The Indian Financial System Code, better known as the IFSC code, is an 11-digit alphanumeric code used by electronic payment systems to transfer funds from one bank account to another through NEFT, RTGS and CMFS. It is a unique code assigned to every bank branch participating in NEFT by the Reserve Bank of India. No two branches can have the same codes.

 

Let us take a look at the Kotak Mahindra Bank IFSC Code. The initial 4 letters of a Kotak Mahindra’s IFSC code are ‘KKBK’, the remaining 7 letters refer to the branch code. For example, the Nicholson Road Ambala Cantt branch of Kotak Mahindra has the IFSC code KKBK0000288, where ‘0000288’ is the code of the branch. Using IFSC, the RBI tracks all electronic and banking transactions like NEFT, RTGS, and IMPS of all Indian banks seamlessly.

About Kotak Mahindra Bank

Kotak Mahindra Finance Ltd. started its journey in 1985, and since then it has been one of the most trusted financial institutions. In 2003, KMFL became India's first non-banking finance company to be converted into a commercial bank. Over the years, they kept flourishing all over India and making prominent contributions in the world of finance. Their increasing customer base and the positive business graph reflect their brand image.

 

Kotak Mahindra was awarded the Asset Country Awards 2019 Best Bank, it ranked 4th in the Best Managed Company by FinanceAsia and was recognised as the Best Domestic Bank at the AsiaMoney Best Bank Awards 2019.

How to Find the Kotak Mahindra Bank IFSC Code and MICR Code Online

If you need to find Kotak’s IFSC Code and MICR Code of your branch office, you can easily do so through your Kotak Mahindra net banking app. When you log in on the left side of the portal is the option ‘Account Number’, click it and then go to Account Overview. Under this section, you would be able to see your IFSC code. You can also use any search engine to get this detail.

How to Find Kotak Mahindra Bank IFSC Code and MICR Code Offline

Apart from finding the IFSC code and MICR code online, you can also find them on your bank passbook’s first page and every page of your cheque book. The 11-digit alphanumeric code starting with ‘KKBK’ is your IFSC code, and a 9-digit long code is the MICR code. The first three digits of the MICR code represent the city, the next three represent the bank code and the last three digits represent the bank branch. Keep in mind that both IFSC code and MICR code are unique to each branch of any bank.

How to Transfer Money via Kotak Mahindra Bank through NEFT

The National Electronic Fund Transfer System, known as NEFT is a 24X7 nationwide fund transfer system from one bank branch to another using IFSC code. It can be simply done using your phone, laptop, computer or any such device that has access to the internet. It is a fast process that saves a lot of time and energy as you can easily avoid branch visits and do all kinds of bank jobs from the comfort of your home or workplace.

 

To transfer money via Kotak Mahindra bank through NEFT, simply login to Kotak’s website, add beneficiary (the person you wish to send money to) details like bank name, bank account number and IFSC code. Then enter the amount and confirm.

 

If you want to transfer money using NEFT from another bank to Kotak Mahindra Bank, enter the IFSC code of the particular branch of Kotak Mahindra Bank. The time taken for the money to reach the beneficiary’s account depends on his/ her bank procedures. However, the funds are generally transferred within the same day if the transaction is made within the cut-off time, else it is transferred on the next day.

How to Transfer Money via Kotak Mahindra Bank through RTGS

If you wish to transact an amount above INR 2 Lakhs to a non-Kotak Mahindra Bank account, RTGS is the most convenient option. There is no maximum limit and it is a fast process as well. However, you would have to ensure that the beneficiary’s bank is also a participant in the Real Time Gross Settlement (RTGS) by the RBI. The money transfer can be done via mobile banking, online banking, or at the bank branch well.

How to Transfer Money via Kotak Mahindra Bank through IMPS

Immediate Payment System(IMPS) is an instant interbank fund transfer system that allows easy transfer of amount from your account to the beneficiary’s account by mentioning the IFSC code and bank account number. To avail of this 24x7 facility, you require a valid MMID along with a device with an internet connection.

Information Required for Transferring Funds with Kotak Mahindra Bank

To process online fund transfers, the following details are required-

  • The amount that has to be transferred from your account to another

  • Your Account Number

  • Name of the beneficiary

  • Account Number of the beneficiary

  • IFSC code of the recipient’s bank branch

  • Sender to receiver information (if any)

 

For Kotak Bank’s IFSC Code Based Transfer

  • Name of the beneficiary

  • Account number of the beneficiary

  • IFSC code of the recipient’s bank branch

 

For MMID Based Transfer

  • Name of the beneficiary

  • Beneficiary’s MMID

  • Mobile number of the beneficiary

FAQs on Kotak Mahindra Bank IFSC Code

  • ✔️What is Kotak IFSC code?

    The 11-digit IFSC code of Kotak differs for different branches. It starts with KKBK, and the following 7 letters differ with respect to the bank branches.

  • ✔️Which branch IFSC code is KKBK0000811?

    Ahmedabad Ghantakarna Market branch of Kotak Mahindra bank has the IFSC code KKBK0000811.

  • ✔️How can I get the IFSC code for Kotak Net Banking?

    IFSC code is available on the Account Overview section in NetBanking and Mobile Banking.

  • ✔️What is my IFSC code?

    It is a unique code that is assigned to every bank branch. You can get your IFSC code on the first page of your bank passbook and also on every page of your cheque book.