{"id":3123,"date":"2020-12-05T04:40:38","date_gmt":"2020-12-05T04:40:38","guid":{"rendered":"https:\/\/www.oflox.com\/blog\/?p=3123"},"modified":"2020-12-05T04:43:23","modified_gmt":"2020-12-05T04:43:23","slug":"what-is-imps","status":"publish","type":"post","link":"https:\/\/www.oflox.com\/blog\/what-is-imps\/","title":{"rendered":"What is IMPS And how does it work? (Case Study)"},"content":{"rendered":"\n<p>Do you know <strong>What Is IMPS<\/strong>? There will be many of you who have used IMPS to transfer money, but do you have full knowledge about it. If not, don&#8217;t worry because today we are going to know about this subject. As we know that nowadays everything is available in online. Similarly, banking facility is also available in online nowadays.<\/p>\n\n\n\n<p>As you all know, today you can do all your banking work sitting at home. Such as fund transfer, demand draft, passbook printing etc. There are many such services that we use for our convenience such as RTGS, NEFT and IMPS. As we have already known what NEFT and RTGS are. So that&#8217;s why today we will learn about what is IMPS.<\/p>\n\n\n\n<p>IMPS was first introduced in 2010, now it has been around 8 years. It has been introduced after NEFT and RTGS, so it is more popular among people. By using this, one can transfer money from one account to another account in one stroke.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"2240\" height=\"1260\" src=\"https:\/\/www.oflox.com\/blog\/wp-content\/uploads\/2020\/12\/What-is-IMPS.png\" alt=\"What is IMPS\" class=\"wp-image-3124\" srcset=\"https:\/\/www.oflox.com\/blog\/wp-content\/uploads\/2020\/12\/What-is-IMPS.png 2240w, https:\/\/www.oflox.com\/blog\/wp-content\/uploads\/2020\/12\/What-is-IMPS-768x432.png 768w, https:\/\/www.oflox.com\/blog\/wp-content\/uploads\/2020\/12\/What-is-IMPS-1536x864.png 1536w, https:\/\/www.oflox.com\/blog\/wp-content\/uploads\/2020\/12\/What-is-IMPS-2048x1152.png 2048w\" sizes=\"auto, (max-width: 2240px) 100vw, 2240px\" \/><\/figure>\n\n\n\n<p>So today I thought that why should you give full information about what IMPS is, so that you do not need to see or read about it in another place. Then without delay let&#8217;s start and know what is IMPS, and how it works.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e3750d936c0\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e3750d936c0\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.oflox.com\/blog\/what-is-imps\/#What_is_IMPS_And_how_does_it_work_Case_Study\" >What is IMPS And how does it work? (Case Study)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.oflox.com\/blog\/what-is-imps\/#How_to_transfer_money_through_IMPS\" >How to transfer money through IMPS?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.oflox.com\/blog\/what-is-imps\/#How_to_IMPS_through_Bank_Account_and_IFSC_Code\" >How to IMPS through Bank Account and IFSC Code!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.oflox.com\/blog\/what-is-imps\/#How_to_IMPS_through_ATMs\" >How to IMPS through ATMs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.oflox.com\/blog\/what-is-imps\/#How_to_do_IMPS_via_SMS\" >How to do IMPS via SMS?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.oflox.com\/blog\/what-is-imps\/#Features_of_IMPS_on_your_phone\" >Features of IMPS on your phone:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.oflox.com\/blog\/what-is-imps\/#What_are_the_benefits_of_IMPS\" >What are the benefits of IMPS.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.oflox.com\/blog\/what-is-imps\/#List_of_Banks_that_provide_IMPS\" >List of Banks that provide IMPS!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.oflox.com\/blog\/what-is-imps\/#FAQ_on_IMPS\" >FAQ on IMPS:)<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_IMPS_And_how_does_it_work_Case_Study\"><\/span>What is IMPS And how does it work? (Case Study)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>IMPS Full Form &#8220;<strong><a href=\"https:\/\/en.wikipedia.org\/wiki\/Immediate_Payment_Service\" target=\"_blank\" rel=\"noreferrer noopener\">Immediate Payment Service<\/a><\/strong>&#8221; and we call it instant payment service. IMPS is a banking payment system service under which you can send money from one account to another in real time.<\/p>\n\n\n\n<p>Where it takes some time to send money to NEFT and RTGS, on sending money through IMPS, it is completed immediately, so that we do not have to wait any longer.<\/p>\n\n\n\n<p><strong>Read Also:)<\/strong> <a href=\"https:\/\/www.oflox.com\/blog\/what-is-whatsapp-pay\/\" target=\"_blank\" rel=\"noreferrer noopener\">What Is WhatsApp Pay &amp; How To Pay With WhatsApp UPI.<\/a><\/p>\n\n\n\n<p>The <strong>National Payments Corporation of India <\/strong>first started Immediate Payment Service (IMPS). Through this service, you can transfer electronic funds to any bank through mobile phone, internet, ATM, anytime round the clock.<\/p>\n\n\n\n<p>This service was first launched in August 2010 as a pilot project and later on 22 November 2010 it was launched as a full service.<\/p>\n\n\n\n<p>Although initially it was launched by only a few key banks such as State Bank of India, ICICI Bank, Bank of India, but later other private banks like Axis Bank and HDFC Bank also started this service. Now the complete list of all banks providing this service is available on the NPCI website.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_transfer_money_through_IMPS\"><\/span>How to transfer money through IMPS?