Immediate Payment Service (IMPS)

Immediate Payment Service (IMPS)

Transfer money instantly​
Instant way to send money using beneficiary’s account or MMID (Mobile Money Identifier)

  • Instant money transfer option with immediate credit into beneficiary’s account  

  • Transfer can be made using the beneficiary’s bank account and IFSC Code or MMID and mobile number 

  • Available 24x7 all through the year, including Sundays and bank holidays 

  • Daily transaction limits:

    • Using bank account and IFSC code – ₹5 lakhs, with per transaction limit of ₹5 lakhs

    • Using MMID & registered mobile number – ₹50,000 with per transaction limit of ₹10,000