Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Kotak Mahindra Bank Limited for its Chikhli Branch Buldana branch in Buldhana, Chikhli, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Kotak Mahindra Bank Limited located in Buldhana or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KKBK0001990. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Kotak Mahindra Bank Limited, Chikhli Branch Buldana, Buldhana

Below in the table are the key details related to IFSC Code KKBK0001990 of Kotak Mahindra Bank Limited for its branch located in Buldhana, within the district of Chikhli in the state of Maharashtra.

Particulars Details
Bank Kotak Mahindra Bank Limited
IFSC Code KKBK0001990
Branch Chikhli Branch Buldana
City Buldhana
District Chikhli
State Maharashtra
Address Upper Ground Floor, Yamuna Complex, Khandala Main Road, Near Bank Of Maharashtra, Chikhli - 443201. Tehsil Chikhli, District Buldana, Maharashtra.

These details help users in online banking and for businesses and individuals who use Kotak Mahindra Bank Limited in Buldhana for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0001990 for the Chikhli Branch Buldana branch of Kotak Mahindra Bank Limited has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Kotak Mahindra Bank Limited located in Chikhli Branch Buldana, Buldhana, Maharashtra, are allotted a unique IFSC like KKBK0001990 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Buldhana.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Buldhana and Chikhli.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Kotak Mahindra Bank Limited in Chikhli Branch Buldana reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code KKBK0001990

This is the format of the IFSC Code for banks, including Kotak Mahindra Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Kotak Mahindra Bank Limited, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Chikhli Branch Buldana in Buldhana.

For example, the IFSC Code KKBK0001990 of Kotak Mahindra Bank Limited for the Chikhli Branch Buldana branch includes these elements, identifying the bank and the branch location in Buldhana and Maharashtra accurately.

How to Find IFSC Code for Kotak Mahindra Bank Limited?

To find the IFSC Code KKBK0001990 of Kotak Mahindra Bank Limited for its Chikhli Branch Buldana branch located in Buldhana, the following methods can help you out:

Cheque Book

The cheque book issued by Kotak Mahindra Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Kotak Mahindra Bank Limited branches in Buldhana and Chikhli, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Kotak Mahindra Bank Limited and go to the branch locator section. Then search for Chikhli Branch Buldana or Buldhana to find the exact IFSC Code KKBK0001990.

Mobile Banking App

If you use Kotak Mahindra Bank Limited's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Kotak Mahindra Bank Limited and Buldhana will provide accurate information.

How to Use IFSC Code KKBK0001990 for Online Transfers?

If you have the IFSC Code KKBK0001990 for the Chikhli Branch Buldana branch of Kotak Mahindra Bank Limited in Buldhana, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KKBK0001990. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Kotak Mahindra Bank Limited IFSC Code KKBK0001990.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Kotak Mahindra Bank Limited Chikhli Branch Buldana in Buldhana, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Kotak Mahindra Bank Limited in Chikhli Branch Buldana, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Kotak Mahindra Bank Limited website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Buldhana to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Kotak Mahindra Bank Limited in Chikhli Branch Buldana, Buldhana?

The IFSC Code is KKBK0001990.

Is the IFSC Code KKBK0001990 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Kotak Mahindra Bank Limited Chikhli Branch Buldana?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Chikhli Branch Buldana branch?

The address of the branch is Upper Ground Floor, Yamuna Complex, Khandala Main Road, Near Bank Of Maharashtra, Chikhli - 443201. Tehsil Chikhli, District Buldana, Maharashtra. located in Buldhana, Chikhli, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.