Immediate Payment Service (IMPS)
Immediate Payment Service (IMPS)
Immediate Payment Service helps you to send or receive money instantly using your federal bank account and your mobile number along with a 7 digit MMID (Mobile Money Identifier). It is an instant 24x7 interbank electronic fund transfer service through mobile phones. IMPS offers following features & benefits:
Instant Interbank fund transfers
24x7 availability and Time & Cost Effective
Confirmation SMS on debit and credit
Simple, User Friendly, Safe and Secure
Fund Transfer up to Rs. 5,00,000/- per day through Mobile Banking and Internet banking