Interbank Mobile Payment Services(IMPS)

What is IMPS?
IMPS (Interbank Mobile Payment Services) is an instant inter bank electronic funds transfer service through mobile phones and it facilitates the customers to use mobile instruments as a channel for remitting/receiving funds. This service allows customers to do fund transfer between the bank accounts by using mobile as a channel instantly in real time manner.
The Interbank remittance request initiated from a mobile is as instant Real Time transactions. This facility will ensure customer satisfaction as it provides immediate credit of beneficiary account when a fund transfer request is made through their Mobile handsets on 24 x 7 basis.

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