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Standard Chartered Bank

DWARKA BRANCH BRANCH

+911123406202

IFSC CODE
SCBL0036028
MICR Code 110036007
Branch Code 036028
City / District NEW DELHI
State DELHI
Office Address HL WINGS, POCKET 4
Phone +911123406202
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Standard Chartered Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the DWARKA BRANCH branch of Standard Chartered Bank, the code SCBL0036028 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the SCBL0036028 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"SCBL" represents Standard Chartered Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for DWARKA BRANCH

Payment Systems Supported by SCBL0036028

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—110036007—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Standard Chartered Bank in NEW DELHI typically follows the RBI holiday calendar. Digital transfers via SCBL0036028 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While SCBL0036028 is the valid code for DWARKA BRANCH at NEW DELHI, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

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Branch Context

  • • DWARKA BRANCH Contact
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Platform Links

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