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 Kusumbe Khurd Branch branch in Jalgaon, Kusumbe Khurd, 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 Jalgaon or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KKBK0001983. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Kotak Mahindra Bank Limited, Kusumbe Khurd Branch, Jalgaon
Below in the table are the key details related to IFSC Code KKBK0001983 of Kotak Mahindra Bank Limited for its branch located in Jalgaon, within the district of Kusumbe Khurd in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| IFSC Code | KKBK0001983 |
| Branch | Kusumbe Khurd Branch |
| City | Jalgaon |
| District | Kusumbe Khurd |
| State | Maharashtra |
| Address | Plot No 2, Gat No 391/2,Near Kusumba Octroi Naka, Kusumbe Khurd, Airport Road, Taluka Kusumbe, Dist Jalgaon, Pin 425003. Maharashtra. |
These details are important not only for users using online banking but also for businesses and individuals who use Kotak Mahindra Bank Limited in Jalgaon for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code KKBK0001983 for the Kusumbe Khurd Branch branch of Kotak Mahindra Bank Limited is vital.
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 Kusumbe Khurd Branch, Jalgaon, Maharashtra, are given a unique IFSC like KKBK0001983 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jalgaon.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Jalgaon and Kusumbe Khurd.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Kotak Mahindra Bank Limited in Kusumbe Khurd Branch goes to the correct branch. This is important because Kotak Mahindra Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code KKBK0001983
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 Kusumbe Khurd Branch in Jalgaon.
For example, the IFSC Code KKBK0001983 of Kotak Mahindra Bank Limited for the Kusumbe Khurd Branch branch includes these elements, identifying the bank and the branch location in Jalgaon and Maharashtra accurately.
How to Find IFSC Code for Kotak Mahindra Bank Limited?
To find the IFSC Code KKBK0001983 of Kotak Mahindra Bank Limited for its Kusumbe Khurd Branch branch located in Jalgaon, 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 Jalgaon and Kusumbe Khurd, 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 Kusumbe Khurd Branch or Jalgaon to find the exact IFSC Code KKBK0001983.
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 Jalgaon will provide accurate information.
How to Use IFSC Code KKBK0001983 for Online Transfers?
If you have the IFSC Code KKBK0001983 for the Kusumbe Khurd Branch branch of Kotak Mahindra Bank Limited in Jalgaon, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KKBK0001983. 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 KKBK0001983.
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 Kusumbe Khurd Branch in Jalgaon, 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 Kusumbe Khurd 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 Jalgaon manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is KKBK0001983.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Plot No 2, Gat No 391/2,Near Kusumba Octroi Naka, Kusumbe Khurd, Airport Road, Taluka Kusumbe, Dist Jalgaon, Pin 425003. Maharashtra. located in Jalgaon, Kusumbe Khurd, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.