IFSC Code of Kotak Mahindra Bank Limited, Chhatrapati Sambhaji Nagar Nirala Bazar Branch, Maharashtra

Below are the complete branch details for Kotak Mahindra Bank Limited, CHHATRAPATI SAMBHAJI NAGAR NIRALA BAZAR branch, located in CHHATRAPATI SAMBHAJI NAGAR NIRALA BAZAR, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is KKBK0001955. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case KKBK0001955 for Kotak Mahindra Bank Limited – CHHATRAPATI SAMBHAJI NAGAR NIRALA BAZAR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, KKBK0001955 is the IFSC of Kotak Mahindra Bank Limited's CHHATRAPATI SAMBHAJI NAGAR NIRALA BAZAR branch. The format is fixed: KKBK = bank code, 0 = reserved, 001955 = branch identifier.

Bank profile

Kotak Mahindra Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Chhatrapati Sambhaji Nagar Nirala Bazar branch — IFSC KKBK0001955 — extends the bank's services to customers in and around Chhatrapati Sambhaji Nagar Nirala Bazar, Maharashtra.

About this branch

The branch is located at GROUND FLOOR PLOT NO 8 AND 9 JANKI AVENUE LAXMI NAGAR SHIVAJI NAGAR ROAD NEAR SUTGIRINI CHOWK GARKHEDA CHHATRAPATI SAMBHAJI NAGAR 431001. It serves the Chhatrapati Sambhaji Nagar Nirala Bazar region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Kotak Mahindra Bank Limited. The IFSC KKBK0001955 is used to identify this branch on the RBI payments network.

Branch details at a glance

Why every Kotak Mahindra Bank Limited branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including CHHATRAPATI SAMBHAJI NAGAR NIRALA BAZAR of Kotak Mahindra Bank Limited — its own 11-character IFSC. The code KKBK0001955 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC KKBK0001955 the same way you would treat your account number — verify it once and save it carefully for future use.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by Kotak Mahindra Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC KKBK0001955 and the account number together uniquely identify the Chhatrapati Sambhaji Nagar Nirala Bazar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC KKBK0001955

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC KKBK0001955 across all three.

NEFT to Kotak Mahindra Bank Limited, CHHATRAPATI SAMBHAJI NAGAR NIRALA BAZAR using IFSC KKBK0001955

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC KKBK0001955, and confirm that the system picks up Kotak Mahindra Bank Limited – CHHATRAPATI SAMBHAJI NAGAR NIRALA BAZAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to CHHATRAPATI SAMBHAJI NAGAR NIRALA BAZAR

If you need to transfer ₹2 lakh or more in one go to an account at Kotak Mahindra Bank Limited's CHHATRAPATI SAMBHAJI NAGAR NIRALA BAZAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC KKBK0001955 while initiating the transfer and the credit will appear within minutes.

IMPS to Kotak Mahindra Bank Limited CHHATRAPATI SAMBHAJI NAGAR NIRALA BAZAR (IFSC KKBK0001955)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC KKBK0001955 in your mobile or internet banking app, and the money is credited to the CHHATRAPATI SAMBHAJI NAGAR NIRALA BAZAR branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC KKBK0001955 for Kotak Mahindra Bank Limited – CHHATRAPATI SAMBHAJI NAGAR NIRALA BAZAR, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the Chhatrapati Sambhaji Nagar Nirala Bazar branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Kotak Mahindra Bank Limited's CHHATRAPATI SAMBHAJI NAGAR NIRALA BAZAR branch, the IFSC KKBK0001955 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Products and account variants supported

Every account opened at the Chhatrapati Sambhaji Nagar Nirala Bazar branch is mapped to IFSC KKBK0001955 on the RBI payments network. The branch generally supports the full retail product catalogue of Kotak Mahindra Bank Limited, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains KKBK0001955.

Products and services

Customers walking into the Chhatrapati Sambhaji Nagar Nirala Bazar branch can access most of Kotak Mahindra Bank Limited's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC KKBK0001955

Digital banking channels

Most day-to-day work that customers used to do at the Chhatrapati Sambhaji Nagar Nirala Bazar branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC KKBK0001955 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

Reaching the branch

The Chhatrapati Sambhaji Nagar Nirala Bazar branch sits at GROUND FLOOR PLOT NO 8 AND 9 JANKI AVENUE LAXMI NAGAR SHIVAJI NAGAR ROAD NEAR SUTGIRINI CHOWK GARKHEDA CHHATRAPATI SAMBHAJI NAGAR 431001. If you are travelling from outside Chhatrapati Sambhaji Nagar Nirala Bazar, search for the branch on a maps application using the bank name and locality, or call 1860-2662666 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC KKBK0001955 and your account number.

Common mistakes to avoid when using IFSC KKBK0001955

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Kotak Mahindra Bank Limited – CHHATRAPATI SAMBHAJI NAGAR NIRALA BAZAR, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: KKBK0001955.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

Working hours

Branch counters at Chhatrapati Sambhaji Nagar Nirala Bazar are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to KKBK0001955 continue to work without interruption.

Verifying IFSC KKBK0001955 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm KKBK0001955 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 1860-2662666.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Final notes

To recap: KKBK0001955 is the IFSC code of Kotak Mahindra Bank Limited, CHHATRAPATI SAMBHAJI NAGAR NIRALA BAZAR branch, in CHHATRAPATI SAMBHAJI NAGAR NIRALA BAZAR, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.