The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Kotak Mahindra Bank Limited for its Apmc Market Sector 19 Vashi Branch branch in Thane, Navi Mumbai, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Kotak Mahindra Bank Limited located in Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KKBK0001370. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Kotak Mahindra Bank Limited, Apmc Market Sector 19 Vashi Branch, Thane
Below in the table are the key details related to IFSC Code KKBK0001370 of Kotak Mahindra Bank Limited for its branch located in Thane, within the district of Navi Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| IFSC Code | KKBK0001370 |
| Branch | Apmc Market Sector 19 Vashi Branch |
| City | Thane |
| District | Navi Mumbai |
| State | Maharashtra |
| Address | Ground, Mezzanine And First Floor, Building M, Unit No 18 & 19, Apmc Masala Market, Turbhe, Vashi, Navi Mumbai, District - Thane - 400703. Maharashtra. |
These details helps users in online banking and for businesses and individuals who use Kotak Mahindra Bank Limited in Thane for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0001370 for the Apmc Market Sector 19 Vashi 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, including Kotak Mahindra Bank Limited located in Apmc Market Sector 19 Vashi Branch, Thane, Maharashtra, is provided with a unique IFSC like KKBK0001370 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 Thane.
- 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 Thane and Navi Mumbai.
- 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 Apmc Market Sector 19 Vashi Branch do not get mixed with another location.
Format of the IFSC Code KKBK0001370
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 Apmc Market Sector 19 Vashi Branch in Thane.
For example, the IFSC Code KKBK0001370 of Kotak Mahindra Bank Limited for the Apmc Market Sector 19 Vashi Branch branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.
How to Find IFSC Code for Kotak Mahindra Bank Limited?
If you are trying to find the IFSC Code KKBK0001370 of Kotak Mahindra Bank Limited for its Apmc Market Sector 19 Vashi Branch branch located in Thane, 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 Thane and Navi Mumbai, 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 Apmc Market Sector 19 Vashi Branch or Thane to get the exact IFSC Code KKBK0001370.
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 Thane that will provide accurate information.
How to Use IFSC Code KKBK0001370 for Online Transfers?
Once you have the IFSC Code KKBK0001370 for the Apmc Market Sector 19 Vashi Branch branch of Kotak Mahindra Bank Limited in Thane, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KKBK0001370. 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 KKBK0001370.
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 Apmc Market Sector 19 Vashi Branch in Thane, 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 Apmc Market Sector 19 Vashi 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 Thane manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KKBK0001370.
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 Ground, Mezzanine And First Floor, Building M, Unit No 18 & 19, Apmc Masala Market, Turbhe, Vashi, Navi Mumbai, District - Thane - 400703. Maharashtra. located in Thane, Navi Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.