Kotak Mahindra Bank LAXMI SAGAR BRANCH IFSC Code
Kotak Mahindra Bank LAXMI SAGAR BRANCH IFSC Code (KKBK0007242), MICR, address and contact information.
Kotak Mahindra Bank LAXMI SAGAR BRANCH IFSC Code: KKBK0007242
The verified IFSC Code for Kotak Mahindra Bank, LAXMI SAGAR BRANCH branch in KHORDHA, ODISHA is KKBK0007242. This 11-character alphanumeric code is assigned by the Reserve Bank of India (RBI) to uniquely identify this branch across all digital fund transfer networks in India, including NEFT, RTGS, and IMPS.
The branch is situated at UPPER GROUND FLOOR PLOT NO 345 351 352 LAXMI SAGAR THANA NO 48 WARD NO UNIT NO 31 BHUBANEHWAR 751006, KHORDHA, ODISHA. Paper cheque clearing operations for this branch are routed through MICR Code 751485005.
| Bank Name | Kotak Mahindra Bank |
|---|---|
| IFSC Code | KKBK0007242 |
| MICR Code | 751485005 |
| Branch Name | LAXMI SAGAR BRANCH |
| Address | UPPER GROUND FLOOR PLOT NO 345 351 352 LAXMI SAGAR THANA NO 48 WARD NO UNIT NO 31 BHUBANEHWAR 751006 |
| Contact Number | +9118004100 |
| City / District | KHORDHA / BHUBANESWAR |
| State | ODISHA |
IFSC Code Format Breakdown
IFSC vs MICR Code
| IFSC Code (Indian Financial System Code) | MICR Code (Magnetic Ink Character Recognition) |
|---|---|
| Used for online fund transfers (NEFT, RTGS, IMPS). | Used for clearing physical cheques in the clearing house. |
| 11-character alphanumeric code. | 9-digit numeric code. |
| Can be found on cheque books and bank passbooks. | Printed at the bottom of the cheque using magnetic ink. |
Fund Transfer Limits & Timings
| Transfer Type | Minimum Limit | Maximum Limit | Timings |
|---|---|---|---|
| NEFT | ₹1 | No limit (varies by bank/account type) | 24x7, 365 Days |
| RTGS | ₹2,00,000 | No limit (varies by bank/account type) | 24x7, 365 Days |
| IMPS | ₹1 | ₹5,00,000 | 24x7, 365 Days (Instant) |
How to Transfer Money Using IFSC Code KKBK0007242
Follow these steps to send funds via NEFT, RTGS, or IMPS from any bank account to Kotak Mahindra Bank LAXMI SAGAR BRANCH:
- Open your Banking App: Log in to your bank's Internet Banking portal or mobile banking app.
- Navigate to Fund Transfer: Go to the Transfers tab and choose Add Beneficiary / Payee.
- Enter Payee Information: Enter the account holder's full name, account number, and input IFSC Code
KKBK0007242. - Verify Branch: Confirm that the portal automatically displays Kotak Mahindra Bank - LAXMI SAGAR BRANCH (City: KHORDHA).
- Select Transfer Type: Choose IMPS for immediate 24x7 credit (up to ₹5 Lakh), NEFT for general transactions, or RTGS for large transactions over ₹2 Lakh.
- Authenticate Transfer: Enter the amount, verify all details, and approve the payment with your Transaction PIN or OTP.
Who Uses Kotak Mahindra Bank LAXMI SAGAR BRANCH IFSC Code?
Individuals transferring money via NEFT/RTGS/IMPS, businesses managing payroll, and accountants.
Why Use Our Kotak Mahindra Bank LAXMI SAGAR BRANCH IFSC Code?
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Frequently Asked Questions
What is the IFSC code for Kotak Mahindra Bank LAXMI SAGAR BRANCH?
The IFSC code for Kotak Mahindra Bank LAXMI SAGAR BRANCH is KKBK0007242. This code is essential for making online fund transfers like NEFT, RTGS, and IMPS to this branch.
What is the MICR code for Kotak Mahindra Bank LAXMI SAGAR BRANCH?
The MICR code is 751485005. It is used by the clearing house to process physical cheques faster.
Where is Kotak Mahindra Bank LAXMI SAGAR BRANCH located?
The branch is located at UPPER GROUND FLOOR PLOT NO 345 351 352 LAXMI SAGAR THANA NO 48 WARD NO UNIT NO 31 BHUBANEHWAR 751006, KHORDHA, ODISHA.
What is the contact number for Kotak Mahindra Bank LAXMI SAGAR BRANCH?
The contact number for this branch is +9118004100. If it shows 'Not Available', you can try contacting the Kotak Mahindra Bank customer care toll-free number.
Can I transfer funds to Kotak Mahindra Bank LAXMI SAGAR BRANCH using NEFT or RTGS?
Yes, you can transfer funds to this branch using NEFT, RTGS, or IMPS. Simply use the IFSC code KKBK0007242 along with the correct account number.