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 Karahiya Branch branch in Rewa, Karahiya, Madhya Pradesh, 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 Rewa or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code KKBK0005954. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Kotak Mahindra Bank Limited, Karahiya Branch, Rewa
Below in the table are the key details related to IFSC Code KKBK0005954 of Kotak Mahindra Bank Limited for its branch located in Rewa, within the district of Karahiya in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| IFSC Code | KKBK0005954 |
| Branch | Karahiya Branch |
| City | Rewa |
| District | Karahiya |
| State | Madhya Pradesh |
| Address | Gr Flr Khasra No 75 Opp New Grain Market Karahiya Post Rewa Tehsil Huzur District Rewa Mp Pin 486001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Kotak Mahindra Bank Limited in Rewa for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0005954 for the Karahiya Branch branch of Kotak Mahindra Bank Limited has 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, including Kotak Mahindra Bank Limited located in Karahiya Branch, Rewa, Madhya Pradesh, is provided with a unique IFSC like KKBK0005954 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 Rewa.
- 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 Rewa and Karahiya.
- 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Kotak Mahindra Bank Limited in Karahiya Branch do not get mixed with another location.
Format of the IFSC Code KKBK0005954
This is the format of the IFSC Code for banks, including Kotak Mahindra Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Kotak Mahindra Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Karahiya Branch in Rewa.
For example, the IFSC Code KKBK0005954 of Kotak Mahindra Bank Limited for the Karahiya Branch branch includes these elements, identifying the bank and the branch location in Rewa and Madhya Pradesh accurately.
How to Find IFSC Code for Kotak Mahindra Bank Limited?
If you are trying to find the IFSC Code KKBK0005954 of Kotak Mahindra Bank Limited for its Karahiya Branch branch located in Rewa, 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
You can easily find the IFSC and MICR codes because most banks, including Kotak Mahindra Bank Limited branches in Rewa and Karahiya, print them 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 Karahiya Branch or Rewa to get the exact IFSC Code KKBK0005954.
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 Rewa, you'll get the correct details.
How to Use IFSC Code KKBK0005954 for Online Transfers?
Once you have the IFSC Code KKBK0005954 for the Karahiya Branch branch of Kotak Mahindra Bank Limited in Rewa, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KKBK0005954. 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 KKBK0005954.
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 Karahiya Branch in Rewa, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Kotak Mahindra Bank Limited in Karahiya Branch, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Rewa manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is KKBK0005954.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Gr Flr Khasra No 75 Opp New Grain Market Karahiya Post Rewa Tehsil Huzur District Rewa Mp Pin 486001 located in Rewa, Karahiya, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.