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 Shivshankar Plaza I Sector 8 Airoli 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 KKBK0001360. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Kotak Mahindra Bank Limited, Shivshankar Plaza I Sector 8 Airoli Branch, Thane
Here are the key points that are associated with the IFSC Code KKBK0001360 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 | KKBK0001360 |
| Branch | Shivshankar Plaza I Sector 8 Airoli Branch |
| City | Thane |
| District | Navi Mumbai |
| State | Maharashtra |
| Address | Airoli Branch- Navi Mumbai Ground Floor & First Floor, Shop No. 11,12,& 13 Shivshankar Plaza-I Shivshankar Plaza-I, Co-Operative Housing Society Limited, Sector -8, Airoli Navi Mumbai-400708 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Kotak Mahindra Bank Limited in Thane for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KKBK0001360 for the Shivshankar Plaza I Sector 8 Airoli 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 Shivshankar Plaza I Sector 8 Airoli Branch, Thane, Maharashtra, is provided with a unique IFSC like KKBK0001360 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 Shivshankar Plaza I Sector 8 Airoli Branch do not get mixed with another location.
Format of the IFSC Code KKBK0001360
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 Shivshankar Plaza I Sector 8 Airoli Branch in Thane.
For example, the IFSC Code KKBK0001360 of Kotak Mahindra Bank Limited for the Shivshankar Plaza I Sector 8 Airoli Branch branch has these elements, identifying the bank and the branch location in Thane and Maharashtra correctly.
How to Find IFSC Code for Kotak Mahindra Bank Limited?
If you are trying to find the IFSC Code KKBK0001360 of Kotak Mahindra Bank Limited for its Shivshankar Plaza I Sector 8 Airoli Branch branch located in Thane, 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 Thane and Navi Mumbai, 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 Shivshankar Plaza I Sector 8 Airoli Branch or Thane to get the exact IFSC Code KKBK0001360.
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 Thane, you'll get the correct details.
How to Use IFSC Code KKBK0001360 for Online Transfers?
Once you have the IFSC Code KKBK0001360 for the Shivshankar Plaza I Sector 8 Airoli Branch branch of Kotak Mahindra Bank Limited in Thane, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KKBK0001360. Transfers are processed in batches. This is suitable for 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 KKBK0001360.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Kotak Mahindra Bank Limited Shivshankar Plaza I Sector 8 Airoli Branch in Thane may result in delayed or failed transactions.
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 Shivshankar Plaza I Sector 8 Airoli 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 Thane manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is KKBK0001360.
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 Airoli Branch- Navi Mumbai Ground Floor & First Floor, Shop No. 11,12,& 13 Shivshankar Plaza-I Shivshankar Plaza-I, Co-Operative Housing Society Limited, Sector -8, Airoli Navi Mumbai-400708 located in Thane, Navi Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.