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 Shriram Urban Co Operative Bank Ltd Nagpur Head Office Shraddhanand Peth branch in Nagpur, Nagpur, 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 Nagpur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KKBK0SUCB01. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Kotak Mahindra Bank Limited, Shriram Urban Co Operative Bank Ltd Nagpur Head Office Shraddhanand Peth, Nagpur
The table below shows the main details of the IFSC Code KKBK0SUCB01 for the Kotak Mahindra Bank Limited branch in Nagpur, which falls under the Nagpur district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| IFSC Code | KKBK0SUCB01 |
| Branch | Shriram Urban Co Operative Bank Ltd Nagpur Head Office Shraddhanand Peth |
| City | Nagpur |
| District | Nagpur |
| State | Maharashtra |
| Address | Shriram Urban Co-Operative Bank Ltd Nagpurhead Office - Shraddhanand Pethplot No 4 Shraddhanand Peth Nagpur - 440022 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Kotak Mahindra Bank Limited in Nagpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0SUCB01 for the Shriram Urban Co Operative Bank Ltd Nagpur Head Office Shraddhanand Peth branch of Kotak Mahindra Bank Limited has 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 Shriram Urban Co Operative Bank Ltd Nagpur Head Office Shraddhanand Peth, Nagpur, Maharashtra, is provided with a unique IFSC like KKBK0SUCB01 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 Nagpur.
- 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 Nagpur and Nagpur.
- 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 Shriram Urban Co Operative Bank Ltd Nagpur Head Office Shraddhanand Peth do not get mixed with another location.
Format of the IFSC Code KKBK0SUCB01
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 Shriram Urban Co Operative Bank Ltd Nagpur Head Office Shraddhanand Peth in Nagpur.
For example, the IFSC Code KKBK0SUCB01 of Kotak Mahindra Bank Limited for the Shriram Urban Co Operative Bank Ltd Nagpur Head Office Shraddhanand Peth branch includes these elements, identifying the bank and the branch location in Nagpur and Maharashtra accurately.
How to Find IFSC Code for Kotak Mahindra Bank Limited?
If you are trying to find the IFSC Code KKBK0SUCB01 of Kotak Mahindra Bank Limited for its Shriram Urban Co Operative Bank Ltd Nagpur Head Office Shraddhanand Peth branch located in Nagpur, the following methods can help:
Cheque Book
The cheque books that are issued by Kotak Mahindra Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Kotak Mahindra Bank Limited branches in Nagpur and Nagpur, 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 find the branch locator section. Search for Shriram Urban Co Operative Bank Ltd Nagpur Head Office Shraddhanand Peth or Nagpur to get the exact IFSC Code KKBK0SUCB01.
Mobile Banking App
If you use Kotak Mahindra Bank Limited's mobile app, you can easily 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 to help you in searching for Kotak Mahindra Bank Limited and Nagpur that will provide accurate information.
How to Use IFSC Code KKBK0SUCB01 for Online Transfers?
Once you have the IFSC Code KKBK0SUCB01 for the Shriram Urban Co Operative Bank Ltd Nagpur Head Office Shraddhanand Peth branch of Kotak Mahindra Bank Limited in Nagpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KKBK0SUCB01. The transfer is completed in batches instead of instantly. It is useful for both 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 KKBK0SUCB01.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Kotak Mahindra Bank Limited Shriram Urban Co Operative Bank Ltd Nagpur Head Office Shraddhanand Peth in Nagpur, your payment can get delayed or might not go through at all.
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 Shriram Urban Co Operative Bank Ltd Nagpur Head Office Shraddhanand Peth, 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 Nagpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Shriram Urban Co Operative Bank Ltd Nagpur Head Office Shraddhanand Peth Nagpur branch is KKBK0SUCB01.
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 Shriram Urban Co-Operative Bank Ltd Nagpurhead Office - Shraddhanand Pethplot No 4 Shraddhanand Peth Nagpur - 440022.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.