There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Kotak Mahindra Bank Limited for its The National Cooperative Bank Sukhapur branch in Greater Mumbai, Mumbai, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Kotak Mahindra Bank Limited situated in Greater Mumbai or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code KKBK0TNCB16. You should 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, The National Cooperative Bank Sukhapur, Greater Mumbai
Below in the table are the key details related to IFSC Code KKBK0TNCB16 of Kotak Mahindra Bank Limited for its branch located in Greater Mumbai, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| IFSC Code | KKBK0TNCB16 |
| Branch | The National Cooperative Bank Sukhapur |
| City | Greater Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | Shop No 1 2 3 Swapna Bunglow 229 Survey No 94 2 Pali Devad Sukhapur Dist Raigad 410206 |
These details helps users in online banking and for businesses and individuals who use Kotak Mahindra Bank Limited in Greater Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0TNCB16 for the The National Cooperative Bank Sukhapur 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 that is provided by the Reserve Bank of India. A unique IFSC like KKBK0TNCB16 is given to every bank branch, including Kotak Mahindra Bank Limited located in The National Cooperative Bank Sukhapur, Greater Mumbai, Maharashtra, 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 Greater Mumbai.
- 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 Greater Mumbai and Mumbai.
- 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Kotak Mahindra Bank Limited in The National Cooperative Bank Sukhapur doesn't end up at another location.
Format of the IFSC Code KKBK0TNCB16
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): Show the bank code. For Kotak Mahindra Bank Limited, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as The National Cooperative Bank Sukhapur in Greater Mumbai.
For example, the IFSC Code KKBK0TNCB16 of Kotak Mahindra Bank Limited for the The National Cooperative Bank Sukhapur branch includes these elements, identifying the bank and the branch location in Greater Mumbai and Maharashtra accurately.
How to Find IFSC Code for Kotak Mahindra Bank Limited?
If you are trying to find the IFSC Code KKBK0TNCB16 of Kotak Mahindra Bank Limited for its The National Cooperative Bank Sukhapur branch located in Greater Mumbai, 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 Greater Mumbai and Mumbai, 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 National Cooperative Bank Sukhapur or Greater Mumbai to get the exact IFSC Code KKBK0TNCB16.
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 Greater Mumbai that will provide accurate information.
How to Use IFSC Code KKBK0TNCB16 for Online Transfers?
Once you have the IFSC Code KKBK0TNCB16 for the The National Cooperative Bank Sukhapur branch of Kotak Mahindra Bank Limited in Greater Mumbai, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KKBK0TNCB16. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 KKBK0TNCB16.
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 National Cooperative Bank Sukhapur in Greater Mumbai, 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 National Cooperative Bank Sukhapur, 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 Greater Mumbai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is KKBK0TNCB16.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shop No 1 2 3 Swapna Bunglow 229 Survey No 94 2 Pali Devad Sukhapur Dist Raigad 410206 located in Greater Mumbai, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.