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 Magho Majri branch in Kaithal, Magho Majri, or Haryana, 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 Kaithal or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code KKBK0004904. 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, Magho Majri, Kaithal
Below in the table are the key details related to IFSC Code KKBK0004904 of Kotak Mahindra Bank Limited for its branch located in Kaithal, within the district of Magho Majri in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| IFSC Code | KKBK0004904 |
| Branch | Magho Majri |
| City | Kaithal |
| District | Magho Majri |
| State | Haryana |
| Address | Kotak Mahindra Bank Ltd, Suvidha Showroom, Gobind Colony, Karnal Road, Magho Majri - 136027. Haryana |
These details are important not only for users using online banking but also for businesses and individuals who use Kotak Mahindra Bank Limited in Kaithal for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code KKBK0004904 for the Magho Majri branch of Kotak Mahindra Bank Limited is vital.
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 Magho Majri, Kaithal, Haryana, is provided a unique IFSC like KKBK0004904 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 Kaithal.
- 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 Kaithal and Magho Majri.
- 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 Haryana and the rest of India, the IFSC Code ensures that transactions meant for Kotak Mahindra Bank Limited in Magho Majri do not get misguided to another person.
Format of the IFSC Code KKBK0004904
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 Magho Majri in Kaithal.
For example, the IFSC Code KKBK0004904 of Kotak Mahindra Bank Limited for the Magho Majri branch includes these elements, identifying the bank and the branch location in Kaithal and Haryana correctly.
How to Find IFSC Code for Kotak Mahindra Bank Limited?
To find the IFSC Code KKBK0004904 of Kotak Mahindra Bank Limited for its Magho Majri branch located in Kaithal, 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 Kaithal and Magho Majri, 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 Magho Majri or Kaithal to find the exact IFSC Code KKBK0004904.
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 Kaithal will provide accurate information.
How to Use IFSC Code KKBK0004904 for Online Transfers?
Once you have the IFSC Code KKBK0004904 for the Magho Majri branch of Kotak Mahindra Bank Limited in Kaithal, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KKBK0004904. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Kotak Mahindra Bank Limited IFSC Code KKBK0004904.
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 Magho Majri in Kaithal, 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 Magho Majri, 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 Kaithal to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is KKBK0004904.
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 Kotak Mahindra Bank Ltd, Suvidha Showroom, Gobind Colony, Karnal Road, Magho Majri - 136027. Haryana located in Kaithal, Magho Majri, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.