For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Kotak Mahindra Bank Limited for its Fursungi Branch branch in Pune, Fursungi, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Kotak Mahindra Bank Limited located in Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KKBK0001784. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Kotak Mahindra Bank Limited, Fursungi Branch, Pune

Here are the key points that are associated with the IFSC Code KKBK0001784 of Kotak Mahindra Bank Limited for its branch located in Pune, within the district of Fursungi in the state of Maharashtra.

Particulars Details
Bank Kotak Mahindra Bank Limited
IFSC Code KKBK0001784
Branch Fursungi Branch
City Pune
District Fursungi
State Maharashtra
Address Gr Flr Survey 207 Opp Sp Infocity Hadapsar Saswad Rd Taluka Haveli Dist Pune Maharashtra Pin 412308

These details are important not only for users using online banking but also for businesses and individuals who use Kotak Mahindra Bank Limited in Pune for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code KKBK0001784 for the Fursungi 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, including Kotak Mahindra Bank Limited located in Fursungi Branch, Pune, Maharashtra, is provided with a unique IFSC like KKBK0001784 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Kotak Mahindra Bank Limited branch in Pune.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Pune and Fursungi.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Kotak Mahindra Bank Limited in Fursungi Branch do not get mixed with another location.

Format of the IFSC Code KKBK0001784

The format of the IFSC Code for banks, including Kotak Mahindra Bank Limited, has 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 Fursungi Branch in Pune.

For example, the IFSC Code KKBK0001784 of Kotak Mahindra Bank Limited for the Fursungi Branch branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra correctly.

How to Find IFSC Code for Kotak Mahindra Bank Limited?

If you are trying to find the IFSC Code KKBK0001784 of Kotak Mahindra Bank Limited for its Fursungi Branch branch located in Pune, the following methods can help:

Cheque Book

The cheque books that are issued by Kotak Mahindra Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Kotak Mahindra Bank Limited branches in Pune and Fursungi, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Kotak Mahindra Bank Limited and find the branch locator section. Search for Fursungi Branch or Pune to get the exact IFSC Code KKBK0001784.

Mobile Banking App

If you use Kotak Mahindra Bank Limited's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Kotak Mahindra Bank Limited and Pune that will provide accurate information.

How to Use IFSC Code KKBK0001784 for Online Transfers?

Once you have the IFSC Code KKBK0001784 for the Fursungi Branch branch of Kotak Mahindra Bank Limited in Pune, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KKBK0001784. 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 KKBK0001784.

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 Fursungi Branch in Pune, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Kotak Mahindra Bank Limited in Fursungi Branch, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Kotak Mahindra Bank Limited website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Pune manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Kotak Mahindra Bank Limited Fursungi Branch Pune?

The IFSC Code of the Fursungi Branch Pune branch is KKBK0001784.

Is IFSC Code KKBK0001784 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Kotak Mahindra Bank Limited Fursungi Branch branch?

The branch is located at Gr Flr Survey 207 Opp Sp Infocity Hadapsar Saswad Rd Taluka Haveli Dist Pune Maharashtra Pin 412308.

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.