IFSC Code, MICR Codes for SHINHAN BANK in DELHI - DELHI - NEW DELHI - NEW DELHI BRANCH

SHINHAN BANK RTGS HO Branch in NEW DELHI - Address, IFSC, MICR Code


IFSC Code

SHBK0000004

MICR Code

110017254

Branch

NEW DELHI BRANCH

Contact

45004800

Address

3RD FLOOR D 6 SOUTH EXTENSION PART 2 NEXT MEHRASONS JEWELLERS NEW DELHI 110049

City

NEW DELHI

District

DELHI

State

DELHI





What is IFSC Code of SHINHAN BANK situated at NEW DELHI BRANCH- RTGS-HO?
IFSC Code of SHINHAN BANK situated at NEW DELHI BRANCH - RTGS-HO is

SHBK0000004

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.