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>By the way, there are many ways through which you can transfer money in IMPS, today we will get complete information about them, which you can use in future.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_IMPS_through_Bank_Account_and_IFSC_Code\"><\/span>How to IMPS through Bank Account and IFSC Code!<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Using IMPS through bank account and IFSC details, it is a very common method to transfer funds. Through this method, you can easily transfer money to anyone who has an account in any bank.<\/p>\n\n\n\n<p>For this, you just need a good internet connection, whatever the net banking or mobile-banking data, it does not matter. Here I have tried to explain the process to you below:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>First login to your net banking account.<\/li><li>After that, after filling all the details of the one you want to add according to the beneficiary, add them according to the new beneficiary. I have already given you the information of how to add benefit. Here you just need to check the correct details. You can get OTP on your mobile number during the benefiticiary addition process.<\/li><li>Once you have added the beneficiary, then you can select the details and mention the amount you want to send. Apart from this, you can also write some important comments.<\/li><li>After this, you need to verify the details. After that, once again, verify all the details carefully once last time for your satisfaction.<\/li><li>Finally confirm it.<\/li><li>By doing this, the money will be debited from your account immediately and will be credited to the receiver\u2019s account in a few moments.<\/li><li>After this you will receive an SMS where the details of your transaction will be there. Keep it safe because if there is any problem regarding payment then you can show this reference number to the bankers.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_IMPS_through_ATMs\"><\/span>How to IMPS through ATMs?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>For this, you need a debit card number of the beneficiary\u2019s, using ATMs to transfer funds. But here in this method, there is a limit on how much money you can transfer per day and per month.<\/p>\n\n\n\n<p>For this, you have to do a little check with your bank. These are some of the steps that you must follow:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The first thing is to swipe your Debit Card and enter your ATM PIN.<\/li><li>After that the funds transfer option will have to be selected and then go to the option of IMPS.<\/li><li>Here your registered mobile number will be displayed on the screen.<\/li><li>Then your beneficiary\u2019s mobile and MMID number has to be done.<\/li><li>After that fill the amount you want to transfer, then confirm these details and then send it.<\/li><li>In a few seconds, money from your accounts is debit and credited to the receiver&#8217;s account.<\/li><li>Once the money is transferred then you will receive an SMS where all your transaction details will be written.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_do_IMPS_via_SMS\"><\/span>How to do IMPS via SMS?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Don&#8217;t have an internet connection? Still you want to transfer money. Do not panic at all because you can still use IMPS service via SMS. Here also you can add beneficiary through SMS format. You can get this SMS format from your bank&#8217;s website.<\/p>\n\n\n\n<p>Keep in mind that these formats are different in different banks. Here I have told you a fomat as an example.<\/p>\n\n\n\n<p><strong>IMPS<\/strong> <strong>&lt;<\/strong>Beneficiary Mobile No&gt; &lt;Beneficiary MMID&gt; &lt;Amount&gt; &lt;mPIN&gt;<\/p>\n\n\n\n<p>Once it is finished then you can send money easily.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Features_of_IMPS_on_your_phone\"><\/span>Features of IMPS on your phone:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Money transfer through IMPS is very safe and secure like NEFT and RTGS.<\/li><li>You can easily use this facility on your smart device or phone if you have an internet connection.<\/li><li>This is the fastest way to transfer money between different bank accounts.<\/li><li>You can send money to anyone if you have their mobile number.<\/li><li>Here the amount is soon credited to the recipient without any delays.<\/li><li>Here people do not need to share their bank details to transfer funds.<\/li><li>These services are available 24 hours a year.<\/li><li>There is no need to pay any charges for the use of service to any parties here.<\/li><li>With this, notifications are sent to both parties when the transaction is completed, where the sender gets the message of debit of the money, while the receiver receives the message of the credit of the money.<\/li><li>Currently IMPS transfer limit is only Rs. 50,000 only.<\/li><li>For this you have to have your bank\u2019s ATM cum Debit Card.<\/li><li>You have to register your mobile with the bank so that we get all the SMS alerts.<\/li><li>If you have a basic handset, you can still use this service with the help of SMS and texting.<\/li><li>In some banks, with the help of their own applications, you can avail the facility of IMPS and that too very fast.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_benefits_of_IMPS\"><\/span>What are the benefits of IMPS.