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 Shekhpura Zero Mile branch in Muzaffarpur, Shekhpura, Bihar, 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 Muzaffarpur or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code KKBK0005967. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Kotak Mahindra Bank Limited, Shekhpura Zero Mile, Muzaffarpur
The table below shows the main details of the IFSC Code KKBK0005967 for the Kotak Mahindra Bank Limited branch in Muzaffarpur, which falls under the Shekhpura district in Bihar.
| Particulars | Details |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| IFSC Code | KKBK0005967 |
| Branch | Shekhpura Zero Mile |
| City | Muzaffarpur |
| District | Shekhpura |
| State | Bihar |
| Address | Ground Floor Krishna Complex Zero Milepo Shekhpurathanaahiapurakharaghat Road Muzaffarpur 842002 |
These details helps users in online banking and for businesses and individuals who use Kotak Mahindra Bank Limited in Muzaffarpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0005967 for the Shekhpura Zero Mile 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 that is provided by the Reserve Bank of India. A unique IFSC like KKBK0005967 is given to every bank branch, including Kotak Mahindra Bank Limited located in Shekhpura Zero Mile, Muzaffarpur, Bihar, 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 Muzaffarpur.
- 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 Muzaffarpur and Shekhpura.
- 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 Bihar and the rest of India, which is why the IFSC Code ensures that transactions meant for Kotak Mahindra Bank Limited in Shekhpura Zero Mile doesn't end up at another location.
Format of the IFSC Code KKBK0005967
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): These represent the bank code. In Kotak Mahindra Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Shekhpura Zero Mile in Muzaffarpur.
For example, the IFSC Code KKBK0005967 of Kotak Mahindra Bank Limited for the Shekhpura Zero Mile branch has these elements, identifying the bank and the branch location in Muzaffarpur and Bihar correctly.
How to Find IFSC Code for Kotak Mahindra Bank Limited?
If you are looking for the IFSC Code KKBK0005967 of Kotak Mahindra Bank Limited for its Shekhpura Zero Mile branch located in Muzaffarpur, the following methods can help:
Cheque Book
The cheque book that is issued by Kotak Mahindra Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Kotak Mahindra Bank Limited branches in Muzaffarpur and Shekhpura, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Kotak Mahindra Bank Limited and look for the branch locator section, then search for Shekhpura Zero Mile or Muzaffarpur to get the exact IFSC Code KKBK0005967.
Mobile Banking App
If you use Kotak Mahindra Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Kotak Mahindra Bank Limited and Muzaffarpur, then it will provide you proper information.
How to Use IFSC Code KKBK0005967 for Online Transfers?
Once you have the IFSC Code KKBK0005967 for the Shekhpura Zero Mile branch of Kotak Mahindra Bank Limited in Muzaffarpur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KKBK0005967. 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 KKBK0005967.
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 Shekhpura Zero Mile in Muzaffarpur, 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 Shekhpura Zero Mile, 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 Muzaffarpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is KKBK0005967.
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 Floor Krishna Complex Zero Milepo Shekhpurathanaahiapurakharaghat Road Muzaffarpur 842002 located in Muzaffarpur, Shekhpura, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.