KKBK0007242 IFSC Code, KOTAK MAHINDRA BANK, LAXMI SAGAR BRANCH

IFSC Code of Kotak Mahindra Bank, Laxmi Sagar Branch, Odisha IFSC CODE & MICR CODE

KOTAK MAHINDRA BANK, LAXMI SAGAR BRANCH - KKBK0007242

  • Bank name: KOTAK MAHINDRA BANK

Bank Address: Upper Ground Floor Plot No 345 351 352 Laxmi Sagar Thana No 48 Ward No Unit No 31 Bhubanehwar 751006

  • IFSC Code kkbk0007242
  • Bank Code KKBK
  • Bank name KOTAK MAHINDRA BANK
  • Bank contact number +9118602662666
  • Bank branch LAXMI SAGAR BRANCH
  • Bank ISO3166 Code IN-OR
  • Bank Center BHUBANESWAR
  • MICR Code 751485005
  • State name ODISHA
  • District name BHUBANESWAR
  • City name KHORDHA
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for KOTAK MAHINDRA BANK, LAXMI SAGAR BRANCH branch is KKBK0007242, ensures that your transactions are directed to the correct branch.

How to Use KKBK0007242 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the LAXMI SAGAR BRANCH branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.