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SBIN0016899: State Bank of India, Merc Acquiring Business Vertical

SBIN0016899 is the IFSC code of the Merc Acquiring Business Vertical branch of State Bank of India in Mumbai, Maharashtra. Use it to send money to accounts at this branch by NEFT, RTGS or IMPS.

IFSC code
SBIN0016899
Branch
Merc Acquiring Business Vertical
MICR code
400002981
Address
Corporate Centre,Shop No.35,the Arcade,WTC,Cuffe Parade,Mumbai 400005
City
Mumbai
State
Maharashtra
Transfers
NEFT availableRTGS availableIMPS availableUPI available

What SBIN0016899 means

  • SBIN: the bank, State Bank of India
  • 0: always zero, kept for future use
  • 016899: the Merc Acquiring Business Vertical branch

To send money, add the account number, the account holder's name and SBIN0016899 as a payee in your banking app. NEFT and IMPS work round the clock; RTGS is for ₹2 lakh or more.

Other State Bank of India branches in Mumbai

All State Bank of India branches in Mumbai

Other banks in Mumbai

Frequently asked questions

Which bank and branch is SBIN0016899?

SBIN0016899 belongs to State Bank of India, Merc Acquiring Business Vertical branch, Corporate Centre,Shop No.35,the Arcade,WTC,Cuffe Parade,Mumbai 400005.

What is the MICR code of State Bank of India, Merc Acquiring Business Vertical?

The MICR code is 400002981. It is printed at the bottom of cheques from this branch.

Can I use SBIN0016899 for RTGS and IMPS?

NEFT, RTGS, IMPS transfers are enabled for this branch.

Sources

Last checked on 19 September 2026. IFSC data comes from RBI’s list, refreshed monthly. Banks sometimes merge or move branches; confirm the code on your cheque book or with your bank before a large transfer.