IFSC Code of Kotak Mahindra Bank Limited, Visakhapatnam - Madhurawada Branch, Andhra Pradesh

Below are the complete branch details for Kotak Mahindra Bank Limited, VISAKHAPATNAM - MADHURAWADA branch, located in VISAKHAPATNAM, ANDHRA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is KKBK0007723. 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 KKBK0007723 for Kotak Mahindra Bank Limited – VISAKHAPATNAM - MADHURAWADA — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For Kotak Mahindra Bank Limited's VISAKHAPATNAM - MADHURAWADA branch, the IFSC KKBK0007723 breaks down as follows: KKBK identifies the bank, 0 is the reserved character, and 007723 identifies this particular branch.

Bank profile

Kotak Mahindra Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Visakhapatnam - Madhurawada branch — IFSC KKBK0007723 — extends the bank's services to customers in and around Visakhapatnam, Andhra Pradesh.

Branch details at a glance

Visakhapatnam - Madhurawada branch overview

Located at KOTAK MAHINDRA BANK LTD, ODD BIT - G, DOOR NO. 3-61/10, MIDHILAPURI VUDA COLONY, MADHURAWADA, VISAKHAPATNAM - 530041, ANDHRA PRADESH, the Visakhapatnam - Madhurawada branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC KKBK0007723 is required for all interbank electronic transfers routed through this branch.

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 VISAKHAPATNAM - MADHURAWADA of Kotak Mahindra Bank Limited — its own 11-character IFSC. The code KKBK0007723 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 KKBK0007723 the same way you would treat your account number — verify it once and save it carefully for future use.

Products and account variants supported

Every account opened at the Visakhapatnam - Madhurawada branch is mapped to IFSC KKBK0007723 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 KKBK0007723.

Products and services

Customers walking into the Visakhapatnam - Madhurawada 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 KKBK0007723

How to transfer money using IFSC KKBK0007723

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 KKBK0007723 across all three.

NEFT to Kotak Mahindra Bank Limited, VISAKHAPATNAM - MADHURAWADA using IFSC KKBK0007723

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 KKBK0007723, and confirm that the system picks up Kotak Mahindra Bank Limited – VISAKHAPATNAM - MADHURAWADA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to VISAKHAPATNAM - MADHURAWADA

If you need to transfer ₹2 lakh or more in one go to an account at Kotak Mahindra Bank Limited's VISAKHAPATNAM - MADHURAWADA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC KKBK0007723 while initiating the transfer and the credit will appear within minutes.

IMPS to Kotak Mahindra Bank Limited VISAKHAPATNAM - MADHURAWADA (IFSC KKBK0007723)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC KKBK0007723 in your mobile or internet banking app, and the money is credited to the VISAKHAPATNAM - MADHURAWADA branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Visakhapatnam - Madhurawada

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC KKBK0007723:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at VISAKHAPATNAM - MADHURAWADA is still linked to IFSC KKBK0007723.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC KKBK0007723

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Kotak Mahindra Bank Limited – VISAKHAPATNAM - MADHURAWADA is still mapped to IFSC KKBK0007723. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC KKBK0007723 and the beneficiary's account number to complete the transfer.

Online banking and IFSC KKBK0007723

Kotak Mahindra Bank Limited customers can register for net banking and the bank's official mobile app once their account at the VISAKHAPATNAM - MADHURAWADA branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC KKBK0007723 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

MICR & cheque-truncation details

Cheques drawn on the Visakhapatnam - Madhurawada branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC KKBK0007723 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Kotak Mahindra Bank Limited – VISAKHAPATNAM - MADHURAWADA:

• The IFSC is exactly KKBK0007723 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Kotak Mahindra Bank Limited as the bank name and VISAKHAPATNAM - MADHURAWADA as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

Reaching the branch

The Visakhapatnam - Madhurawada branch sits at KOTAK MAHINDRA BANK LTD, ODD BIT - G, DOOR NO. 3-61/10, MIDHILAPURI VUDA COLONY, MADHURAWADA, VISAKHAPATNAM - 530041, ANDHRA PRADESH. If you are travelling from outside Visakhapatnam, 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 KKBK0007723 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC KKBK0007723 for Kotak Mahindra Bank Limited – VISAKHAPATNAM - MADHURAWADA, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Working hours

Branch counters at Visakhapatnam - Madhurawada 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 KKBK0007723 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code KKBK0007723 belongs to Kotak Mahindra Bank Limited's VISAKHAPATNAM - MADHURAWADA branch, located at KOTAK MAHINDRA BANK LTD, ODD BIT - G, DOOR NO. 3-61/10, MIDHILAPURI VUDA… in VISAKHAPATNAM, ANDHRA PRADESH. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.