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NPCI Official

IMPS — Immediate Payment Service

Real-time interbank money transfer — 24×7, 365 days. IMPS works on mobile number + MMID or account number + IFSC. Instant credit to beneficiary.

IMPS statistics being sourced. Visit NPCI IMPS Statistics for official data.

Availability

24×7, 365 days — including weekends and holidays. IMPS does not have NEFT-style batch windows.

Transaction Limit (Standard)

Up to ₹5 lakh per transaction (most banks). RBI raised the limit; individual bank limits may be lower.

Payment Modes

Mobile + MMID (Mobile Money Identifier) or Account Number + IFSC. Beneficiary receives funds in real-time.

Charges

Varies by bank. Online IMPS is typically ₹0–₹25 per transaction for small amounts. GST applicable. Check your bank's Schedule of Charges.

Source: NPCI IMPS Overview and official NPCI IMPS statistics. Limits and charges are indicative — verify with your bank before transacting.