IMPS stands for Immediate Payment Service, which is an instant interbank electronic fund transfer service in India. Like NEFT and RTGS, IMPS is also provided by DMC Bank as a value-added service to our customers.
The main advantage of IMPS is that it allows customers to transfer funds instantly, 24x7, 365 days a year. It is an ideal option for customers who need to transfer funds urgently or at odd hours.
IMPS is a safe and reliable way of transferring funds instantly, and it is widely used for making various types of transactions, including person-to-person transfers, bill payments, mobile recharges, and other financial transactions.
IMPS can be accessed through Shree Durgadevi Mahila Sahakari Bank mobile banking, and bank branch. The transaction can be initiated using the beneficiary's mobile number and MMID (Mobile Money Identifier) or the beneficiary's bank account number and IFSC code.
Shree Durgadevi Mahila Sahakari Bank offers this service free of cost to our business customers. (Terms & Conditions apply)
