Lesson60 seconds
What is IMPS?
Near-instant bank transfers available 24x7 in India.
Step 1 of 9
Simple Definition
IMPS (Immediate Payment Service) enables almost immediate funds transfer between banks, including nights and holidays, within limits.
Explanation level
Tap a persona to hear the same idea in a totally different voice.
Try “Like I'm 5™” for a picture-book version - not the grown-up wording above.
Notebook
Your notes
Notes save automatically on this device
Knowledge graph
Done Here Next