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 Saibaba Nagari Sah Bank L Manwath branch in Parbhani, Manwath, 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 Parbhani or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KKBK0SBSB03. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Kotak Mahindra Bank Limited, Saibaba Nagari Sah Bank L Manwath, Parbhani
The table below shows the main details of the IFSC Code KKBK0SBSB03 for the Kotak Mahindra Bank Limited branch in Parbhani, which falls under the Manwath district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| IFSC Code | KKBK0SBSB03 |
| Branch | Saibaba Nagari Sah Bank L Manwath |
| City | Parbhani |
| District | Manwath |
| State | Maharashtra |
| Address | Saibaba Nagari Sahakari Bank Ltd Sailu, Manwath, Near Muncipal Corporation |
These details are crucial, not just for online banking users but also for businesses and individuals who use Kotak Mahindra Bank Limited in Parbhani for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0SBSB03 for the Saibaba Nagari Sah Bank L Manwath 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, along with Kotak Mahindra Bank Limited located in Saibaba Nagari Sah Bank L Manwath, Parbhani, Maharashtra, are allotted a unique IFSC like KKBK0SBSB03 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 Manwath.
- 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 Saibaba Nagari Sah Bank L Manwath reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code KKBK0SBSB03
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 Saibaba Nagari Sah Bank L Manwath in Parbhani.
For example, the IFSC Code KKBK0SBSB03 of Kotak Mahindra Bank Limited for the Saibaba Nagari Sah Bank L Manwath 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 looking for the IFSC Code KKBK0SBSB03 of Kotak Mahindra Bank Limited for its Saibaba Nagari Sah Bank L Manwath branch located in Parbhani, 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 Parbhani and Manwath, 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 Saibaba Nagari Sah Bank L Manwath or Parbhani to get the exact IFSC Code KKBK0SBSB03.
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 Parbhani, then it will provide you proper information.
How to Use IFSC Code KKBK0SBSB03 for Online Transfers?
Once you have the IFSC Code KKBK0SBSB03 for the Saibaba Nagari Sah Bank L Manwath branch of Kotak Mahindra Bank Limited in Parbhani, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KKBK0SBSB03. 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 KKBK0SBSB03.
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 Saibaba Nagari Sah Bank L Manwath in Parbhani, 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 Saibaba Nagari Sah Bank L Manwath, 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 Parbhani to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is KKBK0SBSB03.
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 Saibaba Nagari Sahakari Bank Ltd Sailu, Manwath, Near Muncipal Corporation located in Parbhani, Manwath, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.