SBIN0016899: State Bank of India, Merc Acquiring Business Vertical
IFSC code SBIN0016899 belongs to the Merc Acquiring Business Vertical branch of State Bank of India in Mumbai, Maharashtra. Its MICR code is 400002981.
- IFSC
- SBIN0016899
- MICR
- 400002981
- Branch
- Merc Acquiring Business Vertical
- District
- Mumbai
- State
- Maharashtra
- Phone
- +912222185563
Branch address
State Bank of India
Corporate Centre,Shop No.35,the Arcade,WTC,Cuffe Parade,Mumbai 400005
Open in a map · Pincode 400005: post offices and area
Payment systems
| System | On RBI's list for this branch | What it is for |
|---|---|---|
| NEFT | Yes | Transfers of any amount, settled in half-hourly batches, all day |
| RTGS | Yes | Large transfers (₹2 lakh and above), settled one by one in real time |
| IMPS | Yes | Instant transfers, any time, usually for smaller amounts |
| UPI | Yes | Payments by UPI ID or mobile number from apps |
Reading this IFSC
SBIN is State Bank of India's bank code, the fifth character 0 is kept for future use, and 016899 is the code of the Merc Acquiring Business Vertical branch. In the MICR code 400002981, 400 is the city, 002 the bank and 981 the branch.
Other State Bank of India branches in Mumbai
All 207 State Bank of India branches in Mumbai
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Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.
The IFSC of State Bank of India's Merc Acquiring Business Vertical branch (Mumbai, Maharashtra) is SBIN0016899.
400002981. MICR is printed at the bottom of the branch's cheques.
Corporate Centre,Shop No.35,the Arcade,WTC,Cuffe Parade,Mumbai 400005
RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0016899 with the beneficiary's account number.
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