IFSC Code KKBK0005942 - Kotak Mahindra Bank-CLOTH MARKET BRANCH-Indore

Detail Information
IFSC Code KKBK0005942
Bank Name Kotak Mahindra Bank
Address GR FLOOR AND FIRST FLOOR 85 SIR HUKUM CHAND MARG CLOTH MARKET ITWARIYA BAZAR INDORE 452002
District Indore
State Madhya pradesh
Branch Cloth market branch
Contact +918602662666
Centre Available
IMPS Available
UPI Available
MICR 452485007
RTGS 1
NEFT Not Available
ISO3166 IN-MP
Bankcode KKBK

Overview of KKBK0005942

The IFSC code KKBK0005942 is associated with the Indore CLOTH MARKET BRANCH Branch of Kotak Mahindra Bank. Located in the bustling city of Indore, MADHYA PRADESH, this branch is one of the many Kotak Mahindra Bank branches that cater to the banking needs of the local residents. The code "KKBK" in KKBK0005942 represents Kotak Mahindra Bank Bank, while 0005942 signifies the unique branch code for CLOTH MARKET BRANCH.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like KKBK0005942, for the CLOTH MARKET BRANCH Branch, cannot be overstated. It acts as an address that identifies both the Kotak Mahindra Bank and its specific branch in Indore. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into KKBK0005942

The IFSC code KKBK0005942 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Kotak Mahindra Bank in Indore. Let's break down the details:

  • IFSC Code (KKBK0005942): This unique code is essential for electronic fund transfers. The first four characters "KKBK" represent the bank's name, Kotak Mahindra Bank. The last six characters "0005942" are a unique identifier for the CLOTH MARKET BRANCH branch.
  • Bank Name (Kotak Mahindra Bank): One of [country]'s leading banks, Kotak Mahindra Bank offers a wide range of banking products and financial services to its vast customer base.
  • Address (GR FLOOR AND FIRST FLOOR 85 SIR HUKUM CHAND MARG CLOTH MARKET ITWARIYA BAZAR INDORE 452002): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Indore, MADHYA PRADESH): The branch is situated in the heart of Indore, the capital city of MADHYA PRADESH. A city known for its [CITY_FEATURES].
  • Branch (CLOTH MARKET BRANCH): The [AREA_NAME] area in Indore is a hub of activity, and the Kotak Mahindra Bank branch here caters to both individual and business banking needs.
  • Phone Number (+9118602662666): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

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