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 Siddhpur Patan Branch branch in Patan, Sidhpur, Gujarat, 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 Patan or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code KKBK0000848. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Kotak Mahindra Bank Limited, Siddhpur Patan Branch, Patan
Below in the table are the key details related to IFSC Code KKBK0000848 of Kotak Mahindra Bank Limited for its branch located in Patan, within the district of Sidhpur in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| IFSC Code | KKBK0000848 |
| Branch | Siddhpur Patan Branch |
| City | Patan |
| District | Sidhpur |
| State | Gujarat |
| Address | Kotak Mahindra Bank Ltd Pramukh Plaza Tavadiya Char Rasta Near Shlok Empire Patan Sidhpur 384151 Gujarat |
These details help users in online banking and for businesses and individuals who use Kotak Mahindra Bank Limited in Patan for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0000848 for the Siddhpur Patan Branch 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 Siddhpur Patan Branch, Patan, Gujarat, are given a unique IFSC like KKBK0000848 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Patan.
- 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 Patan and Sidhpur.
- 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 Siddhpur Patan Branch goes to the correct branch. This is important because Kotak Mahindra Bank Limited has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code KKBK0000848
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 Siddhpur Patan Branch in Patan.
For example, the IFSC Code KKBK0000848 of Kotak Mahindra Bank Limited for the Siddhpur Patan Branch branch includes these elements, identifying the bank and the branch location in Patan and Gujarat accurately.
How to Find IFSC Code for Kotak Mahindra Bank Limited?
If you are looking for the IFSC Code KKBK0000848 of Kotak Mahindra Bank Limited for its Siddhpur Patan Branch branch located in Patan, 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 Patan and Sidhpur, 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 Siddhpur Patan Branch or Patan to get the exact IFSC Code KKBK0000848.
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 Patan, then it will provide you proper information.
How to Use IFSC Code KKBK0000848 for Online Transfers?
If you have the IFSC Code KKBK0000848 for the Siddhpur Patan Branch branch of Kotak Mahindra Bank Limited in Patan, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KKBK0000848. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Kotak Mahindra Bank Limited IFSC Code KKBK0000848.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Kotak Mahindra Bank Limited Siddhpur Patan Branch in Patan, it may 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 Siddhpur Patan Branch, 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 Patan to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is KKBK0000848.
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 Kotak Mahindra Bank Ltd Pramukh Plaza Tavadiya Char Rasta Near Shlok Empire Patan Sidhpur 384151 Gujarat located in Patan, Sidhpur, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.