KKBK0007863 IFSC Code, KOTAK MAHINDRA BANK, PALAKOL

IFSC Code of Kotak Mahindra Bank, Palakol, Andhra Pradesh IFSC CODE & MICR CODE

KOTAK MAHINDRA BANK, PALAKOL - KKBK0007863

  • Bank name: KOTAK MAHINDRA BANK

Bank Address: No 14 7 8 9th Ward Rangamannarpet Palakol 534260

  • IFSC Code kkbk0007863
  • Bank Code KKBK
  • Bank name KOTAK MAHINDRA BANK
  • Bank contact number +9118602662666
  • Bank branch PALAKOL
  • Bank ISO3166 Code IN-AP
  • Bank Center PALACOLE
  • MICR Code 534485302
  • State name ANDHRA PRADESH
  • District name PALACOLE
  • City name WEST GODAVARI
  • 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, PALAKOL branch is KKBK0007863, ensures that your transactions are directed to the correct branch.

How to Use KKBK0007863 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 PALAKOL 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.