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Kotak Mahindra Bank, VIRTUAL ECOLLECTION BRANCH

Here is the IFSC & MICR Codes of Kotak Mahindra Bank, VIRTUAL ECOLLECTION BRANCH, GREATER BOMBAY, MAHARASHTRA. Also get the latest address, contact number of Kotak Mahindra Bank, VIRTUAL ECOLLECTION BRANCH.

IFSC Code
KKBK000VRTL
Branch
VIRTUAL ECOLLECTION BRANCH
Address
KOTAK IT PARK 6TH FLR ZONE 3 BUILDG 21 OFF WESTN EX HIGHWAY GEN AK VAIDYA MARG MALAD E MUMBAI 400097
Bank Code
KKBK

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Frequently asked questions

What's the IFSC Code of VIRTUAL ECOLLECTION BRANCH, Kotak Mahindra Bank?

The IFSC Code of VIRTUAL ECOLLECTION BRANCH, Kotak Mahindra Bank is KKBK000VRTL.

What's the Address of VIRTUAL ECOLLECTION BRANCH, Kotak Mahindra Bank?

The Address of VIRTUAL ECOLLECTION BRANCH, Kotak Mahindra Bank is KOTAK IT PARK 6TH FLR ZONE 3 BUILDG 21 OFF WESTN EX HIGHWAY GEN AK VAIDYA MARG MALAD E MUMBAI 400097.

What's the District VIRTUAL ECOLLECTION BRANCH, Kotak Mahindra Bank falls under?

The District VIRTUAL ECOLLECTION BRANCH, Kotak Mahindra Bank falls under is MUMBAI.

Definition

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

  • The first four characters represent the bank code, identifying the bank that the branch belongs to.
  • The fifth character is always a zero, reserved for future use.
  • The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).