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State Bank of India · Mumbai

SBI Merc Acquiring Business Vertical IFSC code

IFSC code
✔ In RBI list v2.0.62
SBIN0016899
MICR code
400City
002Bank
981Branch
IFSC code
SBIN0016899
MICR code
400002981
Bank
State Bank of India
Branch
Merc Acquiring Business Vertical
Address
CORPORATE CENTRE,SHOP NO.35,THE ARCADE,WTC,CUFFE PARADE,MUMBAI 400005
City
Mumbai
District
Mumbai
State
Maharashtra
Bank code
SBIN
Branch code
016899
Contact
+912222185563
Payment systems
NEFT, RTGS, IMPS, UPI
Quick summary✔ RBI data Last synced · release v2.0.62

The IFSC code of State Bank of India, Merc Acquiring Business Vertical branch (Mumbai, Maharashtra) is SBIN0016899. Its MICR code is 400002981. Use the IFSC for NEFT, RTGS and IMPS transfers to accounts at this branch.

Branch overview

  • Bank code SBIN — identifies State Bank of India
  • 5th character 0 — reserved by the RBI
  • Branch code 016899 — identifies Merc Acquiring Business Vertical
  • MICR 400002981 — city 400, bank 002, branch 981
  • Payments NEFT, RTGS, IMPS, UPI

Sources & verification

  • ✔ Official source: RBI IFSC & MICR master list
  • ✔ Dataset release v2.0.62
  • ✔ Last updated 24 October 2026
  • ✔ Format checked (11-character IFSC, 9-digit MICR)

Other SBI branches in Mumbai

BranchIFSCMICR
General Post Office Imps
NA		SBIN0000DOP—
E-Collection - Van
TRANSACTION BANKING UNIT, CORPORATE CENTER, VOLTAS HOUSE,1ST FLOOR, 23 J.N. HEREDIA MARG,B		SBIN0000TBU—
State Bank of India Imps
MUMBAI		SBIN0004343400002988
Ccgro, Mumbai
STATE BANK OF INDIA, CCGRO, MUMBAI, 12TH FLOOR, AIR INDIA BUILDING, NARIMAN POINT, MUMBAI-		SBIN0004424400002559
Mid Corporate Group Corporate Center Mumbai
12TH FLOOR,STATE BANK BHAVAN,,MADAM CAMAE ROAD,NARIMAN POINT,MUMBAI,DISTMUMBAI		SBIN0004425400002994
Cac Andheri ,e
SBI MIDC BUILDING , MIDC ANDHERI PLOT NO. B -1, ANDHERI (EAST), MUMBAI - 400093		SBIN0010296—
Document Archival Centre, Mumbai
WESTERN HOUSE, 1ST FLOOR, SONAWALA LANE NO. 2, GOREGAON EAST , MUMBAI400063		SBIN0011762—
Mundhwa
MUSURVEY NO 59B,NEAR SUPER METER COMPANY,DIST.PUNE,MAHARASHTRA411 036		SBIN0012927411002076
Lokhandwala Branch
NEBULA APPARTMENT, GROUND FLOOR, 4TH CROSS LANE, LOKHANDWALA COMPLEX, ANDHERI W 400058		SBIN0013204400002294
Juhu Versova Link Road
BUILDING SURVEY NO.161 JUHU VERSOVA LINK ROAD ANDHERI WEST,DISTMUMBAI		SBIN0013264400002262
Santacruz East
DR.DADHICHI HOSPITAL COMPOUND,SANTACRUS EAST,MUMBAI,DISTMUMBAI		SBIN0013265400002263
Mahavir Nagar, Mumbai
BREEZY CORNER,OPP PANCHSHEEL HEIGHTS,MAHAVIR NAGAR,KANDIVALI W,MUMBAI 400 067,		SBIN0013499400002291

Frequently asked questions

What is the IFSC code of SBI Merc Acquiring Business Vertical?

SBIN0016899. It identifies the Merc Acquiring Business Vertical branch of State Bank of India in Mumbai, Maharashtra.

What is the MICR code of SBI Merc Acquiring Business Vertical?

400002981. It is printed at the bottom of cheques issued by this branch.

Where is SBI Merc Acquiring Business Vertical branch?

CORPORATE CENTRE,SHOP NO.35,THE ARCADE,WTC,CUFFE PARADE,MUMBAI 400005, Maharashtra.

Does SBIN0016899 support NEFT, RTGS and IMPS?

Yes: the RBI list shows NEFT, RTGS, IMPS and UPI for this branch.

What do the parts of SBIN0016899 mean?

SBIN is the bank code of State Bank of India, the 5th character "0" is reserved by the RBI, and 016899 is the branch code of Merc Acquiring Business Vertical.

How many SBI branches are in Mumbai?

97. Each has its own IFSC code.

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