IFSC Code KKBK0005987 - Kotak Mahindra Bank Limited Neemuch Ambedkar Marg
KOTAK MAHINDRA BANK LTD GROUND FLOOR 231 AMBEDKAR MARG NEEMUCH - 458441. MADHYA PRADESH
Quick Info
IFSC: KKBK0005987
Pincode: 458441
District: Neemuch
Status: Active
About Kotak Mahindra Bank Limited Neemuch Ambedkar Marg
IFSC Code KKBK0005987 belongs to Kotak Mahindra Bank Limited Neemuch Ambedkar Marg branch located in Neemuch, Neemuch, Madhya Pradesh. This branch serves customers in Neemuch, Neemuch, Madhya Pradesh and surrounding areas.
Understanding IFSC Code KKBK0005987
The IFSC (Indian Financial System Code) KKBK0005987 is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify this specific bank branch. The code structure follows a specific format:
- First 4 characters (KKBK): Bank code identifying Kotak Mahindra Bank Limited
- 5th character (0): Reserved for future use (always 0)
- Last 6 characters (005987): Unique branch identifier for Neemuch Ambedkar Marg
Electronic Fund Transfer Services
IFSC Code KKBK0005987 is essential for all electronic fund transfers in India. This code ensures that money transfers are routed to the correct bank branch. The following payment systems use IFSC codes:
NEFT (National Electronic Funds Transfer)
Batch processing system for fund transfers. Available Yes at this branch.
Processing: Multiple batches daily, typically settles within 2 hours during banking hours.
RTGS (Real Time Gross Settlement)
Real-time fund transfer for high-value transactions (minimum ₹2 lakh). Available Yes at this branch.
Processing: Real-time settlement, typically within minutes during RTGS hours.
IMPS (Immediate Payment Service)
24/7 instant fund transfer service via mobile or internet banking. Available Yes at this branch.
Processing: Instant transfer, available 24/7 including holidays.
UPI (Unified Payments Interface)
Instant mobile payment system using UPI ID or QR code. Available Yes at this branch.
Processing: Instant transfer, available 24/7, no IFSC code needed for UPI transactions.
Branch Location and Accessibility
The Kotak Mahindra Bank Limited Neemuch Ambedkar Marg branch is located at KOTAK MAHINDRA BANK LTD GROUND FLOOR 231 AMBEDKAR MARG NEEMUCH - 458441. MADHYA PRADESH (Pincode: 458441) in Neemuch, Neemuch, Madhya Pradesh. This location serves customers in Neemuch, Neemuch, Madhya Pradesh and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code KKBK0005987 to ensure the transaction is routed correctly.
How to Use IFSC Code KKBK0005987
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: KKBK0005987 (for NEFT, RTGS, IMPS)
- Account Number: The recipient's account number
- Account Holder Name: As registered with the bank
Finding Other Kotak Mahindra Bank Limited Branches
If you're looking for other Kotak Mahindra Bank Limited branches in Neemuch, Neemuch, Madhya Pradesh or nearby areas, use our Kotak Mahindra Bank Limited branch finder. You can search by city, district, or state to find all Kotak Mahindra Bank Limited branches with their respective IFSC codes.
Branch Details
| IFSC Code: | KKBK0005987 |
| Bank Name: | Kotak Mahindra Bank Limited |
| Branch Name: | Neemuch Ambedkar Marg |
| Address: | KOTAK MAHINDRA BANK LTD GROUND FLOOR 231 AMBEDKAR MARG NEEMUCH - 458441. MADHYA PRADESH |
| City: | Neemuch |
| District: | Neemuch |
| State: | Madhya Pradesh |
| Pincode: | 458441 |
Payment Services Available
Kotak Mahindra Bank Limited Neemuch Ambedkar Marg Branch IFSC Code KKBK0005987 — Complete Banking Guide for Neemuch, Madhya Pradesh
IFSC code KKBK0005987 belongs to the Neemuch Ambedkar Marg branch of Kotak Mahindra Bank Limited in Neemuch, Neemuch district, Madhya Pradesh. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC KKBK0005987 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.
About Kotak Mahindra Bank Limited, Neemuch Ambedkar Marg Branch
The Neemuch Ambedkar Marg branch of Kotak Mahindra Bank Limited in Neemuch, Madhya Pradesh serves retail and corporate customers in Neemuch district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC KKBK0005987 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC KKBK0005987
Four primary digital payment rails use IFSC KKBK0005987 for transfers to Kotak Mahindra Bank Limited, Neemuch Ambedkar Marg: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC KKBK0005987 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the Neemuch Ambedkar Marg branch of Kotak Mahindra Bank Limited in Neemuch carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC KKBK0005987 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.
How to Verify IFSC KKBK0005987 Before Transferring
Before initiating any high-value transfer to IFSC KKBK0005987, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) Kotak Mahindra Bank Limited's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.
FAQs — Kotak Mahindra Bank Limited Neemuch Ambedkar Marg, Neemuch IFSC
What is the IFSC of Kotak Mahindra Bank Limited Neemuch Ambedkar Marg in Neemuch?
The IFSC of Kotak Mahindra Bank Limited, Neemuch Ambedkar Marg branch in Neemuch, Madhya Pradesh is KKBK0005987. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC KKBK0005987?
There is no minimum amount for NEFT transfers. You can send as little as ₹1. RTGS requires a minimum of ₹2 lakh. IMPS supports up to ₹5 lakh per transaction. All three use IFSC KKBK0005987 to route funds to Kotak Mahindra Bank Limited, Neemuch Ambedkar Marg, Neemuch.
Who assigns IFSC codes like KKBK0005987?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. Kotak Mahindra Bank Limited applied for the IFSC for its Neemuch Ambedkar Marg branch in Neemuch, and RBI issued KKBK0005987 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC KKBK0005987 for UPI payments?
UPI payments are linked to a Virtual Payment Address (VPA) rather than an IFSC directly, but the underlying account is mapped to IFSC KKBK0005987 at Kotak Mahindra Bank Limited, Neemuch Ambedkar Marg, Neemuch. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC KKBK0005987.
About IFSC Code KKBK0005987
IFSC Code KKBK0005987 belongs to Kotak Mahindra Bank Limited branch Neemuch Ambedkar Marg located in Neemuch, Neemuch, Madhya Pradesh.
Branch Information
- IFSC Code: KKBK0005987
- Bank: Kotak Mahindra Bank Limited
- Branch: Neemuch Ambedkar Marg
- Address: KOTAK MAHINDRA BANK LTD GROUND FLOOR 231 AMBEDKAR MARG NEEMUCH - 458441. MADHYA PRADESH
- City: Neemuch
- District: Neemuch
- State: Madhya Pradesh
- Pincode: 458441
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available