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Kotak Mahindra Bank

DEVANUR BRANCH BRANCH

+9118602662666

IFSC CODE
KKBK0008328
MICR Code 580485303
Branch Code 008328
City / District DEVANUR
State KARNATAKA
Office Address GRD FLOOR SHOP NO 4 KHATA NO 356 LINGRAJ NGR POST DEVANUR KUNDGOL DIST DHARWAD KARNATAKA PIN 581113
Phone +9118602662666
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Understanding IFSC Code: The Digital DNA of Kotak Mahindra Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the DEVANUR BRANCH branch of Kotak Mahindra Bank, the code KKBK0008328 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the KKBK0008328 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"KKBK" represents Kotak Mahindra Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for DEVANUR BRANCH

Payment Systems Supported by KKBK0008328

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—580485303—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Kotak Mahindra Bank in DEVANUR typically follows the RBI holiday calendar. Digital transfers via KKBK0008328 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While KKBK0008328 is the valid code for DEVANUR BRANCH at DEVANUR, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

  • • Kotak Mahindra Bank Branch List
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  • • Swift Code for Kotak Mahindra Bank
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Financial Tools

  • • GST Calculator Online
  • • Personal Loan EMI Calc
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Branch Context

  • • DEVANUR BRANCH Contact
  • • Address of Kotak Mahindra Bank
  • • MICR Code Finder
  • • KARNATAKA Banking Circle

Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
  • • Webmaster Tools
  • • IFSC Finder v2.0

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