Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Kotak Mahindra Bank Limited for its Kokan Mercantile Co Op Bank Ltd Murud Janjira branch in Raigad, Murud, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Kotak Mahindra Bank Limited located in Raigad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KKBK0KMCB52. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Kotak Mahindra Bank Limited, Kokan Mercantile Co Op Bank Ltd Murud Janjira, Raigad
Below in the table are the key details related to IFSC Code KKBK0KMCB52 of Kotak Mahindra Bank Limited for its branch located in Raigad, within the district of Murud in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| IFSC Code | KKBK0KMCB52 |
| Branch | Kokan Mercantile Co Op Bank Ltd Murud Janjira |
| City | Raigad |
| District | Murud |
| State | Maharashtra |
| Address | Kokan Mercantile Co-Op Bank Ltd Murud- Janjira House 17/83, Sardar Patel Road, Murud-Janjira, Dist. Raigad 402 401 |
These details help users in online banking and for businesses and individuals who use Kotak Mahindra Bank Limited in Raigad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0KMCB52 for the Kokan Mercantile Co Op Bank Ltd Murud Janjira 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, including Kotak Mahindra Bank Limited located in Kokan Mercantile Co Op Bank Ltd Murud Janjira, Raigad, Maharashtra, is provided with a unique IFSC like KKBK0KMCB52 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 Raigad.
- 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 Raigad and Murud.
- 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 Kokan Mercantile Co Op Bank Ltd Murud Janjira do not get mixed with another location.
Format of the IFSC Code KKBK0KMCB52
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 Kokan Mercantile Co Op Bank Ltd Murud Janjira in Raigad.
For example, the IFSC Code KKBK0KMCB52 of Kotak Mahindra Bank Limited for the Kokan Mercantile Co Op Bank Ltd Murud Janjira branch includes these elements, identifying the bank and the branch location in Raigad and Maharashtra accurately.
How to Find IFSC Code for Kotak Mahindra Bank Limited?
If you are trying to find the IFSC Code KKBK0KMCB52 of Kotak Mahindra Bank Limited for its Kokan Mercantile Co Op Bank Ltd Murud Janjira branch located in Raigad, 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
Most banks, including Kotak Mahindra Bank Limited branches in Raigad and Murud, print the IFSC and MICR codes 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 Kokan Mercantile Co Op Bank Ltd Murud Janjira or Raigad to get the exact IFSC Code KKBK0KMCB52.
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 Raigad, you'll get the correct details.
How to Use IFSC Code KKBK0KMCB52 for Online Transfers?
Once you have the IFSC Code KKBK0KMCB52 for the Kokan Mercantile Co Op Bank Ltd Murud Janjira branch of Kotak Mahindra Bank Limited in Raigad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KKBK0KMCB52. 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 KKBK0KMCB52.
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 Kokan Mercantile Co Op Bank Ltd Murud Janjira in Raigad, 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 Kokan Mercantile Co Op Bank Ltd Murud Janjira, 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 Raigad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is KKBK0KMCB52.
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 Kokan Mercantile Co-Op Bank Ltd Murud- Janjira House 17/83, Sardar Patel Road, Murud-Janjira, Dist. Raigad 402 401 located in Raigad, Murud, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.