Banaskantha Bank

IMPS - Immediate Payment Service

The Banaskantha Mercantile Co-operative Bank Ltd. brings you IMPS (Immediate Payment Service) – a secure, real-time interbank fund transfer service available 24×7, including Sundays and bank holidays.

Features & Benefits

  • Instant fund transfer across banks.
  • Available 24x7, 365 days.
  • Transfer through Mobile Banking or Internet Banking.
  • Funds are credited instantly to the beneficiary account.
  • Secure and reliable payment infrastructure from NPCI.

How to Use

  • Log in to your Mobile Banking.
  • Choose IMPS Transfer.
  • Enter Beneficiary’s Account Number + IFSC.
  • Enter the amount and confirm the transaction.
  • Secure and reliable payment infrastructure from NPCI.

Transaction Limits

  • Minimum: ₹1
  • Maximum: ₹5,00,000 per day (as per RBI guidelines)

Charges

  • Nominal charges as per bank policy. (Please contact branch or refer to service charges page)
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