RBI has allotted the Indian Financial System Code in short denoted as IFSC codes to all the bank branches in India. IFSC codes are unique 11-digit codes with alphanumeric characters. These codes help the users to ensure that the transferred funds go to the right person account, without any errors.
For example, we can take the IFSC code: "SHBK0000001" - of Shinhan Bank, Mumbai, Maharashtra.
This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any Shinhan Bank account or to other bank accounts. According to RBI guidelines, the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India. This code helps to avoid the risk factor while sending and receiving funds through banks in our country.
The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by Shinhan Bank. The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter into the bank's official website.
Customers by clicking the link will lead to another page where four columns are displayed. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC code or MICR code.
Shinhan Bank was established in India in 1996 and has allowed the bank to experience and learn from the unique and varied flavours in India. With the growing demand for quality banking services and with this bank's USP as a Superior and Personalised Service Provider, which is backed by the speed and efficiency of Shinhan Bank. The vision of the bank in India is to go 'Beyond the Best Foreign Bank to the Centennial Bank'. This bank envisages to create a 100 year's history in India.
ADDRESS:City | Branch | IFSC Code |
---|---|---|
Ranga Reddy | Ranga Reddy Branch | SHBK0000007 |
City | Branch | IFSC Code |
---|---|---|
New Delhi | New Delhi Branch | SHBK0000004 |
City | Branch | IFSC Code |
---|---|---|
Ahmedabad | Ahmedabad Branch | SHBK0000008 |
City | Branch | IFSC Code |
---|---|---|
Mumbai | Rtgs-Ho | SHBK0000001 |
Pune | Pune Branch | SHBK0000006 |
Mumbai | Mumbai Branch | SHBK0000003 |
City | Branch | IFSC Code |
---|---|---|
Vellore | Vellore Branch | SHBK0000005 |