IMPS (Immediate Payment Service) facilitates instant Inter Bank fund transfer on 24X7 basis. Funds can be transferred using MMID & Mobile Number or Account Number & IFSC. Service available 24x7, throughout the year including Sundays and Bank holidays.
The customer has to do the Mobile Banking Registration if he/she wants to initiate the transaction through mobile channel.
Collect his/her MMID from bank and share with sender or alternatively share his/her Account number & IFS code for receiving money. The receiver can register his/her mobile no. for getting SMS alerts for transactions.