IMPS
Immediate Payment Service :
Now with ICBL IMPS SERVICE, you can tackle any emergency payments wherever you are. Immediate Payment Service (IMPS) is an instant interbank electronic fund transfer service. It can be used through various channels such as branch, mobile etc. Presently we are introducing the facility through branch and Mobile channels. In other words a customer can transfer funds using IMPS by visiting a branch or through Mobile Banking.
IMPS is functional through the National Payment Corporation of India (NPCI).
Advantages
- IMPS customers having a mobile number can easily remit funds round-the-clock
- The account of the receiver is credited instantly
- The facility is available 24X7, throughout the year including Sundays & Bank holidays. There is no timing or holiday restriction on IMPS remittances
- Maximum limit 2,000,00/-.
Methods
- Customer can remit / receive funds through IMPS in 2 ways: ( Mode: Branch & Mobile Banking)
- By using Account Number & IFSC Code of beneficiary as identifier (P2A – Person-to-Account)