The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Kotak Mahindra Bank Limited for its The Shirpur Peoples Co Op Ltd Shirpur Branch branch in Dhule, Shirpur, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Kotak Mahindra Bank Limited located in Dhule or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KKBK0SPCB01. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Kotak Mahindra Bank Limited, The Shirpur Peoples Co Op Ltd Shirpur Branch, Dhule
Here are the key points that are associated with the IFSC Code KKBK0SPCB01 of Kotak Mahindra Bank Limited for its branch located in Dhule, within the district of Shirpur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| IFSC Code | KKBK0SPCB01 |
| Branch | The Shirpur Peoples Co Op Ltd Shirpur Branch |
| City | Dhule |
| District | Shirpur |
| State | Maharashtra |
| Address | The Shirpur Peoples Co-Op Ltd Shirpur Branch, Maharaja Complex, Shirpur-425405 Dist Dhule, Maharashtra |
These details helps users in online banking and for businesses and individuals who use Kotak Mahindra Bank Limited in Dhule for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0SPCB01 for the The Shirpur Peoples Co Op Ltd Shirpur Branch branch of Kotak Mahindra Bank Limited plays a vital 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 The Shirpur Peoples Co Op Ltd Shirpur Branch, Dhule, Maharashtra, are allotted a unique IFSC like KKBK0SPCB01 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dhule.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Dhule and Shirpur.
- 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 The Shirpur Peoples Co Op Ltd Shirpur Branch reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code KKBK0SPCB01
The format of the IFSC Code for banks, including Kotak Mahindra Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Kotak Mahindra Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like The Shirpur Peoples Co Op Ltd Shirpur Branch in Dhule.
For example, the IFSC Code KKBK0SPCB01 of Kotak Mahindra Bank Limited for the The Shirpur Peoples Co Op Ltd Shirpur Branch branch has these elements, identifying the bank and the branch location in Dhule and Maharashtra correctly.
How to Find IFSC Code for Kotak Mahindra Bank Limited?
If you are trying to find the IFSC Code KKBK0SPCB01 of Kotak Mahindra Bank Limited for its The Shirpur Peoples Co Op Ltd Shirpur Branch branch located in Dhule, the following methods can help:
Cheque Book
The cheque books that are issued by Kotak Mahindra Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Kotak Mahindra Bank Limited branches in Dhule and Shirpur, 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 find the branch locator section. Search for The Shirpur Peoples Co Op Ltd Shirpur Branch or Dhule to get the exact IFSC Code KKBK0SPCB01.
Mobile Banking App
If you use Kotak Mahindra Bank Limited's mobile app, you can easily 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 to help you in searching for Kotak Mahindra Bank Limited and Dhule that will provide accurate information.
How to Use IFSC Code KKBK0SPCB01 for Online Transfers?
Once you have the IFSC Code KKBK0SPCB01 for the The Shirpur Peoples Co Op Ltd Shirpur Branch branch of Kotak Mahindra Bank Limited in Dhule, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KKBK0SPCB01. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Kotak Mahindra Bank Limited IFSC Code KKBK0SPCB01.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Kotak Mahindra Bank Limited The Shirpur Peoples Co Op Ltd Shirpur Branch in Dhule, your payment can get delayed or might not go through at all.
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 The Shirpur Peoples Co Op Ltd Shirpur Branch, 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 Dhule to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the The Shirpur Peoples Co Op Ltd Shirpur Branch Dhule branch is KKBK0SPCB01.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at The Shirpur Peoples Co-Op Ltd Shirpur Branch, Maharaja Complex, Shirpur-425405 Dist Dhule, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.