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 Booty More Branch branch in Ranchi, Dumardaga, Jharkhand, 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 Ranchi or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code KKBK0005635. 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, Booty More Branch, Ranchi

Here are the key points that are associated with the IFSC Code KKBK0005635 of Kotak Mahindra Bank Limited for its branch located in Ranchi, within the district of Dumardaga in the state of Jharkhand.

Particulars Details
Bank Kotak Mahindra Bank Limited
IFSC Code KKBK0005635
Branch Booty More Branch
City Ranchi
District Dumardaga
State Jharkhand
Address Gr Flr Plot No 137 138 Nh 33 Dumardaga Post Neori Vikas Vidyalaya Dist Ranchi Jharkhand Pin 835217

These details are essential not only for online banking users but also for businesses and individuals who use Kotak Mahindra Bank Limited in Ranchi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0005635 for the Booty More Branch branch of Kotak Mahindra Bank Limited plays an 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 Booty More Branch, Ranchi, Jharkhand, are given a unique IFSC like KKBK0005635 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Ranchi.
  • 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 Ranchi and Dumardaga.
  • 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 Booty More Branch goes to the correct branch. This is important because Kotak Mahindra Bank Limited has thousands of branches in Jharkhand and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code KKBK0005635

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 Booty More Branch in Ranchi.

For example, the IFSC Code KKBK0005635 of Kotak Mahindra Bank Limited for the Booty More Branch branch has these elements, identifying the bank and the branch location in Ranchi and Jharkhand correctly.

How to Find IFSC Code for Kotak Mahindra Bank Limited?

If you are trying to find the IFSC Code KKBK0005635 of Kotak Mahindra Bank Limited for its Booty More Branch branch located in Ranchi, 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 Ranchi and Dumardaga, 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 Booty More Branch or Ranchi to get the exact IFSC Code KKBK0005635.

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 Ranchi that will provide accurate information.

How to Use IFSC Code KKBK0005635 for Online Transfers?

Once you have the IFSC Code KKBK0005635 for the Booty More Branch branch of Kotak Mahindra Bank Limited in Ranchi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code KKBK0005635. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 KKBK0005635.

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 Booty More Branch in Ranchi, your payment can get delayed or might not go through at all.

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 Booty More 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 Ranchi manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Kotak Mahindra Bank Limited in Booty More Branch, Ranchi?

The IFSC Code is KKBK0005635.

Is the IFSC Code KKBK0005635 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 Booty More 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 Booty More Branch branch?

The address of the branch is Gr Flr Plot No 137 138 Nh 33 Dumardaga Post Neori Vikas Vidyalaya Dist Ranchi Jharkhand Pin 835217 located in Ranchi, Dumardaga, 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.