Shinhan Bank Shinhan Bank Imps IFSC Code
Shinhan Bank
IFSC · Used for NEFT, IMPS & RTGS
MICR · This branch may not process cheques.
Branch
Shinhan Bank Imps
Address
Peninsula Corporate Park, 701,702, Tower 1, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013
View on Google MapsDistrict
Mumbai
State
Maharashtra
🔍 Search for another branch
Top Financial Tools for Shinhan Bank Customers
Free calculators — no login required
Shinhan Bank Home Loan EMI Calculator
Calculate EMI, total interest & amortisation schedule
Shinhan Bank SIP Calculator
Project wealth from monthly mutual fund investments
Shinhan Bank FD Calculator
Estimate fixed deposit maturity with quarterly compounding
Shinhan Bank Car Loan EMI Calculator
Find your monthly instalment & total loan cost
Other Shinhan Bank Branches in Mumbai
2 nearby branches — click to view IFSC
Mumbai Branch (peninsula Corporate Park 701 - 0002)
Peninsula Corporate Park, 701,702, Tower 1, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013
Mumbai Branch (peninsula Corporate Park G K - 0003)
Unit No 001, Ground Floor, Peninsula Tower 1, Peninsula Corporate Park, G K Marg, Lower Parel, Mumbai 400 013
Frequently Asked Questions
About Shinhan Bank Shinhan Bank Imps (peninsula Corporate Park 701 - 0001), Mumbai
The IFSC code SHBK0000001 (lowercase: shbk0000001) belongs to Shinhan Bank, specifically the Shinhan Bank Imps (peninsula Corporate Park 701 - 0001) branch located in Mumbai, Maharashtra.
The 5th character in the IFSC code SHBK0000001 is a zero (0), not the letter 'O'. The correct format is SHBK0000001 (lowercase: shbk0000001), and not SHBKO000001. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.
The IFSC code of Shinhan Bank Shinhan Bank Imps (peninsula Corporate Park 701 - 0001) in Mumbai, Maharashtra is SHBK0000001. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.
Shinhan Bank Shinhan Bank Imps (peninsula Corporate Park 701 - 0001) is located at Peninsula Corporate Park, 701,702, Tower 1, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013, Mumbai, Maharashtra. You can click the "View on Google Maps" button on this page to get directions.
The MICR code for Shinhan Bank Shinhan Bank Imps (peninsula Corporate Park 701 - 0001) in Mumbai is printed at the bottom of your cheque leaf. If you cannot locate it, contact your branch directly or check your passbook.
Yes. IFSC code SHBK0000001 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.
You can verify IFSC code SHBK0000001 by checking: (1) The top-left corner of any Shinhan Bank Shinhan Bank Imps (peninsula Corporate Park 701 - 0001) cheque leaf, (2) The first page of your Shinhan Bank passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.
Understanding IFSC Code: SHBK0000001
Decoded structure — 4 + 1 + 6 characters
Visual Breakdown
Swipe to see all
SHBK0000001
What Each Part Means
- Bank Code — SHBK
- The first 4 characters uniquely identify Shinhan Bank at the national level. Every branch of Shinhan Bank across all states shares this same prefix. It is assigned by the RBI and never changes.
- Reserved — 0
- The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
- Branch Code — 000001
- The final 6 characters 000001 uniquely identify this specific branch within the Shinhan Bank network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
| Segment | Chars | Value | Purpose |
|---|---|---|---|
| Bank Code | 1–4 | SHBK | Identifies Shinhan Bank |
| Reserved | 5 | 0 | RBI reserved (always 0) |
| Branch Code | 6–11 | 000001 | Unique to this branch |
Where to Find IFSC & MICR on Your Cheque
Interactive cheque leaf mockup — highlighted fields show live values from this branch
Swipe left to view full cheque
Shinhan Bank
Shinhan Bank Imps (peninsula Corporate Park 701 - 0001), Mumbai, Maharashtra
Cheque No.
00000001
A/c No.
Authorised Signatory
IFSC vs MICR — Functional Comparison
Two different codes, two different banking systems
| Feature | IFSC Code | MICR Code |
|---|---|---|
| Full Form | Indian Financial System Code | Magnetic Ink Character Recognition |
| Length & Format | 11 characters — alphanumeric | 9 digits — numeric only |
| This Branch | SHBK0000001 | Not available |
| Primary Use | Electronic fund transfers: NEFT, RTGS, IMPS, UPI | Physical cheque clearing at clearing houses |
| Medium | Digital / online — no physical document needed | Printed in magnetic ink on cheque leaf bottom band |
| Processing Speed | Real-time (IMPS/UPI) or 30-min batches (NEFT) | T+1 or T+2 clearing cycle via RBI clearing houses |
| Where to Find It | Cheque leaf (top area), passbook first page, net banking | Bottom band of cheque leaf (the printed magnetic strip) |
| Assigned By | RBI — permanent unless branch is relocated/merged | RBI — encodes city (3) + bank (3) + branch (3) digits |
| Required For | Adding a payee / beneficiary for online transfer | Cheque book issuance and clearing house processing |
Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.