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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.

Other State Bank of India branches

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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