IFSC Code, MICR Codes for SHINHAN BANK in TAMIL NADU - VELLORE - VELLORE - VELLORE BRANCH

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


IFSC Code

SHBK0000005

MICR Code

632659102

Branch

VELLORE BRANCH

Contact

278200

Address

NO 8THIRUMALAI MUDALI STREET WALAJAPET VELLORE DIST TAMILNADU - 632513

City

VELLORE

District

VELLORE

State

TAMIL NADU





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

SHBK0000005

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.