There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Kotak Mahindra Bank Limited for its Andheri East Midc Specialized Branch branch in Mumbai Suburban, Mumbai, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Kotak Mahindra Bank Limited situated in Mumbai Suburban or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code KKBK0001367. You should 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, Andheri East Midc Specialized Branch, Mumbai Suburban
Here are the main details that are associated with the IFSC Code KKBK0001367 of Kotak Mahindra Bank Limited for its branch located in Mumbai Suburban, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| IFSC Code | KKBK0001367 |
| Branch | Andheri East Midc Specialized Branch |
| City | Mumbai Suburban |
| District | Mumbai |
| State | Maharashtra |
| Address | Midc Andheri East Branch-Mumbai (Specialized) Ground Floor & Basement, Shop No-1 &2, Options Primo. Plot No.X-21, Midc Cross Road No.21. Marol Industrial Area, Andheri (East),Mumbai-400093 |
These details are important not only for users using online banking but also for businesses and individuals who use Kotak Mahindra Bank Limited in Mumbai Suburban for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code KKBK0001367 for the Andheri East Midc Specialized Branch 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 Andheri East Midc Specialized Branch, Mumbai Suburban, Maharashtra, is provided a unique IFSC like KKBK0001367 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 Mumbai Suburban.
- 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 Mumbai Suburban and Mumbai.
- 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Kotak Mahindra Bank Limited in Andheri East Midc Specialized Branch do not get misguided to another person.
Format of the IFSC Code KKBK0001367
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 Andheri East Midc Specialized Branch in Mumbai Suburban.
For example, the IFSC Code KKBK0001367 of Kotak Mahindra Bank Limited for the Andheri East Midc Specialized Branch branch includes these elements, identifying the bank and the branch location in Mumbai Suburban and Maharashtra accurately.
How to Find IFSC Code for Kotak Mahindra Bank Limited?
If you are trying to find the IFSC Code KKBK0001367 of Kotak Mahindra Bank Limited for its Andheri East Midc Specialized Branch branch located in Mumbai Suburban, the following methods can help:
Cheque Book
The cheque book issued by Kotak Mahindra Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Kotak Mahindra Bank Limited branches in Mumbai Suburban and Mumbai, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Kotak Mahindra Bank Limited and navigate to the branch locator section. Search for Andheri East Midc Specialized Branch or Mumbai Suburban to get the exact IFSC Code KKBK0001367.
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 keeps an updated list of all IFSC codes. If you search for Kotak Mahindra Bank Limited and Mumbai Suburban, you'll get the correct details.
How to Use IFSC Code KKBK0001367 for Online Transfers?
If you have the IFSC Code KKBK0001367 for the Andheri East Midc Specialized Branch branch of Kotak Mahindra Bank Limited in Mumbai Suburban, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KKBK0001367. 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 KKBK0001367.
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 Andheri East Midc Specialized Branch in Mumbai Suburban, it 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 Andheri East Midc Specialized 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 Suburban manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KKBK0001367.
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 Midc Andheri East Branch-Mumbai (Specialized) Ground Floor & Basement, Shop No-1 &2, Options Primo. Plot No.X-21, Midc Cross Road No.21. Marol Industrial Area, Andheri (East),Mumbai-400093 located in Mumbai Suburban, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.