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The IMPS fund transfer service has changed the definition of online transaction itself. It is providing many benefits to its users today if their users have activated online \/ mobile banking services then. Here I am going to tell you about the benefits of IMPS.<\/p>\n\n\n\n<p><strong>Read Also:)<\/strong> <a href=\"https:\/\/www.oflox.com\/blog\/how-to-earn-money-from-moj-app\/\" target=\"_blank\" rel=\"noreferrer noopener\">How To Earn Money From Moj App (Step By Step)<\/a> <\/p>\n\n\n\n<p><strong>Instant Fund Transfer<\/strong>: With the help of this, you can transfer funds in real time. For this, you need the account number and mobile number of the bus receiver. All these transactions take place in an instant.<\/p>\n\n\n\n<p><strong>Easy Process<\/strong>: These entire processes are completed very soon and with this they are also user-friendly. For this, you just have to add beneficiary details like we do in NEFT \/ RTGS and wait to become active.<\/p>\n\n\n\n<p>Some banks charge maximum 30 mins to transfer funds to the new beneficiary. Therefore, you have to keep details like their name, account number, IFSC or MMID (Mobile Money Identifier) \u200b\u200bcode, bank account type, handy before you.<\/p>\n\n\n\n<p><strong>Round The Clock<\/strong>: Time never creates any obstacle between IMPS because you can do IMPS transfer at any time whether it is Sunday or any Public Holiday.<\/p>\n\n\n\n<p><strong>Money Transfer Channels<\/strong>: You can use many methods to send money in IMPS like net banking, mobile banking, ATMs or SMSs etc.<\/p>\n\n\n\n<p>Where there is no internet facility also, you can send money in IMPS through SMS.<br>Open To All: This service can also be used by <strong>resident<\/strong> or <strong>non-resident Indians (NRIs) <\/strong>to transfer money.<\/p>\n\n\n\n<p><strong>Security First<\/strong>: Money transfer is very safe in IMPS, in which banks validate your transaction only after checking many times. But keep in mind that if you have filled any wrong beneficiary details then this fault will be yours only.<\/p>\n\n\n\n<p>However, if you have mistakenly sent money to a wrong beneficiary account, then you can contact your bank branch for refund.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"List_of_Banks_that_provide_IMPS\"><\/span>List of Banks that provide IMPS!<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Here I have written the names of some banks that are currently offering IMPS services to their customers in India:<\/p>\n\n\n\n<p>1. Andhra Bank<br>2. Allahabad Bank<br>3. Adarsh Co-Operative Bank Ltd.<br>4. Axis Bank<br>5. Bandhan Bank Ltd.<br>6. Bank of India<br>7. Bank of Baroda<br>8. Bassein Catholic Co-op Bank<br>9. Bank of Maharashtra<br>10. Canara Bank<br>11. BNP Paribas<br>12. Central Bank of India<br>13. Catholic Syrian Bank<br>14. City Union Bank<br>15. Citibank<br>16. Cosmos Co-operative Bank<br>17. Corporation Bank<br>18. Development Bank of Singapore<br>19. Dena Bank<br>20. Dhanalakshmi Bank<br>21. Development Credit Bank<br>22. Federal Bank<br>23. Dombivli Nagarik Sahakari Bank<br>24. HSBC<br>25. HDFC Bank<br>26. IDBI Bank<br>27. ICICI Bank<br>28. Indian Overseas Bank<br>29. Indian Bank<br>30. ING Vysya Bank<br>31. IndusInd Bank<br>32. Janata Sahakari Bank, Pune<br>33. Jammu &amp; Kashmir Bank<br>34. Karur Vysya Bank<br>35. Karnataka Bank<br>36. Kerala Gramin Bank<br>37. Lakshmi Vilas Bank<br>38. Kotak Mahindra Bank<br>39. Nainital Bank<br>40. Mehsana Urban Co-operative Bank<br>41. NKGSB Co-operative Bank<br>42. Pragathi Krishna Gramin Bank<br>43. Oriental Bank of Commerce<br>44. Punjab and Sind Bank<br>45. Punjab and Maharashtra Co-op Bank<br>46. Rajkot Nagrik Sahkari Bank Ltd<br>47. Punjab National Bank<br>48. Saraswat Bank<br>49. RBL Bank<br>50. Standard Chartered Bank<br>51. South Indian Bank<br>52. State Bank of Hyderabad<br>53. State Bank of Bikaner and Jaipur<br>54. State Bank of Mysore<br>55. State Bank of India<br>56. State Bank of Travancore<br>57. State Bank of Patiala<br>58. Syndicate Bank<br>59. Thane Janata Sahakari Bank<br>60. Tamilnad Mercantile Bank<br>61. The A.P Mahesh Urban Co-op Bank<br>62. UCO Bank<br>63. The Greater Bombay Co-op Bank<br>64. Union Bank of India<br>65. Vijaya Bank<br>66. United Bank of India<br>67. Yes Bank<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQ_on_IMPS\"><\/span>FAQ on IMPS:)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1607142732333\"><strong class=\"schema-faq-question\">What Is IMPS?<\/strong> <p class=\"schema-faq-answer\">IMPS, also known as Immediate Payment Service, is an electronic fund transfer process whose money is instantly sent to the payee \/ beneficiary account and that too in real time. National Payments Corporation of India (NPCI) in India provides this facility.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1607142758165\"><strong class=\"schema-faq-question\">Are there any charges for receiving money during IMPS?<\/strong> <p class=\"schema-faq-answer\">No<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1607142805189\"><strong class=\"schema-faq-question\">Do different banks impose different IMPS charges?<\/strong> <p class=\"schema-faq-answer\">Yes<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1607142816168\"><strong class=\"schema-faq-question\">What to do if money is debit from your account and then receiver does not get that money?<\/strong> <p class=\"schema-faq-answer\">If this happens to you in a way that does not happen often, then you should do it for 24 hours. If your money has not come even then, then you should contact your banks.