Imps full form in banking: IMPS The full form of IMPS

IMPS The full form of IMPS is Immediate Mobile Payments Services. This online payment system facilitates inter-bank funds transfer system in real-time. An important factor to note is that you can use IMPS 24x7 throughout the year, including bank holidays. NEFT, RTGS and IMPS Limit Learn about Immediate Payment Service ( IMPS ) in banking , its features, transaction limits, and charges. Find out how to transfer money via IMPS and who is eligible for this service by Bank of Baroda. IMPS, which stands for Immediate Payment Service is a revolutionary interbank electronic funds transfer system in India. Launched by the National Payments Corporation of India (NPCI), IMPS allows you to transfer funds instantly and securely through mobile banking, internet banking, or even ATMs. The full form of IMPS is Immediate Payment Service . It is an electronic funds transfer system in India, enabling instant, real-time bank transfers 24/7, throughout the year.