IFSC Code of Shinhan Bank, Poonamallee Branch, Tamil Nadu

Below are the complete branch details for Shinhan Bank, POONAMALLEE branch, located in POONAMALLEE, TAMIL NADU. The IFSC assigned by the Reserve Bank of India to this branch is SHBK0000005. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case SHBK0000005 for Shinhan Bank – POONAMALLEE — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for Shinhan Bank – POONAMALLEE is SHBK0000005. The first four letters SHBK are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000005 map to this branch in POONAMALLEE, TAMIL NADU.

Bank profile

Shinhan Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Poonamallee branch — IFSC SHBK0000005 — extends the bank's services to customers in and around Poonamallee, Tamil Nadu.

Poonamallee branch overview

Located at SHINHAN BANK, POONAMALLEE BRANCH, NO.84/1C2B1, BANGALORE HIGHWAY ROAD, MADAVILAKAM VILLAGE, NAZARATHPETTAI, POONAMALLEE TALUK, THIRUVALLUR DISTRICT, TAMIL NADU- 600123., the Poonamallee branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SHBK0000005 is required for all interbank electronic transfers routed through this branch.

Branch details at a glance

Why every Shinhan Bank branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including POONAMALLEE of Shinhan Bank — its own 11-character IFSC. The code SHBK0000005 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC SHBK0000005 the same way you would treat your account number — verify it once and save it carefully for future use.

MICR & cheque-truncation details

Cheques drawn on the Poonamallee branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SHBK0000005 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC SHBK0000005

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC SHBK0000005 across all three.

NEFT to Shinhan Bank, POONAMALLEE using IFSC SHBK0000005

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC SHBK0000005, and confirm that the system picks up Shinhan Bank – POONAMALLEE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC SHBK0000005

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Shinhan Bank – POONAMALLEE, ensure your bank's portal accepts IFSC SHBK0000005 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to Shinhan Bank – POONAMALLEE, use IMPS. With IFSC SHBK0000005 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC SHBK0000005 for Shinhan Bank – POONAMALLEE, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the Poonamallee branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Shinhan Bank's POONAMALLEE branch, the IFSC SHBK0000005 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Products and account variants supported

Every account opened at the Poonamallee branch is mapped to IFSC SHBK0000005 on the RBI payments network. The branch generally supports the full retail product catalogue of Shinhan Bank, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains SHBK0000005.

Products and services

Customers walking into the Poonamallee branch can access most of Shinhan Bank's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC SHBK0000005

Digital banking channels

Most day-to-day work that customers used to do at the Poonamallee branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC SHBK0000005 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

Reaching the branch

The Poonamallee branch sits at SHINHAN BANK, POONAMALLEE BRANCH, NO.84/1C2B1, BANGALORE HIGHWAY ROAD, MADAVILAKAM VILLAGE, NAZARATHPETTAI, POONAMALLEE TALUK, THIRUVALLUR DISTRICT, TAMIL NADU- 600123.. If you are travelling from outside Poonamallee, search for the branch on a maps application using the bank name and locality, or call 44-67144400 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC SHBK0000005 and your account number.

Common mistakes to avoid when using IFSC SHBK0000005

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Shinhan Bank – POONAMALLEE, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: SHBK0000005.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Poonamallee branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SHBK0000005, however, work 24x7.

Verifying IFSC SHBK0000005 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm SHBK0000005 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 44-67144400.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Final notes

To recap: SHBK0000005 is the IFSC code of Shinhan Bank, POONAMALLEE branch, in POONAMALLEE, TAMIL NADU. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.