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 Valmiki Urban Co Op Bank Ltd Pathri branch in Parbhani, Parbhani, 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 KKBK0VUCB01. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Kotak Mahindra Bank Limited, Valmiki Urban Co Op Bank Ltd Pathri, Parbhani
Here are the main details that are associated with the IFSC Code KKBK0VUCB01 of Kotak Mahindra Bank Limited for its branch located in Parbhani, within the district of Parbhani in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| IFSC Code | KKBK0VUCB01 |
| Branch | Valmiki Urban Co Op Bank Ltd Pathri |
| City | Parbhani |
| District | Parbhani |
| State | Maharashtra |
| Address | Valmiki Urban Co Op Bank Ltd Ltd Parbhani Taluka Pathri Dist Parbhani Sai Road Pathri 441215 |
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 KKBK0VUCB01 for the Valmiki Urban Co Op Bank Ltd Pathri 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 Valmiki Urban Co Op Bank Ltd Pathri, Parbhani, Maharashtra, are allotted a unique IFSC like KKBK0VUCB01 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 Parbhani.
- 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 Valmiki Urban Co Op Bank Ltd Pathri reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code KKBK0VUCB01
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 Valmiki Urban Co Op Bank Ltd Pathri in Parbhani.
For example, the IFSC Code KKBK0VUCB01 of Kotak Mahindra Bank Limited for the Valmiki Urban Co Op Bank Ltd Pathri branch has these elements, identifying the bank and the branch location in Parbhani and Maharashtra correctly.
How to Find IFSC Code for Kotak Mahindra Bank Limited?
If you are trying to find the IFSC Code KKBK0VUCB01 of Kotak Mahindra Bank Limited for its Valmiki Urban Co Op Bank Ltd Pathri 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
You can easily find the IFSC and MICR codes because most banks, including Kotak Mahindra Bank Limited branches in Parbhani and Parbhani, print them 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 Valmiki Urban Co Op Bank Ltd Pathri or Parbhani to get the exact IFSC Code KKBK0VUCB01.
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 KKBK0VUCB01 for Online Transfers?
Once you have the IFSC Code KKBK0VUCB01 for the Valmiki Urban Co Op Bank Ltd Pathri 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 KKBK0VUCB01. 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 KKBK0VUCB01.
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 Valmiki Urban Co Op Bank Ltd Pathri 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 Valmiki Urban Co Op Bank Ltd Pathri, 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 KKBK0VUCB01.
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 Valmiki Urban Co Op Bank Ltd Ltd Parbhani Taluka Pathri Dist Parbhani Sai Road Pathri 441215 located in Parbhani, Parbhani, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.