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1607142842238\"><strong class=\"schema-faq-question\">Does IMPS have any specific timings?<\/strong> <p class=\"schema-faq-answer\">No. You can avail IMPS services anytime of the day on 24\/7 basis.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1607142868161\"><strong class=\"schema-faq-question\">Can IMPS services be availed in bank holidays?<\/strong> <p class=\"schema-faq-answer\">The benefit of IMPS services plan can be availed 365 days, which includes bank holidays and weekends.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1607142892823\"><strong class=\"schema-faq-question\">What are the benefits of IMPS?<\/strong> <p class=\"schema-faq-answer\">1. Realtime, instant<br\/>2. It is available all the time<br\/>3. It is very safe and secure<br\/>4. Is economical<br\/>5. This can be done through many channels: such as Mobile Banking, internet banking, ATMs etc.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1607142977019\"><strong class=\"schema-faq-question\">How to register for IMPS services?<\/strong> <p class=\"schema-faq-answer\">If you also have to use IMPS services, then for this you will have to signup for your bank\u2019s internet \/ mobile banking service.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1607143002846\"><strong class=\"schema-faq-question\">Is there a transaction limit of IMPS?<\/strong> <p class=\"schema-faq-answer\">Yes. There are different minimum and maximum limits according to the banks.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1607143025082\"><strong class=\"schema-faq-question\">Can money be sent to other countries with the help of IMPS?<\/strong> <p class=\"schema-faq-answer\">No. IMPS can only be used for domestic fund transfer transactions.<\/p> <\/div> <\/div>\n\n\n\n<p><em>I sincerely hope that I told you what IMPS is? Complete information about And I hope you guys have understood about IMPS. I request all of you readers that you too should share this information in your neighborhood, relatives and friends, so that our awareness will be there and it will benefit everyone.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Do you know What Is IMPS? There will be many of you who have used IMPS to transfer money, but &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"What is IMPS And how does it work? (Case Study)\" class=\"read-more button\" href=\"https:\/\/www.oflox.com\/blog\/what-is-imps\/#more-3123\" aria-label=\"More on What is IMPS And how does it work? (Case Study)\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":3124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[4311,4323,4326,4322,4320,4321,4325,4324,4327,4329,4331,4332,4328,4334,4335,4330,4333,4313,4340,4341,4336,4339,4342,4338,4337,4343,4345,4347,4346,4344,4350,4349,4348,4352,4355,4358,4353,4354,4351,4356,4357,4363,4361,4312,4317,4360,4316,4359,4362,4369,4366,4367,4368,4370,4365,4314,4319,4315,4318],"class_list":["post-3123","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-services","tag-imps","tag-imps-account","tag-imps-account-means","tag-imps-amount-limit","tag-imps-and-neft","tag-imps-and-neft-charges","tag-imps-and-neft-meaning","tag-imps-app","tag-imps-axis-bank","tag-imps-bank","tag-imps-bank-full-form","tag-imps-bank-of-baroda","tag-imps-bank-transfer","tag-imps-bank-transfer-means","tag-imps-banking-meaning","tag-imps-beneficiary","tag-imps-beneficiary-activation-time","tag-imps-charges","tag-imps-charges-axis-bank","tag-imps-charges-canara-bank","tag-imps-charges-hdfc","tag-imps-charges-icici","tag-imps-charges-kotak","tag-imps-charges-pnb","tag-imps-charges-sbi","tag-imps-daily-limit","tag-imps-daily-limit-hdfc","tag-imps-daily-limit-sbi","tag-imps-definition","tag-imps-details","tag-imps-details-check","tag-imps-details-in-hindi","tag-imps-disadvantages","tag-imps-enquiry","tag-imps-entry-in-tally","tag-imps-error","tag-imps-error-codes","tag-imps-exam","tag-imps-examples","tag-imps-expansion","tag-imps-explain","tag-imps-failed-transaction-refund-time","tag-imps-full","tag-imps-full-form","tag-imps-full-form-in-banking","tag-imps-full-form-in-computer","tag-imps-full-form-in-hindi","tag-imps-fund-transfer","tag-imps-fund-transfer-limit","tag-imps-gateway","tag-imps-google-pay","tag-imps-gst-charges-hdfc","tag-imps-gst-charges-icici","tag-imps-guidelines","tag-imps-guru","tag-imps-limit","tag-imps-limit-per-day","tag-imps-transfer","tag-imps-vs-neft","resize-featured-image"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What is IMPS And how does it work? (Case Study)<\/title>\n<meta name=\"description\" content=\"Do you know What Is IMPS? There will be many of you who have used IMPS to transfer money, but do you have full knowledge about it.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.oflox.com\/blog\/what-is-imps\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is IMPS And how does it work? (Case Study)\" \/>\n<meta property=\"og:description\" content=\"Do you know What Is IMPS? There will be many of you who have used IMPS to transfer money, but do you have full knowledge about it.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.oflox.com\/blog\/what-is-imps\/\" \/>\n<meta property=\"og:site_name\" content=\"Oflox\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ofloxindia\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/ofloxindia\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-05T04:40:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-05T04:43:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.oflox.com\/blog\/wp-content\/uploads\/2020\/12\/What-is-IMPS.