What is IMPS?
Immediate Payment Service (IMPS) is an instant interbank electronic fund transfer service available through mobile phones/ATM/ branch/ internet banking
How to avail IMPS?
To avail the facility of IMPS, please register your mobile number with the Bank for mobile banking
Transfer of Funds using IMPS:
You can transfer fund to other bank account through IMPS using the following options
- P2A ( Person to Account number)
Using this option , you can send money to any bank account by just entering account number and IFSC code of the beneficiary
2. P2P ( Person to person)
Using this option, you can send money to any bank account using mobile number and MMID of the beneficiary.
- PARTICIPATING BANKS OF IMPS
The list of banks offering IMPS is available in the website of National Payment Corporation of India (NPCI) www.npci.org.in. under the section -http://www.npci.org.in/bankmember.aspx