KKBK0007870 IFSC Code, KOTAK MAHINDRA BANK, PENUKONDA

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

KOTAK MAHINDRA BANK, PENUKONDA - KKBK0007870

  • Bank name: KOTAK MAHINDRA BANK

Bank Address: 1 697 A Ground Floor Durga Road Valmikinagar Penukonda 515110

  • IFSC Code kkbk0007870
  • Bank Code KKBK
  • Bank name KOTAK MAHINDRA BANK
  • Bank contact number +9118602662666
  • Bank branch PENUKONDA
  • Bank ISO3166 Code IN-AP
  • Bank Center PENUKONDA
  • MICR Code 515485682
  • State name ANDHRA PRADESH
  • District name PENUKONDA
  • City name ANANTAPUR
  • 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, PENUKONDA branch is KKBK0007870, ensures that your transactions are directed to the correct branch.

How to Use KKBK0007870 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 PENUKONDA 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.