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 Sakegaon Branch Jalgaon branch in Jalgaon, Sakegaon, 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 Jalgaon or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code KKBK0002004. 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, Sakegaon Branch Jalgaon, Jalgaon

Here are some of the key details that come with the IFSC Code KKBK0002004 of Kotak Mahindra Bank Limited for its branch located in Jalgaon, within the district of Sakegaon in the state of Maharashtra.

Particulars Details
Bank Kotak Mahindra Bank Limited
IFSC Code KKBK0002004
Branch Sakegaon Branch Jalgaon
City Jalgaon
District Sakegaon
State Maharashtra
Address Ground Floor, House No 360/2, At Post - Sakegaon, Pin - 425201, Taluka - Bhusawal, District - Jalgaon, Maharashtra.

These details helps users in online banking and for businesses and individuals who use Kotak Mahindra Bank Limited in Jalgaon for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0002004 for the Sakegaon Branch Jalgaon 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 KKBK0002004 is given to every bank branch, including Kotak Mahindra Bank Limited located in Sakegaon Branch Jalgaon, Jalgaon, 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 Jalgaon.
  • 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 Jalgaon and Sakegaon.
  • 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 Sakegaon Branch Jalgaon doesn't end up at another location.

Format of the IFSC Code KKBK0002004

The format of the IFSC Code for banks, including Kotak Mahindra Bank Limited, has 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 Sakegaon Branch Jalgaon in Jalgaon.

For example, the IFSC Code KKBK0002004 of Kotak Mahindra Bank Limited for the Sakegaon Branch Jalgaon branch includes these elements, identifying the bank and the branch location in Jalgaon and Maharashtra correctly.

How to Find IFSC Code for Kotak Mahindra Bank Limited?

If you are looking for the IFSC Code KKBK0002004 of Kotak Mahindra Bank Limited for its Sakegaon Branch Jalgaon branch located in Jalgaon, 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 Jalgaon and Sakegaon, 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 Sakegaon Branch Jalgaon or Jalgaon to get the exact IFSC Code KKBK0002004.

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 Jalgaon, then it will provide you proper information.

How to Use IFSC Code KKBK0002004 for Online Transfers?

If you have the IFSC Code KKBK0002004 for the Sakegaon Branch Jalgaon 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 KKBK0002004. 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 KKBK0002004.

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 Sakegaon Branch Jalgaon in Jalgaon, it may 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 Sakegaon Branch Jalgaon, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Jalgaon manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Kotak Mahindra Bank Limited in Sakegaon Branch Jalgaon, Jalgaon?

The IFSC Code is KKBK0002004.

Is the IFSC Code KKBK0002004 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 Sakegaon Branch Jalgaon?

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 Sakegaon Branch Jalgaon branch?

The address of the branch is Ground Floor, House No 360/2, At Post - Sakegaon, Pin - 425201, Taluka - Bhusawal, District - Jalgaon, Maharashtra. located in Jalgaon, Sakegaon, Maharashtra.

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.