IFSC Code of Standard Chartered Bank, Mg Road Branch, West Bengal

This page lists the IFSC code, branch address, contact number and fund-transfer information for Standard Chartered Bank, MG ROAD branch in KOLKATA. The 11-digit IFSC SCBL0036002 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Standard Chartered Bank at the MG ROAD location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, SCBL0036002 is the IFSC of Standard Chartered Bank's MG ROAD branch. The format is fixed: SCBL = bank code, 0 = reserved, 036002 = branch identifier.

Branch details at a glance

About the bank

Standard Chartered Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Mg Road branch in Kolkata, West Bengal is part of this network and uses the IFSC code SCBL0036002 for all electronic settlement.

About this branch

The branch is located at 142 MG ROAD. It serves the Kolkata region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Standard Chartered Bank. The IFSC SCBL0036002 is used to identify this branch on the RBI payments network.

Why every Standard Chartered Bank branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including MG ROAD of Standard Chartered Bank — its own 11-character IFSC. The code SCBL0036002 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC SCBL0036002 the same way you would treat your account number — verify it once and save it carefully for future use.

How to transfer money using IFSC SCBL0036002

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC SCBL0036002 across all three.

How to use IFSC SCBL0036002 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Standard Chartered Bank's MG ROAD branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC SCBL0036002.
4. Confirm the bank name auto-populates as Standard Chartered Bank and the branch as MG ROAD.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to MG ROAD

If you need to transfer ₹2 lakh or more in one go to an account at Standard Chartered Bank's MG ROAD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SCBL0036002 while initiating the transfer and the credit will appear within minutes.

IMPS to Standard Chartered Bank MG ROAD (IFSC SCBL0036002)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SCBL0036002 in your mobile or internet banking app, and the money is credited to the MG ROAD branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC SCBL0036002 for Standard Chartered Bank – MG ROAD, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the Mg Road branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

UPI payments and IFSC SCBL0036002

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Standard Chartered Bank – MG ROAD is still mapped to IFSC SCBL0036002. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC SCBL0036002 and the beneficiary's account number to complete the transfer.

Account types you can open at the Mg Road branch

Once you have an account at Standard Chartered Bank – MG ROAD, the IFSC SCBL0036002 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Banking services available

The Mg Road branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 33-66134722.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC SCBL0036002

MICR & cheque-truncation details

Cheques drawn on the Mg Road branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SCBL0036002 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Digital banking channels

Most day-to-day work that customers used to do at the Mg Road branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC SCBL0036002 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Standard Chartered Bank – MG ROAD:

• The IFSC is exactly SCBL0036002 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Standard Chartered Bank as the bank name and MG ROAD as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

Reaching the branch

The Mg Road branch sits at 142 MG ROAD. If you are travelling from outside Kolkata, search for the branch on a maps application using the bank name and locality, or call 33-66134722 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC SCBL0036002 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SCBL0036002 for Standard Chartered Bank – MG ROAD, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Working hours

Branch counters at Mg Road are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to SCBL0036002 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SCBL0036002 belongs to Standard Chartered Bank's MG ROAD branch, located at 142 MG ROAD in KOLKATA, WEST BENGAL. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.