartered Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Patna manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

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

The IFSC Code is SCBL0036017.

Is the IFSC Code SCBL0036017 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 Patna?

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 Patna branch?

The address of the branch is Bhagwati Dwaraka Arcade Plot 830P located in Patna, Patna, Bihar.

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.