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IFSC Code of Kotak Mahindra Bank Limited, Jamshedpur Branch, Jamshedpur, Jharkhand — KKBK0005703

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 Jamshedpur Branch branch in Purbi Singhbhum, Jamshedpur, Jharkhand, 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 Purbi Singhbhum or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code KKBK0005703. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Kotak Mahindra Bank Limited, Jamshedpur Branch, Purbi Singhbhum

Here are the key points that are associated with the IFSC Code KKBK0005703 of Kotak Mahindra Bank Limited for its branch located in Purbi Singhbhum, within the district of Jamshedpur in the state of Jharkhand.

Particulars Details
Bank Kotak Mahindra Bank Limited
IFSC Code KKBK0005703
Branch Jamshedpur Branch
City Purbi Singhbhum
District Jamshedpur
State Jharkhand
Address Basement Gr Floor 1St Floor 2Nd Floor And 3Rd Floor 22 Kalimali Rd Main Rd Sakchi Jamshedpur 8310010

These details helps users in online banking and for businesses and individuals who use Kotak Mahindra Bank Limited in Purbi Singhbhum for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0005703 for the Jamshedpur Branch branch of Kotak Mahindra Bank Limited plays a vital 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 Jamshedpur Branch, Purbi Singhbhum, Jharkhand, are allotted a unique IFSC like KKBK0005703 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Purbi Singhbhum.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Purbi Singhbhum and Jamshedpur.
  • 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 Jamshedpur Branch reaches the right place, even though there are thousands of branches in Jharkhand and across India.

Format of the IFSC Code KKBK0005703

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 Jamshedpur Branch in Purbi Singhbhum.

For example, the IFSC Code KKBK0005703 of Kotak Mahindra Bank Limited for the Jamshedpur Branch branch includes these elements, identifying the bank and the branch location in Purbi Singhbhum and Jharkhand accurately.

How to Find IFSC Code for Kotak Mahindra Bank Limited?

If you are trying to find the IFSC Code KKBK0005703 of Kotak Mahindra Bank Limited for its Jamshedpur Branch branch located in Purbi Singhbhum, 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 Purbi Singhbhum and Jamshedpur, 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 Jamshedpur Branch or Purbi Singhbhum to get the exact IFSC Code KKBK0005703.

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 Purbi Singhbhum that will provide accurate information.

How to Use IFSC Code KKBK0005703 for Online Transfers?

Once you have the IFSC Code KKBK0005703 for the Jamshedpur Branch branch of Kotak Mahindra Bank Limited in Purbi Singhbhum, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KKBK0005703. 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 KKBK0005703.

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 Jamshedpur Branch in Purbi Singhbhum, 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 Jamshedpur 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 Purbi Singhbhum to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Kotak Mahindra Bank Limited in Jamshedpur Branch, Purbi Singhbhum?

The IFSC Code is KKBK0005703.

Is the IFSC Code KKBK0005703 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Kotak Mahindra Bank Limited Jamshedpur Branch?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Jamshedpur Branch branch?

The address of the branch is Basement Gr Floor 1St Floor 2Nd Floor And 3Rd Floor 22 Kalimali Rd Main Rd Sakchi Jamshedpur 8310010 located in Purbi Singhbhum, Jamshedpur, Jharkhand.

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.

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