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 Mohd Ali Road 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 KKBK0001484. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Kotak Mahindra Bank Limited, Mohd Ali Road, Mumbai
Here are some of the key details that come with the IFSC Code KKBK0001484 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 | KKBK0001484 |
| Branch | Mohd Ali Road |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | Shop Nos 45 And 6 Ground Floor And Mezzanine Akbar Chambers Plot No 60 Mohammed Ali Roadmumbai 400 003 |
These details helps users in online banking and for businesses and individuals who use Kotak Mahindra Bank Limited in Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0001484 for the Mohd Ali Road 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 provided by the Reserve Bank of India. Every bank branch, along with Kotak Mahindra Bank Limited located in Mohd Ali Road, Mumbai, Maharashtra, are given a unique IFSC like KKBK0001484 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mumbai.
- 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 Mumbai and Mumbai.
- 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 Mohd Ali Road 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 KKBK0001484
This is the format of the IFSC Code for banks, including Kotak Mahindra Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Kotak Mahindra Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Mohd Ali Road in Mumbai.
For example, the IFSC Code KKBK0001484 of Kotak Mahindra Bank Limited for the Mohd Ali Road 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 KKBK0001484 of Kotak Mahindra Bank Limited for its Mohd Ali Road 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 Mohd Ali Road or Mumbai to find the exact IFSC Code KKBK0001484.
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 KKBK0001484 for Online Transfers?
Once you have the IFSC Code KKBK0001484 for the Mohd Ali Road 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 KKBK0001484. 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 KKBK0001484.
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 Mohd Ali Road 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 Mohd Ali Road, 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 of the Mohd Ali Road Mumbai branch is KKBK0001484.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Shop Nos 45 And 6 Ground Floor And Mezzanine Akbar Chambers Plot No 60 Mohammed Ali Roadmumbai 400 003.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.