SBIN0016899
State Bank of India
Branch
MERC ACQUIRING BUSINESS VERTICAL
City
MUMBAI
State
MAHARASHTRA
Branch Details
IFSC CodeSBIN0016899
BankState Bank of India
BranchMERC ACQUIRING BUSINESS VERTICAL
AddressCORPORATE CENTRE,SHOP NO.35,THE ARCADE,WTC,CUFFE PARADE,MUMBAI 400005
CityMUMBAI
DistrictMUMBAI
StateMAHARASHTRA
What does SBIN0016899 mean?
SBIN0016899
SBIN — Bank code. Identifies State Bank of India. All branches of State Bank of India share this prefix.
0 — Reserved character. Always zero in every IFSC code in India.
016899 — Branch code. Uniquely identifies the MERC ACQUIRING BUSINESS VERTICAL branch within State Bank of India.
Transfer Methods
NEFT (not supported)
RTGS (not supported)
IMPS (not supported)
How to use this IFSC code
1
Open your bank's app or net banking
Go to Fund Transfer or Add Beneficiary.
2
Enter the recipient's account number
Double-check every digit — transfers cannot be reversed.
3
Enter IFSC code SBIN0016899
Select State Bank of India and enter SBIN0016899 for the MERC ACQUIRING BUSINESS VERTICAL branch.
4
Choose transfer method
Use NEFT for transfers up to ₹2 lakh, RTGS for ₹2 lakh and above.
Frequently Asked Questions
- Which bank branch does IFSC code SBIN0016899 belong to?
- IFSC code SBIN0016899 belongs to State Bank of India, MERC ACQUIRING BUSINESS VERTICAL branch, located at CORPORATE CENTRE,SHOP NO.35,THE ARCADE,WTC,CUFFE PARADE,MUMBAI 400005, MUMBAI, MAHARASHTRA.
- What is the MICR code for SBIN0016899?
- The MICR code is not available for SBIN0016899.
- Does SBIN0016899 support NEFT, RTGS, and IMPS transfers?
- State Bank of India MERC ACQUIRING BUSINESS VERTICAL (SBIN0016899): NEFT — not supported; RTGS — not supported; IMPS — not supported.
- What does the code SBIN mean in IFSC SBIN0016899?
- The first four characters SBIN identify State Bank of India. The fifth character is always 0. The last six characters 016899 identify the specific branch.
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