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 Fancy Bazar branch in Kamrup Metropolitan, Guwahati, or Assam, 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 Kamrup Metropolitan or anywhere in Assam can transfer funds instantly by using the correct IFSC Code KKBK0009532. 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, Fancy Bazar, Kamrup Metropolitan
The table below shows the main details of the IFSC Code KKBK0009532 for the Kotak Mahindra Bank Limited branch in Kamrup Metropolitan, which falls under the Guwahati district in Assam.
| Particulars | Details |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| IFSC Code | KKBK0009532 |
| Branch | Fancy Bazar |
| City | Kamrup Metropolitan |
| District | Guwahati |
| State | Assam |
| Address | Ground And First Floor Dugar Building H B Road Fancy Bazar Guwahati 781001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Kotak Mahindra Bank Limited in Kamrup Metropolitan for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0009532 for the Fancy Bazar branch of Kotak Mahindra Bank Limited has an important 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 KKBK0009532 is given to every bank branch, including Kotak Mahindra Bank Limited located in Fancy Bazar, Kamrup Metropolitan, Assam, 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 Kamrup Metropolitan.
- 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 Kamrup Metropolitan and Guwahati.
- 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 Assam and the rest of India, which is why the IFSC Code ensures that transactions meant for Kotak Mahindra Bank Limited in Fancy Bazar doesn't end up at another location.
Format of the IFSC Code KKBK0009532
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 Fancy Bazar in Kamrup Metropolitan.
For example, the IFSC Code KKBK0009532 of Kotak Mahindra Bank Limited for the Fancy Bazar branch includes these elements, identifying the bank and the branch location in Kamrup Metropolitan and Assam accurately.
How to Find IFSC Code for Kotak Mahindra Bank Limited?
To find the IFSC Code KKBK0009532 of Kotak Mahindra Bank Limited for its Fancy Bazar branch located in Kamrup Metropolitan, 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 Kamrup Metropolitan and Guwahati, 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 Fancy Bazar or Kamrup Metropolitan to find the exact IFSC Code KKBK0009532.
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 Kamrup Metropolitan will provide accurate information.
How to Use IFSC Code KKBK0009532 for Online Transfers?
If you have the IFSC Code KKBK0009532 for the Fancy Bazar branch of Kotak Mahindra Bank Limited in Kamrup Metropolitan, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KKBK0009532. 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 KKBK0009532.
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 Fancy Bazar in Kamrup Metropolitan, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Kotak Mahindra Bank Limited in Fancy Bazar, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Kotak Mahindra Bank Limited website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Kamrup Metropolitan manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KKBK0009532.
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 Ground And First Floor Dugar Building H B Road Fancy Bazar Guwahati 781001 located in Kamrup Metropolitan, Guwahati, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.