Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Kotak Mahindra Bank Limited for its Parbhani Khanapur Tarf Zari Branch branch in Parbhani, Khanapur Tarf Zari, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Kotak Mahindra Bank Limited located in Parbhani or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KKBK0002061. You should definitely 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, Parbhani Khanapur Tarf Zari Branch, Parbhani
The table below shows the main details of the IFSC Code KKBK0002061 for the Kotak Mahindra Bank Limited branch in Parbhani, which falls under the Khanapur Tarf Zari district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| IFSC Code | KKBK0002061 |
| Branch | Parbhani Khanapur Tarf Zari Branch |
| City | Parbhani |
| District | Khanapur Tarf Zari |
| State | Maharashtra |
| Address | Upper Grd Flr 99A B L Avenue Cmplx Basmat Rd Khanapur Tarf Zari Dist Parbhani Maharashtra Pin 431401 |
These details are important not only for users using online banking but also for businesses and individuals who use Kotak Mahindra Bank Limited in Parbhani for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code KKBK0002061 for the Parbhani Khanapur Tarf Zari 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Kotak Mahindra Bank Limited located in Parbhani Khanapur Tarf Zari Branch, Parbhani, Maharashtra, are allotted a unique IFSC like KKBK0002061 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Parbhani.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Parbhani and Khanapur Tarf Zari.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Kotak Mahindra Bank Limited in Parbhani Khanapur Tarf Zari Branch reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code KKBK0002061
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 Parbhani Khanapur Tarf Zari Branch in Parbhani.
For example, the IFSC Code KKBK0002061 of Kotak Mahindra Bank Limited for the Parbhani Khanapur Tarf Zari Branch branch includes these elements, identifying the bank and the branch location in Parbhani and Maharashtra accurately.
How to Find IFSC Code for Kotak Mahindra Bank Limited?
If you are trying to find the IFSC Code KKBK0002061 of Kotak Mahindra Bank Limited for its Parbhani Khanapur Tarf Zari Branch branch located in Parbhani, 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 Parbhani and Khanapur Tarf Zari, 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 Parbhani Khanapur Tarf Zari Branch or Parbhani to get the exact IFSC Code KKBK0002061.
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 Parbhani, you'll get the correct details.
How to Use IFSC Code KKBK0002061 for Online Transfers?
Once you have the IFSC Code KKBK0002061 for the Parbhani Khanapur Tarf Zari Branch branch of Kotak Mahindra Bank Limited in Parbhani, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KKBK0002061. 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 KKBK0002061.
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 Parbhani Khanapur Tarf Zari Branch in Parbhani, 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 Parbhani Khanapur Tarf Zari 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 Parbhani manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KKBK0002061.
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 Upper Grd Flr 99A B L Avenue Cmplx Basmat Rd Khanapur Tarf Zari Dist Parbhani Maharashtra Pin 431401 located in Parbhani, Khanapur Tarf Zari, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.