IFSC Code
Kotak Mahindra Bank Limited IFSC Code - Cloth Market Branch
Branch Details
How to Transfer Funds Using Kotak Mahindra Bank Limited Cloth Market Branch IFSC Code?
You can transfer money electronically to the Kotak Mahindra Bank Limited Cloth Market Branch branch using the IFSC code KKBK0005942. Follow this step-by-step transaction guide:
- Log in to your bank's official internet banking portal or open their mobile banking application.
- Navigate to the **'Fund Transfer'** or **'Add Beneficiary'** option.
- Enter the beneficiary's name and their account number.
- In the IFSC field, enter the 11-digit code KKBK0005942.
- The system will automatically verify the branch name as **Cloth Market Branch** located at Gr Floor And First Floor 85 Sir Hukum Chand Marg Cloth Market Itwariya Bazar Indore 452002.
- Confirm the beneficiary registration and choose your transfer method: **NEFT**, **RTGS**, or **IMPS**.
- Enter the amount you wish to transfer and complete the transaction securely via OTP verification.
Important: Always double check the account number and IFSC code before authorizing a transaction to avoid failures or incorrect deposits.
Frequently Asked Questions
1. What is the IFSC Code of Kotak Mahindra Bank Limited Cloth Market Branch?
The IFSC Code of Kotak Mahindra Bank Limited Cloth Market Branch is KKBK0005942. This 11-digit alphanumeric code is mandatory for all online fund transfers, including NEFT, RTGS, and IMPS.
2. What is the MICR Code for Kotak Mahindra Bank Limited Cloth Market Branch?
The MICR Code for Kotak Mahindra Bank Limited Cloth Market Branch is NA. It is a 9-digit code printed on the bottom of cheque leaves, used primarily for faster clearing of cheques.
3. Where is Kotak Mahindra Bank Limited Cloth Market Branch located?
The branch is located at Gr Floor And First Floor 85 Sir Hukum Chand Marg Cloth Market Itwariya Bazar Indore 452002, in the city of Indore, Indore district, Madhya Pradesh.
4. How can I use the KKBK0005942 IFSC code?
You can use KKBK0005942 to transfer money electronically via internet banking or mobile apps. Simply add the beneficiary, enter their account number, name, and this IFSC code to initiate a secure NEFT, RTGS, or IMPS transaction.