It is very important to find correct branch before initiating any bank process. Though all banks will have a mechanism to verify the Paraul Branch, Account Type, IFSC Code, MICR Code, and Account Name, etc. and any mismatch will result in failed transaction!
The best and simplest place to verify Paraul branch is the cheque book. All banks will print the Paraul on the cheque books. Also, your account pass book should have the Paraul branch printed.
The address of Paraul branch is Kotak mahindra bank ltd, ratwara - mullanpur garibdass road, main bazar, kharar, mullanpur garibdass, paraul - 140901. Punjab, which is located in Paraul District of Punjab State. IFSC code used in online fund transfer and MICR code used in clearing of cheques for Kotak Bank Paraul is also provided.
Paraul has number of branches spread across India. Branch banking has undergone significant changes in response to the competition in financial services market and the ever increasing consumer demands. This leads to a single consumer bearing more than one account in different banks and due to internet banking, as in case of Kotak Bank Paraul branch, fund transfer between these banks is also possible.