IMPS

Immediate Payment Service :

Now with SSBL 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)
 By using MMID (Mobile Money Identifier) & mobile number of beneficiary as identifier (P2P – Person-to-Person)