Kotak Mahindra Bank Limited CHAKBANDI BRANCH IFSC Code, MICR Code, Contact No. - Satna, Madhya Pradesh

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

IFSC Code, MICR Code, Contact No. of Kotak Mahindra Bank Limited CHAKBANDI BRANCH - Satna, Madhya Pradesh

IFSC Code:KKBK0005953
MICR Code:485485001
Branch Code:005953 (Last six characters of IFSC Code represent Branch code)
Address:GR FLR KHASRA NO 40 2 HALKA BABUPUR VILAGE CHAKBANDI BLOCK SOHAWAL MAHADEVA DIST SATNA MP PIN 485001
Branch:CHAKBANDI BRANCH
City:SATNA
District:Satna
State:Madhya Pradesh
Contact No.:999-99999999

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Kotak Mahindra Bank Limited IFSC Code is KKBK0005953, MICR Code is 485485001, Branch Code is 005953 which is last six characters of IFSC Code, Branch name is CHAKBANDI BRANCH located in GR FLR KHASRA NO 40 2 HALKA BABUPUR VILAGE CHAKBANDI BLOCK SOHAWAL MAHADEVA DIST SATNA MP PIN 485001, SATNA, Satna, Madhya Pradesh, Contact no. is 999-99999999. IFSC code is used for NEFT, IMPS and RTGS Transactions.

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.