Kotak Mahindra Bank Limited RAISEN BRANCH IFSC Code, MICR Code - Raisen, Madhya Pradesh

Kotak Mahindra Bank Limited RAISEN BRANCH Branch IFSC Code, MICR Code (Raisen, Madhya Pradesh). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code of Kotak Mahindra Bank Limited RAISEN BRANCH - Raisen, Madhya Pradesh

IFSC Code:KKBK0005924
MICR Code:464485201
Branch Code:005924 (Last six characters of IFSC Code represent Branch code)
Address:ARJUN NAGAR,SAGAR ROAD,RAISEN 464551,TALUKA AND DISTRICT RAISEN MADHYA PRADESH
Branch:RAISEN BRANCH
City:RAISEN
District:Raisen
State:Madhya Pradesh
Contact No.:

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Kotak Mahindra Bank Limited IFSC Code is KKBK0005924, MICR Code is 464485201, Branch Code is 005924 which is last six characters of IFSC Code, Branch name is RAISEN BRANCH located in ARJUN NAGAR,SAGAR ROAD,RAISEN 464551,TALUKA AND DISTRICT RAISEN MADHYA PRADESH, RAISEN, Raisen, Madhya Pradesh, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other Kotak Mahindra Bank Limited Branches at Raisen, Madhya Pradesh

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MANDIDEEP BRANCHRAISEN BRANCH

What is IFSC Code?

IFSC code is an alphanumeric code stands for Indian Financial System Code, which is uniquely assigned to each bank branch for the main three payment and settlement systems in India:

  1. National Electronic Funds Transfer (NEFT)
  2. Real Time Gross Settlement (RTGS)
  3. Immediate Payment Service (IMPS)

IFSC code is represented by 11 digit character, the first 4 characters of the IFSC code represent the name of the bank, the fifth character is 0 reserved for future use, the last 6 numbers represent the branch code of the bank. The very common use of the IFSC Code is to transfer fund using Internet Banking.


What is MICR Code?

MICR code is short for Magnetic Ink Character Recognition Code is a 9-digit code that identifies the city, bank, and branch, which is found at the bottom of the cheque. With a special machine, MICR codes help faster processing of cheques. MICR code is consists of 3 parts:

  1. The first 3 digits represent the city code, this code is aligned with the PIN code we use for a postal address in India.
  2. The next 3 digits represent the bank code.
  3. The last 3 digits represent the branch code.