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 Cadell Road Branch branch in Mumbai, Mumbai, 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 Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KKBK0001376. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Kotak Mahindra Bank Limited, Cadell Road Branch, Mumbai
Here are some of the key details that come with the IFSC Code KKBK0001376 of Kotak Mahindra Bank Limited for its branch located in Mumbai, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| IFSC Code | KKBK0001376 |
| Branch | Cadell Road Branch |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | Kotak Mahindra Bank Ltd 3/103 Mon Desireveer Savarkar Marg Cadell Road Dadarw - 400 028 Mumbai Maharashtra |
These details are essential not only for online banking users but also for businesses and individuals who use Kotak Mahindra Bank Limited in Mumbai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0001376 for the Cadell Road Branch branch of Kotak Mahindra Bank Limited plays an important role.
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, including Kotak Mahindra Bank Limited located in Cadell Road Branch, Mumbai, Maharashtra, is provided with a unique IFSC like KKBK0001376 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Kotak Mahindra Bank Limited branch in Mumbai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Mumbai and Mumbai.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Kotak Mahindra Bank Limited in Cadell Road Branch do not get mixed with another location.
Format of the IFSC Code KKBK0001376
The format of the IFSC Code for banks, including Kotak Mahindra Bank Limited, follows 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 Cadell Road Branch in Mumbai.
For example, the IFSC Code KKBK0001376 of Kotak Mahindra Bank Limited for the Cadell Road Branch branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.
How to Find IFSC Code for Kotak Mahindra Bank Limited?
To find the IFSC Code KKBK0001376 of Kotak Mahindra Bank Limited for its Cadell Road Branch branch located in Mumbai, 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 Mumbai and Mumbai, 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 Cadell Road Branch or Mumbai to find the exact IFSC Code KKBK0001376.
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 Mumbai will provide accurate information.
How to Use IFSC Code KKBK0001376 for Online Transfers?
Once you have the IFSC Code KKBK0001376 for the Cadell Road Branch branch of Kotak Mahindra Bank Limited in Mumbai, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KKBK0001376. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Kotak Mahindra Bank Limited IFSC Code KKBK0001376.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Kotak Mahindra Bank Limited Cadell Road Branch in Mumbai, it can 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 Cadell Road Branch, 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 Mumbai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KKBK0001376.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Kotak Mahindra Bank Ltd 3/103 Mon Desireveer Savarkar Marg Cadell Road Dadarw - 400 028 Mumbai Maharashtra located in Mumbai, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.