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 Neemuch Ambedkar Marg branch in Neemuch, Neemuch, Madhya Pradesh, 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 Neemuch or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code KKBK0005987. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Kotak Mahindra Bank Limited, Neemuch Ambedkar Marg, Neemuch

The table below shows the main details of the IFSC Code KKBK0005987 for the Kotak Mahindra Bank Limited branch in Neemuch, which falls under the Neemuch district in Madhya Pradesh.

Particulars Details
Bank Kotak Mahindra Bank Limited
IFSC Code KKBK0005987
Branch Neemuch Ambedkar Marg
City Neemuch
District Neemuch
State Madhya Pradesh
Address Kotak Mahindra Bank Ltd, Ground Floor, 231, Ambedkar Marg, Neemuch - 458441. Madhya Pradesh

These details help users in online banking and for businesses and individuals who use Kotak Mahindra Bank Limited in Neemuch for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0005987 for the Neemuch Ambedkar Marg branch of Kotak Mahindra Bank Limited has a very 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, along with Kotak Mahindra Bank Limited located in Neemuch Ambedkar Marg, Neemuch, Madhya Pradesh, are given a unique IFSC like KKBK0005987 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Neemuch.
  • 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 Neemuch and Neemuch.
  • 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 Neemuch Ambedkar Marg goes to the correct branch. This is important because Kotak Mahindra Bank Limited has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code KKBK0005987

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 Neemuch Ambedkar Marg in Neemuch.

For example, the IFSC Code KKBK0005987 of Kotak Mahindra Bank Limited for the Neemuch Ambedkar Marg branch includes these elements, identifying the bank and the branch location in Neemuch and Madhya Pradesh accurately.

How to Find IFSC Code for Kotak Mahindra Bank Limited?

If you are trying to find the IFSC Code KKBK0005987 of Kotak Mahindra Bank Limited for its Neemuch Ambedkar Marg branch located in Neemuch, 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 Neemuch and Neemuch, 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 Neemuch Ambedkar Marg or Neemuch to get the exact IFSC Code KKBK0005987.

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 Neemuch, you'll get the correct details.

How to Use IFSC Code KKBK0005987 for Online Transfers?

Once you have the IFSC Code KKBK0005987 for the Neemuch Ambedkar Marg branch of Kotak Mahindra Bank Limited in Neemuch, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KKBK0005987. 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 KKBK0005987.

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 Neemuch Ambedkar Marg in Neemuch, 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 Neemuch Ambedkar Marg, 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 Neemuch to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Kotak Mahindra Bank Limited in Neemuch Ambedkar Marg, Neemuch?

The IFSC Code is KKBK0005987.

Is the IFSC Code KKBK0005987 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Kotak Mahindra Bank Limited Neemuch Ambedkar Marg?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Neemuch Ambedkar Marg branch?

The address of the branch is Kotak Mahindra Bank Ltd, Ground Floor, 231, Ambedkar Marg, Neemuch - 458441. Madhya Pradesh located in Neemuch, Neemuch, Madhya Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.