The IFSC code SBIN0016899 belongs to the State Bank Of India branch at MERC ACQUIRING BUSINESS VERTICAL in district, in State. This code is used to identify the branch during online banking transactions.
State Bank Of India MERC ACQUIRING BUSINESS VERTICAL Address
The State Bank Of India MERC ACQUIRING BUSINESS VERTICAL branch is located at: CORPORATE CENTRE,SHOP NO.35,THE ARCADE,WTC,CUFFE PARADE,MUMBAI 400005
Understanding State Bank Of India IFSC Code Format
An IFSC code is an 11-character alphanumeric code used to identify a specific bank branch in India. Each part of the code has a meaning, as shown in the example below.
In the IFSC code SBIN0016899, the first four characters represent Axis Bank, while the last six characters identify the MERC ACQUIRING BUSINESS VERTICAL branch.
How IFSC Code SBIN0016899 is Used
This IFSC code is required when adding the State Bank Of India MERC ACQUIRING BUSINESS VERTICAL branch as a beneficiary in net banking or mobile banking. Entering the correct code helps ensure that transactions are processed smoothly.