IFSC Code SBIN0016899 State Bank Of India Merc Acquiring Business Vertical Branch

Address, IFSC code, branch contact number etc of State Bank Of India, Merc Acquiring Business Vertical Branch is given below. You may contact the branch or the Customer Care number of the bank information relating to your ifsc code SBIN0016899 bank account.

IFSC Code: SBIN0016899

22185563State Bank Of India Merc Acquiring Business Vertical

IFSC Code SBIN0016899 State Bank Of India Merc Acquiring Business Vertical Branch
Bank Name	State Bank Of India
IFSC Code	SBIN0016899 (used for RTGS and NEFT transactions)
MICR Code	400002981
Branch	Merc Acquiring Business Vertical
State	Maharashtra
District	Mumbai
City	Mumbai
Address	Corporate Centre,shop No.35,the Arcade,wtc,cuffe Parade,mumbai 400005
Contact Phone	22185563

Along with your account number, account name and account type (ie., savings or current) the following information about the branch is to be provided for fund transfer:

Bank Name : State Bank Of India
Branch Name : Merc Acquiring Business Vertical
IFSC Code : SBIN0016899
Location : Mumbai, Maharashtra

What is SBIN0016899 IFSC Code

Indian Financial System Code (IFSC) is a eleven digit code provided by the Reserve Bank of India (RBI) for identifying bank branches in India individually. This code is used for NEFT and RTGS.

The code consists of 11 characters. The first part is the first four alphabet characters represent the Bank. Next character is zero(0), which is reserved for use in the future. The last six characters are the branch code.

The State Bank Of India IFSC code is 11 characters?
Example: SBIN0016899

SBIN The first four digits of the IFSC code represents the name of the State Bank Of India.
The fifth digit is ‘zero’ (0),
016899 The last 6 digits denote the name of the specific State Bank Of India Merc Acquiring Business Vertical branch

Merc Acquiring Business Vertical Branch Information

Indian Financial System Code, Magnetic Ink Character Recognition, SWIFT Code, Address and Contact number of State Bank Of India - Merc Acquiring Business Vertical branch in Mumbai district which is in the state of Maharashtra Branch office and ATM location.

What is State Bank Of India Maharashtra Mumbai Merc Acquiring Business Vertical RTGS?

Real Time Gross Settlement (RTGS) is a fund transfer mechanism which is used to transfer money from one bank to another. This gross basis transfer happens in realtime, hence the name. Minimum amount that can be transferred through RTGS is Rs. 2,00,000. Fees to process RTGS will be applicable.

What is State Bank Of India Maharashtra Merc Acquiring Business Vertical Mumbai NEFT?

National Electronic Fund Transfer (NEFT) is an online money transfer system which is supported by RBI. NEFT is used for medium and small amount transfer between accounts and banks. There is no minimum amount limit to send money via NEFT.

IFSC Code SBIN0016899 State Bank Of India Merc Acquiring Business Vertical Branch

IFSC Code: SBIN0016899