IMPS

IMPS (IMMEDIATE PAYMENT SERVICE)

Features :

  1. Immediate payment (IMPS) system is a nationwide funds transfer system to facilitate transfer of funds from any bank branch to any other bank branch in real time.
  2. Up to 2 lakhs IMPS.
  3. IMPS amount will be transferred in real time.
  4. The beneficiary gets the credit on the real time.
  5. The essential information that the remitting customer has to furnish is Beneficiary details such as beneficiary name and account number. Name and IFSC of the beneficiary bank branch.