For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Kotak Mahindra Bank Limited for its Mumba In C Kelkar Road Dadar branch in Mumbai, Mumbai, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly 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 KKBK0001487. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Kotak Mahindra Bank Limited, Mumba In C Kelkar Road Dadar, Mumbai
Here are the key points that are associated with the IFSC Code KKBK0001487 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 | KKBK0001487 |
| Branch | Mumba In C Kelkar Road Dadar |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | Shop Nos 1 2 3 And 4 Ground Floor Bedekar Sadan N C Kelkar Road Dadar West Mumbai 400028 |
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 KKBK0001487 for the Mumba In C Kelkar Road Dadar 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 Mumba In C Kelkar Road Dadar, Mumbai, Maharashtra, is provided with a unique IFSC like KKBK0001487 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 Mumba In C Kelkar Road Dadar do not get mixed with another location.
Format of the IFSC Code KKBK0001487
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 Mumba In C Kelkar Road Dadar in Mumbai.
For example, the IFSC Code KKBK0001487 of Kotak Mahindra Bank Limited for the Mumba In C Kelkar Road Dadar 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 KKBK0001487 of Kotak Mahindra Bank Limited for its Mumba In C Kelkar Road Dadar 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 Mumba In C Kelkar Road Dadar or Mumbai to find the exact IFSC Code KKBK0001487.
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 KKBK0001487 for Online Transfers?
Once you have the IFSC Code KKBK0001487 for the Mumba In C Kelkar Road Dadar branch of Kotak Mahindra Bank Limited in Mumbai, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KKBK0001487. Transfers are processed in batches. This is 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. Requires the recipient's account details and Kotak Mahindra Bank Limited IFSC Code KKBK0001487.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Kotak Mahindra Bank Limited Mumba In C Kelkar Road Dadar in Mumbai 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 Mumba In C Kelkar Road Dadar, 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 Mumbai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is KKBK0001487.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shop Nos 1 2 3 And 4 Ground Floor Bedekar Sadan N C Kelkar Road Dadar West Mumbai 400028 located in Mumbai, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.