Home You are here : path  Digital Banking path IMPS path Digital

Image IMPS

      Union Bank is the first Bank in the Industry to launch IMPS through branches for its Retail and Corporate customers by integrating IMPS platform in its CBS (Core Banking Solution). Under this facility customers can approach any of our branches and request for instant fund transfer. IMPS facility allows customers to instantly transfer funds to any other bank account up to Rs. 5 lacs per day .All that one needs to do is key in beneficiary's valid account number and IFSC code.

User Guideline for IMPS

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

  1. 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.


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 -https://www.npci.org.in/what-we-do/imps/live-members


Frequently Asked Questions