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2240\" \/>\n\t<meta property=\"og:image:height\" content=\"1260\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Editorial Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@oflox3\" \/>\n<meta name=\"twitter:site\" content=\"@oflox3\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editorial Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"10 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/\"},\"author\":{\"name\":\"Editorial Team\",\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/#\\\/schema\\\/person\\\/967235da2149ca663a607d1c0acd4f81\"},\"headline\":\"What is IMPS And how does it work? (Case Study)\",\"datePublished\":\"2020-12-05T04:40:38+00:00\",\"dateModified\":\"2020-12-05T04:43:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/\"},\"wordCount\":2074,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/What-is-IMPS.png\",\"keywords\":[\"imps\",\"imps account\",\"imps account means\",\"imps amount limit\",\"imps and neft\",\"imps and neft charges\",\"imps and neft meaning\",\"imps app\",\"imps axis bank\",\"imps bank\",\"imps bank full form\",\"imps bank of baroda\",\"imps bank transfer\",\"imps bank transfer means\",\"imps banking meaning\",\"imps beneficiary\",\"imps beneficiary activation time\",\"imps charges\",\"imps charges axis bank\",\"imps charges canara bank\",\"imps charges hdfc\",\"imps charges icici\",\"imps charges kotak\",\"imps charges pnb\",\"imps charges sbi\",\"imps daily limit\",\"imps daily limit hdfc\",\"imps daily limit sbi\",\"imps definition\",\"imps details\",\"imps details check\",\"imps details in hindi\",\"imps disadvantages\",\"imps enquiry\",\"imps entry in tally\",\"imps error\",\"imps error codes\",\"imps exam\",\"imps examples\",\"imps expansion\",\"imps explain\",\"imps failed transaction refund time\",\"imps full\",\"imps full form\",\"imps full form in banking\",\"imps full form in computer\",\"imps full form in hindi\",\"imps fund transfer\",\"imps fund transfer limit\",\"imps gateway\",\"imps google pay\",\"imps gst charges hdfc\",\"imps gst charges icici\",\"imps guidelines\",\"imps guru\",\"imps limit\",\"imps limit per day\",\"imps transfer\",\"imps vs neft\"],\"articleSection\":[\"Services\"],\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#respond\"]}]},{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/\",\"url\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/\",\"name\":\"What is IMPS And how does it work? (Case Study)\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/What-is-IMPS.png\",\"datePublished\":\"2020-12-05T04:40:38+00:00\",\"dateModified\":\"2020-12-05T04:43:23+00:00\",\"description\":\"Do you know What Is IMPS? There will be many of you who have used IMPS to transfer money, but do you have full knowledge about it.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142732333\"},{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142758165\"},{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142805189\"},{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142816168\"},{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142842238\"},{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142868161\"},{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142892823\"},{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142977019\"},{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607143002846\"},{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607143025082\"}],\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/What-is-IMPS.png\",\"contentUrl\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/What-is-IMPS.png\",\"width\":2240,\"height\":1260,\"caption\":\"What is IMPS\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What is IMPS And how does it work? (Case Study)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/\",\"name\":\"Oflox\",\"description\":\"India&rsquo;s #1 Trusted Digital Marketing Company\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/#organization\",\"name\":\"Oflox\",\"url\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/05\\\/Ab2vH5fv3tj5gKpW_G3bKT_Ozlxpt4IkokKOWQoC7X_fvRHLGT_gR-qhQzXVxHhnl9u3yGY1rfxR7jvSz6DA6gw355-h355.jpg\",\"contentUrl\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/05\\\/Ab2vH5fv3tj5gKpW_G3bKT_Ozlxpt4IkokKOWQoC7X_fvRHLGT_gR-qhQzXVxHhnl9u3yGY1rfxR7jvSz6DA6gw355-h355.jpg\",\"width\":355,\"height\":355,\"caption\":\"Oflox\"},\"image\":{\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/ofloxindia\",\"https:\\\/\\\/x.com\\\/oflox3\",\"https:\\\/\\\/www.instagram.com\\\/ofloxindia\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/#\\\/schema\\\/person\\\/967235da2149ca663a607d1c0acd4f81\",\"name\":\"Editorial Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ff86524713a69d2c211ad6cbec38fb15eb59030ba5e59ddad406dfb7eb4e5b0c?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ff86524713a69d2c211ad6cbec38fb15eb59030ba5e59ddad406dfb7eb4e5b0c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ff86524713a69d2c211ad6cbec38fb15eb59030ba5e59ddad406dfb7eb4e5b0c?s=96&d=mm&r=g\",\"caption\":\"Editorial Team\"},\"sameAs\":[\"https:\\\/\\\/www.oflox.com\\\/\",\"https:\\\/\\\/www.facebook.com\\\/ofloxindia\\\/\",\"https:\\\/\\\/www.instagram.com\\\/ofloxindia\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/ofloxindia\\\/\",\"https:\\\/\\\/x.com\\\/oflox3\"]},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142732333\",\"position\":1,\"url\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142732333\",\"name\":\"What Is IMPS?