Bank is offering facility to remit funds transfer immediately between Banks across India. Immediate Payment Service (IMPS) is an instant interbank electronic fund transfer service available through Branch banking. 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. 2 lacs per day. Customer has to mention beneficiary's valid account number and IFSC code for instant fund transfer. Presently Bank is offering IMPS service: P2A (Person to Account number).
Using this option, you can send money to any bank account by mentioning account number and IFSC code of the beneficiary
Immediate Payment Service (IMPS) is an instant interbank electronic fund transfer service through mobile phones/ ATM / Internet banking /Branch.
Yes, the customer needs to have a bank account with the bank.
The list of banks offering IMPS is available in the website of National Payment Corporation of India (NPCI) https://www.npci.org.in/links-imps-members
Yes. The customer has to register beneficiary Address, Mobile number with the bank.
For P2A (Person to Account number)
The beneficiary details required are Beneficiary Account Number & Name Beneficiary Bank IFSC Code
FOR P2P (Person to Person number)
Mobile Number & MMID