IMPS: Immediate Payment Service (IMPS)

What is IMPS?

Immediate Payment Service (IMPS) is an instant interbank electronic fund transfer service available 24×7, throughout the year including Sundays and any bank holiday. Customers can transfer and receive funds via IMPS using their registered Mobile number and Mobile Money Identifier (MMID) or Account number and IFSC code.

Advantages of IMPS
  • The account of the receiver is credited instantly.
  • The facility is available 24×7, throughout the year including Sundays and bank holidays.

Please Note

  • As per the RBI guidelines, the transaction credit will be effected based solely on the beneficiary account number information as provided by remitter and the beneficiary name particulars will not be used thereof.
  • Please click here ‘Transaction Limit’ to view/enhance/reduce your limit
  • IMPS charges will be applicable. To know about the applicable charges,please Click Here
  • Account will be debited only when the transfer is successful
  • IMPS Transaction once initiated cannot be cancelled or stopped
  • In case IMPS transaction is not processed, a message will appear under Status Enquiry
  • Time required to credit the account depends on the Payee’s bank
  • Bank uses advanced internet security features for the safety of your online account. Please follow our safety guidelines while using Internet Banking
  • Bank does not seek personal details like Account Number, PIN or Password either over the phone or by an e-mail. Do not reveal these details to anyone pretending to call on behalf of Axis Bank or its technical team
  • Familiarize yourself with internet-banking before using it. If necessary, seek guidance from the Branch. Axis Bank will not be responsible for any incorrect transactions

You will be charged Rs.5 plus taxes for this transaction. 

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