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"IMPS, also known as Immediate Payment Service, is an electronic fund transfer process whose money is instantly sent to the payee \\\/ beneficiary account and that too in real time. National Payments Corporation of India (NPCI) in India provides this facility.\",\"inLanguage\":\"en\"},\"inLanguage\":\"en\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142758165\",\"position\":2,\"url\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142758165\",\"name\":\"Are there any charges for receiving money during IMPS?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No\",\"inLanguage\":\"en\"},\"inLanguage\":\"en\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142805189\",\"position\":3,\"url\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142805189\",\"name\":\"Do different banks impose different IMPS charges?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes\",\"inLanguage\":\"en\"},\"inLanguage\":\"en\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142816168\",\"position\":4,\"url\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142816168\",\"name\":\"What to do if money is debit from your account and then receiver does not get that money?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"If this happens to you in a way that does not happen often, then you should do it for 24 hours. If your money has not come even then, then you should contact your banks.\",\"inLanguage\":\"en\"},\"inLanguage\":\"en\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142842238\",\"position\":5,\"url\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142842238\",\"name\":\"Does IMPS have any specific timings?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. You can avail IMPS services anytime of the day on 24\\\/7 basis.\",\"inLanguage\":\"en\"},\"inLanguage\":\"en\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142868161\",\"position\":6,\"url\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142868161\",\"name\":\"Can IMPS services be availed in bank holidays?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The benefit of IMPS services plan can be availed 365 days, which includes bank holidays and weekends.\",\"inLanguage\":\"en\"},\"inLanguage\":\"en\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142892823\",\"position\":7,\"url\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142892823\",\"name\":\"What are the benefits of IMPS?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"1. Realtime, instant<br\\\/>2. It is available all the time<br\\\/>3. It is very safe and secure<br\\\/>4. Is economical<br\\\/>5. This can be done through many channels: such as Mobile Banking, internet banking, ATMs etc.\",\"inLanguage\":\"en\"},\"inLanguage\":\"en\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142977019\",\"position\":8,\"url\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607142977019\",\"name\":\"How to register for IMPS services?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"If you also have to use IMPS services, then for this you will have to signup for your bank\u2019s internet \\\/ mobile banking service.\",\"inLanguage\":\"en\"},\"inLanguage\":\"en\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607143002846\",\"position\":9,\"url\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607143002846\",\"name\":\"Is there a transaction limit of IMPS?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. There are different minimum and maximum limits according to the banks.\",\"inLanguage\":\"en\"},\"inLanguage\":\"en\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607143025082\",\"position\":10,\"url\":\"https:\\\/\\\/www.oflox.com\\\/blog\\\/what-is-imps\\\/#faq-question-1607143025082\",\"name\":\"Can money be sent to other countries with the help of IMPS?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. IMPS can only be used for domestic fund transfer transactions.\",\"inLanguage\":\"en\"},\"inLanguage\":\"en\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What is IMPS And how does it work? (Case Study)","description":"Do you know What Is IMPS? There will be many of you who have used IMPS to transfer money, but do you have full knowledge about it.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.oflox.com\/blog\/what-is-imps\/","og_locale":"en_US","og_type":"article","og_title":"What is IMPS And how does it work? (Case Study)","og_description":"Do you know What Is IMPS? There will be many of you who have used IMPS to transfer money, but do you have full knowledge about it.","og_url":"https:\/\/www.oflox.com\/blog\/what-is-imps\/","og_site_name":"Oflox","article_publisher":"https:\/\/www.facebook.com\/ofloxindia","article_author":"https:\/\/www.facebook.com\/ofloxindia\/","article_published_time":"2020-12-05T04:40:38+00:00","article_modified_time":"2020-12-05T04:43:23+00:00","og_image":[{"width":2240,"height":1260,"url":"https:\/\/www.oflox.com\/blog\/wp-content\/uploads\/2020\/12\/What-is-IMPS.png","type":"image\/png"}],"author":"Editorial Team","twitter_card":"summary_large_image","twitter_creator":"@oflox3","twitter_site":"@oflox3","twitter_misc":{"Written by":"Editorial Team","Est. reading time":"10 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#article","isPartOf":{"@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/"},"author":{"name":"Editorial Team","@id":"https:\/\/www.oflox.com\/blog\/#\/schema\/person\/967235da2149ca663a607d1c0acd4f81"},"headline":"What is IMPS And how does it work? (Case Study)","datePublished":"2020-12-05T04:40:38+00:00","dateModified":"2020-12-05T04:43:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/"},"wordCount":2074,"commentCount":0,"publisher":{"@id":"https:\/\/www.oflox.