IFSC Code SHBK0000001 - Shinhan Bank-Shinhan Bank IMPS-Mumbai

Detail Information
IFSC Code SHBK0000001
Bank Name Shinhan Bank
Address Peninsula Corporate Park, 701,702, Tower 1, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013
District Mumbai
State Maharashtra
Branch Shinhan bank imps
Contact +912261992000
Centre Available
IMPS Available
UPI Not Available
MICR 400659002
RTGS 1
NEFT Not Available
ISO3166 IN-MH
Bankcode SHBK

Overview of SHBK0000001

The IFSC code SHBK0000001 is associated with the Mumbai Shinhan Bank IMPS Branch of Shinhan Bank. Located in the bustling city of Mumbai, MAHARASHTRA, this branch is one of the many Shinhan Bank branches that cater to the banking needs of the local residents. The code "SHBK" in SHBK0000001 represents Shinhan Bank Bank, while 0000001 signifies the unique branch code for Shinhan Bank IMPS.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like SHBK0000001, for the Shinhan Bank IMPS Branch, cannot be overstated. It acts as an address that identifies both the Shinhan Bank and its specific branch in Mumbai. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into SHBK0000001

The IFSC code SHBK0000001 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Shinhan Bank in Mumbai. Let's break down the details:

  • IFSC Code (SHBK0000001): This unique code is essential for electronic fund transfers. The first four characters "SHBK" represent the bank's name, Shinhan Bank. The last six characters "0000001" are a unique identifier for the Shinhan Bank IMPS branch.
  • Bank Name (Shinhan Bank): One of [country]'s leading banks, Shinhan Bank offers a wide range of banking products and financial services to its vast customer base.
  • Address (Peninsula Corporate Park, 701,702, Tower 1, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Mumbai, MAHARASHTRA): The branch is situated in the heart of Mumbai, the capital city of MAHARASHTRA. A city known for its [CITY_FEATURES].
  • Branch (Shinhan Bank IMPS): The [AREA_NAME] area in Mumbai is a hub of activity, and the Shinhan Bank branch here caters to both individual and business banking needs.
  • Phone Number (+912261992000): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

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