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St

Standard Chartered Bank

SADASHIV NAGAR BRANCH

+919830066327

IFSC CODE
SCBL0036106
MICR Code
Branch Code 036106
City / District BANGALORE
State KARNATAKA
Office Address GROUND FLOOR, 14, SANKEY ROAD, SADASHIV NAGAR, LOWER PALACE, ORCHARDS, GUTTAHALLI, BANAGALORE - 560003
Phone +919830066327
📍 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 SADASHIV NAGAR branch of Standard Chartered Bank, the code SCBL0036106 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 SCBL0036106 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 SADASHIV NAGAR

Payment Systems Supported by SCBL0036106

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——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 BANGALORE typically follows the RBI holiday calendar. Digital transfers via SCBL0036106 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 SCBL0036106 is the valid code for SADASHIV NAGAR at BANGALORE, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

  • • Standard Chartered Bank Branch List
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Financial Tools

  • • GST Calculator Online
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Branch Context

  • • SADASHIV NAGAR Contact
  • • Address of Standard Chartered Bank
  • • MICR Code Finder
  • • KARNATAKA Banking Circle

Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
  • • Webmaster Tools
  • • IFSC Finder v2.0

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