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#primaryimage"},"thumbnailUrl":"https:\/\/www.oflox.com\/blog\/wp-content\/uploads\/2020\/12\/What-is-IMPS.png","keywords":["imps","imps account","imps account means","imps amount limit","imps and neft","imps and neft charges","imps and neft meaning","imps app","imps axis bank","imps bank","imps bank full form","imps bank of baroda","imps bank transfer","imps bank transfer means","imps banking meaning","imps beneficiary","imps beneficiary activation time","imps charges","imps charges axis bank","imps charges canara bank","imps charges hdfc","imps charges icici","imps charges kotak","imps charges pnb","imps charges sbi","imps daily limit","imps daily limit hdfc","imps daily limit sbi","imps definition","imps details","imps details check","imps details in hindi","imps disadvantages","imps enquiry","imps entry in tally","imps error","imps error codes","imps exam","imps examples","imps expansion","imps explain","imps failed transaction refund time","imps full","imps full form","imps full form in banking","imps full form in computer","imps full form in hindi","imps fund transfer","imps fund transfer limit","imps gateway","imps google pay","imps gst charges hdfc","imps gst charges icici","imps guidelines","imps guru","imps limit","imps limit per day","imps transfer","imps vs neft"],"articleSection":["Services"],"inLanguage":"en","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.oflox.com\/blog\/what-is-imps\/#respond"]}]},{"@type":["WebPage","FAQPage"],"@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/","url":"https:\/\/www.oflox.com\/blog\/what-is-imps\/","name":"What is IMPS And how does it work? (Case Study)","isPartOf":{"@id":"https:\/\/www.oflox.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#primaryimage"},"image":{"@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#primaryimage"},"thumbnailUrl":"https:\/\/www.oflox.com\/blog\/wp-content\/uploads\/2020\/12\/What-is-IMPS.png","datePublished":"2020-12-05T04:40:38+00:00","dateModified":"2020-12-05T04:43:23+00:00","description":"Do you know What Is IMPS? There will be many of you who have used IMPS to transfer money, but do you have full knowledge about it.","breadcrumb":{"@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142732333"},{"@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142758165"},{"@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142805189"},{"@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142816168"},{"@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142842238"},{"@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142868161"},{"@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142892823"},{"@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142977019"},{"@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607143002846"},{"@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607143025082"}],"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.oflox.com\/blog\/what-is-imps\/"]}]},{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#primaryimage","url":"https:\/\/www.oflox.com\/blog\/wp-content\/uploads\/2020\/12\/What-is-IMPS.png","contentUrl":"https:\/\/www.oflox.com\/blog\/wp-content\/uploads\/2020\/12\/What-is-IMPS.png","width":2240,"height":1260,"caption":"What is IMPS"},{"@type":"BreadcrumbList","@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.oflox.com\/blog\/"},{"@type":"ListItem","position":2,"name":"What is IMPS And how does it work? (Case Study)"}]},{"@type":"WebSite","@id":"https:\/\/www.oflox.com\/blog\/#website","url":"https:\/\/www.oflox.com\/blog\/","name":"Oflox","description":"India&rsquo;s #1 Trusted Digital Marketing Company","publisher":{"@id":"https:\/\/www.oflox.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.oflox.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en"},{"@type":"Organization","@id":"https:\/\/www.oflox.com\/blog\/#organization","name":"Oflox","url":"https:\/\/www.oflox.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/www.oflox.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.oflox.com\/blog\/wp-content\/uploads\/2020\/05\/Ab2vH5fv3tj5gKpW_G3bKT_Ozlxpt4IkokKOWQoC7X_fvRHLGT_gR-qhQzXVxHhnl9u3yGY1rfxR7jvSz6DA6gw355-h355.jpg","contentUrl":"https:\/\/www.oflox.com\/blog\/wp-content\/uploads\/2020\/05\/Ab2vH5fv3tj5gKpW_G3bKT_Ozlxpt4IkokKOWQoC7X_fvRHLGT_gR-qhQzXVxHhnl9u3yGY1rfxR7jvSz6DA6gw355-h355.jpg","width":355,"height":355,"caption":"Oflox"},"image":{"@id":"https:\/\/www.oflox.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ofloxindia","https:\/\/x.com\/oflox3","https:\/\/www.instagram.com\/ofloxindia"]},{"@type":"Person","@id":"https:\/\/www.oflox.com\/blog\/#\/schema\/person\/967235da2149ca663a607d1c0acd4f81","name":"Editorial Team","image":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/secure.gravatar.com\/avatar\/ff86524713a69d2c211ad6cbec38fb15eb59030ba5e59ddad406dfb7eb4e5b0c?