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It is very important to find correct branch before initiating any bank process. Though all banks will have a mechnism to verify the Merchant Acquiring Business Vertical Branch, Account Type, IFSC Code, MICR Code, and Account Name, etc. and any mismatch will result in failed transaction!
The best and simplest place to verify Merchant Acquiring Business Vertical branch is the cheque book. All banks will print the Merchant Acquiring Business Vertical on the cheque books. Also, your account pass book should have the Merchant Acquiring Business Vertical branch printed.
The address of Merchant Acquiring Business Vertical branch is New business dept,corporate centre,shop no.35,the arcade,wtc,cuffe parade,mumbai:400005, which is located in Mumbai District of Maharashtra State. IFSC code used in online fund transfer and MICR code used in clearing of cheques for SBI Merchant Acquiring Business Vertical is also provided.
Merchant Acquiring Business Vertical has number of branches spread across India. Branch banking has undergone significant changes in response to the competition in financial services market and the ever increasing consumer demands. This leads to a single consumer bearing more than one account in different banks and due to internet banking, as in case of SBI Merchant Acquiring Business Vertical branch, fund transfer between these banks is also possible.
Find more information on Merchant Acquiring Business Vertical Branch of SBI
*The Bank Branch information information presented above is for reference only. Please verify Bank Branch details before initiating any transfer or operation!