More About Payments & Other Credit Cards
IMPS, short for Immediate Payment Service, is a payment service to transfer funds instantly from one bank account to another or to RBI-authorised PPIs. The service is available round the clock, including on bank holidays. You can avail of IMPS transfer through online banking, mobile app, ATM, or SMS.
The IMPS full form in banking parlance is Immediate Payment Service.
IMPS is available 24x7, including on bank holidays. It can be availed via online banking, mobile phone, ATM, or SMS. You can use it to transfer funds instantly in a safe and secure manner.