Kotak Mahindra SWIFT Code: KKBKINBB

Kotak Mahindra Bank SWIFT Code: KKBKINBB

The SWIFT/BIC code for Kotak Mahindra Bank is KKBKINBB. KKBK identifies Kotak Mahindra Bank, IN stands for India, and BB is the Mumbai (Bombay) location code. This code handles international wire transfers to Kotak Mahindra accounts across India.

Kotak Mahindra Bank is India's fourth-largest private sector bank by market capitalization. Founded in 1985 by Uday Kotak as a finance company, it received a banking license in 2003 and grew rapidly, acquiring ING Vysya Bank in 2015 to expand its branch network to over 1,800 locations.

Kotak's Premium and Private Banking Wires

Kotak Mahindra has a strong wealth management and private banking division that handles a significant share of high-value international transfers. Its Privy League and Insignia accounts cater to high-net-worth individuals with dedicated FX desks and preferential wire transfer rates.

For incoming wires above $25,000, Kotak offers negotiable exchange rates through its treasury desk. Standard retail wires receive the card rate, which includes a margin of 0.5% to 1.5% over the interbank rate.

IFSC Codes and Indian Wire Routing

Unlike many countries where the SWIFT code alone routes a payment, Indian banks require the IFSC (Indian Financial System Code) for branch-level routing. Kotak's IFSC codes follow the format KKBK0XXXXXX. The SWIFT code KKBKINBB routes to the Mumbai head office, which then forwards to the correct branch using the IFSC.

To wire money to Kotak Mahindra, you need the recipient's account number, IFSC code, SWIFT code KKBKINBB, full name, and the purpose code as mandated by RBI. Kotak's head office is at 27 BKC, Plot C-27, G Block, Bandra Kurla Complex, Mumbai 400 051.

How Slash fits in

Slash tracks international transfers across Indian banks, capturing SWIFT routing details, purpose codes, and conversion rates. Wires to Kotak Mahindra are logged in real time and reconciled against your accounting records automatically.