STANDARD CHARTERED BANK IFSC CODE

Standard Chartered IFSC Code Overview

The Government of India and the Reserve Bank of India have introduced e-transfer of funds using NEFT and RTGS. Since then, the nature of transactions has changed drastically. These online transactions lead to document free paperwork and long wait times. However, to continue these transactions you must use an IFSC code and MICR code. Each branch of every bank has a different IFSC code. Similarly, the Standard Chartered Bank IFSC code helps in making digital payments.

The Standard Chartered Bank IFSC Code enhances the speed, efficiency, security and accuracy of digital money transactions.

MICR Code of Standard Chartered Bank

There are two codes for every bank, namely – the IFSC code and MICR code. MICE code is printed using a Magnetic Ink Character Recognition Technology on cheques. MICR code is a 9-digit code that helps in the identification of the bank branch. The MICR code for the two branches of Standard Chartered Bank is different. MICR code is printed on the chequebook. The cheque book is issued by the Standard Chartered Bank to all its customers.

Standard Chartered Credit Card IFSC Code

Yes, Standard Chartered Bank also has a Credit Card IFSC Code. It is written on the credit card issued by the Standard Chartered Bank to its customer. To know the credit card IFSC code you can also visit the official website of the bank to get the code. This credit card IFSC code is mandatory and beneficial to make NEFT payments using a credit card.

Standard Chartered IFSC Code Format

Indian Financial System Code has 11 digits. These 11 digits have both alphabet and numeric characters. Every branch of the bank has its own assigned IFSC codes.

The IFSC has three different parts:

• The first four characters are alphabetical. These alphabets represent the name of the bank in short form.  
• After these four digits comes zero which is for future use only.
• Now, the third part has six digits. These digits are numeric. These numeric digits indicate a particular branch.

Here is an example:

The Standard Chartered Bank IFSC Code is SCBL0036097.

SCBL – four alphabets defining the bank name.

0 – for future purposes.

0036097 – Standard Chartered Bank Branch Code.

How to Find Standard Chartered IFSC Code on a Bank Cheque?

Standard Chartered Bank branches offer NEFT and RTGS transactions. It simply means that if you are a client of Standard Chartered Bank then you can transfer the funds electronically using these procedures. So, fill the form with all the details of your bank account along with IFSC.

You can check the IFSC and MICR code on the cheque leave issued by the bank.