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/ff86524713a69d2c211ad6cbec38fb15eb59030ba5e59ddad406dfb7eb4e5b0c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ff86524713a69d2c211ad6cbec38fb15eb59030ba5e59ddad406dfb7eb4e5b0c?s=96&d=mm&r=g","caption":"Editorial Team"},"sameAs":["https:\/\/www.oflox.com\/","https:\/\/www.facebook.com\/ofloxindia\/","https:\/\/www.instagram.com\/ofloxindia\/","https:\/\/www.linkedin.com\/company\/ofloxindia\/","https:\/\/x.com\/oflox3"]},{"@type":"Question","@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142732333","position":1,"url":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142732333","name":"What Is IMPS?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"IMPS, also known as Immediate Payment Service, is an electronic fund transfer process whose money is instantly sent to the payee \/ beneficiary account and that too in real time. National Payments Corporation of India (NPCI) in India provides this facility.","inLanguage":"en"},"inLanguage":"en"},{"@type":"Question","@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142758165","position":2,"url":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142758165","name":"Are there any charges for receiving money during IMPS?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"No","inLanguage":"en"},"inLanguage":"en"},{"@type":"Question","@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142805189","position":3,"url":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142805189","name":"Do different banks impose different IMPS charges?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes","inLanguage":"en"},"inLanguage":"en"},{"@type":"Question","@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142816168","position":4,"url":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142816168","name":"What to do if money is debit from your account and then receiver does not get that money?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"If this happens to you in a way that does not happen often, then you should do it for 24 hours. If your money has not come even then, then you should contact your banks.","inLanguage":"en"},"inLanguage":"en"},{"@type":"Question","@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142842238","position":5,"url":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142842238","name":"Does IMPS have any specific timings?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"No. You can avail IMPS services anytime of the day on 24\/7 basis.","inLanguage":"en"},"inLanguage":"en"},{"@type":"Question","@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142868161","position":6,"url":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142868161","name":"Can IMPS services be availed in bank holidays?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The benefit of IMPS services plan can be availed 365 days, which includes bank holidays and weekends.","inLanguage":"en"},"inLanguage":"en"},{"@type":"Question","@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142892823","position":7,"url":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142892823","name":"What are the benefits of IMPS?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"1. Realtime, instant<br\/>2. It is available all the time<br\/>3. It is very safe and secure<br\/>4. Is economical<br\/>5. This can be done through many channels: such as Mobile Banking, internet banking, ATMs etc.","inLanguage":"en"},"inLanguage":"en"},{"@type":"Question","@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142977019","position":8,"url":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607142977019","name":"How to register for IMPS services?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"If you also have to use IMPS services, then for this you will have to signup for your bank\u2019s internet \/ mobile banking service.","inLanguage":"en"},"inLanguage":"en"},{"@type":"Question","@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607143002846","position":9,"url":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607143002846","name":"Is there a transaction limit of IMPS?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes. There are different minimum and maximum limits according to the banks.","inLanguage":"en"},"inLanguage":"en"},{"@type":"Question","@id":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607143025082","position":10,"url":"https:\/\/www.oflox.com\/blog\/what-is-imps\/#faq-question-1607143025082","name":"Can money be sent to other countries with the help of IMPS?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"No. IMPS can only be used for domestic fund transfer transactions.","inLanguage":"en"},"inLanguage":"en"}]}},"_links":{"self":[{"href":"https:\/\/www.oflox.com\/blog\/wp-json\/wp\/v2\/posts\/3123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oflox.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oflox.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oflox.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oflox.com\/blog\/wp-json\/wp\/v2\/comments?post=3123"}],"version-history":[{"count":0,"href":"https:\/\/www.oflox.com\/blog\/wp-json\/wp\/v2\/posts\/3123\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oflox.com\/blog\/wp-json\/wp\/v2\/media\/3124"}],"wp:attachment":[{"href":"https:\/\/www.oflox.com\/blog\/wp-json\/wp\/v2\/media?parent=3123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oflox.com\/blog\/wp-json\/wp\/v2\/categories?post=3123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oflox.com\/blog\/wp-json\/wp\/v2\/tags?post=3123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}