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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Kotak Mahindra Bank Limited for its Hoshangabad Branch branch in Hoshangabad, Narmadapuram, Madhya Pradesh, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Kotak Mahindra Bank Limited located in Hoshangabad or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code KKBK0005917. 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, Hoshangabad Branch, Hoshangabad
Below in the table are the key details related to IFSC Code KKBK0005917 of Kotak Mahindra Bank Limited for its branch located in Hoshangabad, within the district of Narmadapuram in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| IFSC Code | KKBK0005917 |
| Branch | Hoshangabad Branch |
| City | Hoshangabad |
| District | Narmadapuram |
| State | Madhya Pradesh |
| Address | Ground Floor Kalptaru Bhawan Situate Lying At Nazul Sheet No48 Plot No 22/5/1 Near Old Church Sadar Bazar Hoshangabad - 461001 Madhya Pradesh |
These details help users in online banking and for businesses and individuals who use Kotak Mahindra Bank Limited in Hoshangabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0005917 for the Hoshangabad Branch 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Kotak Mahindra Bank Limited located in Hoshangabad Branch, Hoshangabad, Madhya Pradesh, is provided a unique IFSC like KKBK0005917 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Kotak Mahindra Bank Limited branch in Hoshangabad.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Hoshangabad and Narmadapuram.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Kotak Mahindra Bank Limited in Hoshangabad Branch do not get misguided to another person.
Format of the IFSC Code KKBK0005917
The format of the IFSC Code for banks, including Kotak Mahindra Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Kotak Mahindra Bank Limited, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Hoshangabad Branch in Hoshangabad.
For example, the IFSC Code KKBK0005917 of Kotak Mahindra Bank Limited for the Hoshangabad Branch branch includes these elements, identifying the bank and the branch location in Hoshangabad and Madhya Pradesh accurately.
How to Find IFSC Code for Kotak Mahindra Bank Limited?
If you are looking for the IFSC Code KKBK0005917 of Kotak Mahindra Bank Limited for its Hoshangabad Branch branch located in Hoshangabad, the following methods can help:
Cheque Book
The cheque book that is issued by Kotak Mahindra Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Kotak Mahindra Bank Limited branches in Hoshangabad and Narmadapuram, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Kotak Mahindra Bank Limited and look for the branch locator section, then search for Hoshangabad Branch or Hoshangabad to get the exact IFSC Code KKBK0005917.
Mobile Banking App
If you use Kotak Mahindra Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Kotak Mahindra Bank Limited and Hoshangabad, then it will provide you proper information.
How to Use IFSC Code KKBK0005917 for Online Transfers?
If you have the IFSC Code KKBK0005917 for the Hoshangabad Branch branch of Kotak Mahindra Bank Limited in Hoshangabad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KKBK0005917. 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 KKBK0005917.
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 Hoshangabad Branch in Hoshangabad, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Kotak Mahindra Bank Limited in Hoshangabad Branch, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Hoshangabad manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Hoshangabad Branch Hoshangabad branch is KKBK0005917.
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 Ground Floor Kalptaru Bhawan Situate Lying At Nazul Sheet No48 Plot No 22/5/1 Near Old Church Sadar Bazar Hoshangabad - 461001 Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.