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 Supela Branch branch in Durg, Bhilai Nagar, or Chhattisgarh, 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 Durg or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code KKBK0006424. 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, Supela Branch, Durg

Here are some of the key details that come with the IFSC Code KKBK0006424 of Kotak Mahindra Bank Limited for its branch located in Durg, within the district of Bhilai Nagar in the state of Chhattisgarh.

Particulars Details
Bank Kotak Mahindra Bank Limited
IFSC Code KKBK0006424
Branch Supela Branch
City Durg
District Bhilai Nagar
State Chhattisgarh
Address Shop No. 1,2,3,4,5,6,7,8,9,& 17, Block No.15, Uttar Gangotri Complex, G E Road, Supela, Bhilai-490023 Durg, Chattisgarh.

These details are essential not only for online banking users but also for businesses and individuals who use Kotak Mahindra Bank Limited in Durg for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0006424 for the Supela Branch branch of Kotak Mahindra Bank Limited plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like KKBK0006424 is given to every bank branch, including Kotak Mahindra Bank Limited located in Supela Branch, Durg, Chhattisgarh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Kotak Mahindra Bank Limited branch in Durg.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Durg and Bhilai Nagar.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Chhattisgarh and the rest of India, which is why the IFSC Code ensures that transactions meant for Kotak Mahindra Bank Limited in Supela Branch doesn't end up at another location.

Format of the IFSC Code KKBK0006424

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 Supela Branch in Durg.

For example, the IFSC Code KKBK0006424 of Kotak Mahindra Bank Limited for the Supela Branch branch includes these elements, identifying the bank and the branch location in Durg and Chhattisgarh accurately.

How to Find IFSC Code for Kotak Mahindra Bank Limited?

If you are trying to find the IFSC Code KKBK0006424 of Kotak Mahindra Bank Limited for its Supela Branch branch located in Durg, the following methods can help:

Cheque Book

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

Passbook

You can easily find the IFSC and MICR codes because most banks, including Kotak Mahindra Bank Limited branches in Durg and Bhilai Nagar, print them on the first page of your passbook.

Bank Website

Visit the official website of Kotak Mahindra Bank Limited and navigate to the branch locator section. Search for Supela Branch or Durg to get the exact IFSC Code KKBK0006424.

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 keeps an updated list of all IFSC codes. If you search for Kotak Mahindra Bank Limited and Durg, you'll get the correct details.

How to Use IFSC Code KKBK0006424 for Online Transfers?

Once you have the IFSC Code KKBK0006424 for the Supela Branch branch of Kotak Mahindra Bank Limited in Durg, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KKBK0006424. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

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

IMPS

Instant 24×7 transfers. You need the recipient's account details and Kotak Mahindra Bank Limited IFSC Code KKBK0006424.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Kotak Mahindra Bank Limited Supela Branch in Durg, it can 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 Supela 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 Durg 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 Supela Branch, Durg?

The IFSC Code is KKBK0006424.

Is the IFSC Code KKBK0006424 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Supela Branch branch?

The address of the branch is Shop No. 1,2,3,4,5,6,7,8,9,& 17, Block No.15, Uttar Gangotri Complex, G E Road, Supela, Bhilai-490023 Durg, Chattisgarh. located in Durg, Bhilai Nagar, Chhattisgarh.

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.