Latest details of Ifsc: Shbk0000007

Contact Information

Address: SHINHAN BANK,RANGA REDDY BRANCH,UNIT L1 08,1ST FLOOR,SURVEY NO.133,SLN TERMINUS,GACHIBOWLI,SERILINGAMPALLY MANDAL,RANGA REDDY DISTRICT,TELANGANA STATE 500032,INDIA

Contact number: 66352000

Bank Details

IFSC Code: SHBK0000007

City: RANGA REDDY

District: RANGA REDDY

State: TELANGANA

IFSC code can be used for RTGS, IMPS and NEFT transactions

Last six characters of IFSC Code make a Branch code.

IFSC Code

Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:

  • • First 4 characters: Bank identifier
  • • 5th character: Reserved (0)
  • • Last 6 characters: Branch code

MICR Code

MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.

These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.

IFSC and MICR code sample on bank cheque