Kotak Mahindra Bank SWIFT Code: Full List of Kotak Bank SWIFT Codes in India

In India, all financial and non-financial institutions are allotted a code by the International Organization for Standardization (ISO) to streamline financial transactions and ease communication. Known as the SWIFT Code, it allows such institutions to engage in secure cross-border payments and communications in just a matter of a few seconds. 

What Is the SWIFT Code of Kotak Mahindra Bank? 

The SWIFT Code of Kotak Mahindra Bank is a unique identification code in the standard format of Business Identifier Codes, which is written as KKBKINBBXXX. This code helps the bank to identify itself as a financial institution that can participate in or facilitate overseas fund transfers. 

Before we dive into more details, it is important to note that the full form of SWIFT stands for Society for Worldwide Interbank Financial Telecommunication. As the name suggests, this code is used for transferring funds and exchanging messages between banks globally. 

Importance of SWIFT Code for Kotak Mahindra Bank

The following are some of the importance of Kotak Mahindra Bank SWIFT Code. 

• The SWIFT code helps to ensure that funds are directed to the appropriate account by identifying the respective Kotak branch involved.
• Due to Kotak's SWIFT Code, there are fewer chances of confusion between its branches and banks across different countries, since it streamlines payments and leaves no room for error. 

Is the SWIFT Code Same for All Branches of Kotak Mahindra Bank? 

Each branch of Kotak Mahindra Bank in India has a unique SWIFT Code. This code varies from branch to branch, depending upon its location. Therefore, before initiating the money transfer process from a particular branch, make sure to verify the SWIFT Code. 

Kotak Mahindra Bank SWIFT Code Structure & Format

The Kotak Mahindra Bank SWIFT Code is a unique code of 8-11 characters, denoting the country, city and branch. It is a combination of 4 codes adjoined to become one. Given below is the structure and format of Kotak Mahindra Bank. 

• Bank Code: It is the first 4 letters of the SWIFT Code, representing the bank as its shortened version. 
• Country Code: After the bank code, there comes a code of 2 letters which denotes the country in which the bank is in. 
• Location Code: This is a 2-character code which could be either letters or numbers, representing the location where the head office of Kotak Mahindra Bank is situated. 
• Branch Code: Lastly, the branch code comes with 3 digits which specify a particular branch of the bank. 

Example of Kotak Mahindra Bank SWIFT Code

Let us understand more about the SWIFT Code by considering an example. 

List of Kotak Mahindra Bank SWIFT Codes in India 

Here are the branches that come under the Kotak Mahindra Bank SWIFT Code list. Take a look. 

Uses of Kotak Bank SWIFT Code 

The Kotak Bank SWIFT Code is required for transferring money between banks or conducting international wire transfers. Besides fund transfers, it is also used for exchanging messages and information between banks. 

How to Find the SWIFT Code of Kotak Mahindra Bank? 

To find the SWIFT code of Kotak Mahindra Bank, you can either navigate to the bank’s official website or take a look at your latest bank statement. Alternatively, you can use a Kotak Bank SWIFT Code Finder tool to obtain your branch code. 

However, make sure to verify the generated code by consulting a bank representative. Verifying whether you have the correct code becomes imperative when it comes to money transfers. In case you have the wrong SWIFT Code, your payment will be delayed or returned.

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