IMPS stands for Immediate Payment Service. IMPS is a real-time interbank electronic fund transfer service in India. It allows customers to transfer funds instantly 24x7, including weekends and holidays. IMPS uses mobile numbers and MMID (Mobile Money Identifier) or account number and IFSC code for transactions. The maximum limit for IMPS transactions is Rs. 2 lakhs per day per customer account. IMPS is a safe and secure way to transfer money as it uses two-factor authentication and encryption.

St Milagres Credit Souhardha Co-Op Interview Questions: Full form of imps?

Asked inSt Milagres Credit Souhardha Co-Op,Junior Assistant

Full form of imps?

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IMPS stands for Immediate Payment Service.

IMPS is a real-time interbank electronic fund transfer service in India.
It allows customers to transfer funds instantly 24x7, including weekends and holidays....read more

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St Milagres Credit Souhardha Co-Op

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