State Bank of India, Merc Acquiring Business Vertical branch
Mumbai, Mumbai district, Maharashtra
IFSC code
SBIN0016899
MICR code
400002981Branch code
016899Branch details
| Bank | State Bank of India |
|---|---|
| Branch | Merc Acquiring Business Vertical |
| IFSC code | SBIN0016899 |
| MICR code | 400002981 |
| Address | CORPORATE CENTRE,SHOP NO.35,THE ARCADE,WTC,CUFFE PARADE,MUMBAI 400005 (map) |
| PIN code | 400005 |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Phone | +912222185563 |
| NEFT | Yes |
| RTGS | Yes |
| IMPS | Yes |
| UPI | Yes |
How to use IFSC SBIN0016899
To send money to an account at the State Bank of India Merc Acquiring Business Vertical branch, add the beneficiary in your net banking or banking app with their account number, name and the IFSC code SBIN0016899, then pay by NEFT, RTGS or IMPS.
- NEFT — any amount, settled in half-hourly batches, available 24×7.
- RTGS — for ₹2 lakh and above, settled instantly.
- IMPS — instant transfer up to ₹5 lakh, available 24×7.
In SBIN0016899, SBIN identifies State Bank of India, the 5th character is always 0, and 016899 identifies this branch. The MICR code 400002981 is printed at the bottom of cheques issued by the branch.
Other State Bank of India branches in Mumbai
Frequently asked questions
What is the IFSC code of State Bank of India Merc Acquiring Business Vertical branch?
The IFSC code of State Bank of India, Merc Acquiring Business Vertical branch (Mumbai, Maharashtra) is SBIN0016899.
What is the MICR code of State Bank of India Merc Acquiring Business Vertical?
The MICR code of this branch is 400002981.
Does State Bank of India Merc Acquiring Business Vertical support RTGS and IMPS?
RTGS: yes. IMPS: yes. NEFT: yes.