IMPS Service

IMPS (Immediate Payment Service)

At The Kheda People's Co-Op Bank Ltd., we offer IMPS (Immediate Payment Service) – a fast, secure, and real-time interbank electronic fund transfer service available 24x7, including Sundays and bank holidays.

 

Key Features of IMPS:

💸 Instant Money Transfer – Funds are credited immediately to the beneficiary’s account.

🕐 Available 24x7x365 – Use the service any time, even on weekends and holidays.

📱 Multiple Access Channels – Available via Mobile Banking, Internet Banking, or Bank Branch.

🔐 Safe and Secure – Fully encrypted and RBI-regulated transaction process.

Supports P2P & P2M Transfers – Transfer to individuals or make payments to merchants.

 

Transaction Limits:

  • Minimum: ₹1
  • Maximum: ₹2,00,000 per transaction (As per RBI guidelines; subject to change by the bank)

 

Requirements for IMPS Transfer:

  • Sender’s valid account with The Kheda People's Co-Op Bank Ltd.
  • Beneficiary’s Mobile Number & MMID or Account Number & IFSC Code

 

Benefits to You:

  • Real-time fund transfer
  • Reduces the need for cash
  • Convenient for emergency transactions
  • Ideal for customers who need anytime banking services