{"id":2993,"date":"2026-01-19T10:06:32","date_gmt":"2026-01-19T10:06:32","guid":{"rendered":"https:\/\/jumpp.finance\/blog\/?p=2993"},"modified":"2026-01-19T10:06:33","modified_gmt":"2026-01-19T10:06:33","slug":"what-is-imps","status":"publish","type":"post","link":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/","title":{"rendered":"What is IMPS, and How Can You Transfer Money When Banks Are Closed?"},"content":{"rendered":"<div class='main-article-wrapper'>\n<p class=\"wp-block-paragraph\">UPI has become a popular way to send money in India. Most people rely on apps like Google Pay for all their payments. However, there are moments when a UPI transaction fails or a payment does not go through. In such situations, IMPS becomes the trusted backup. It is one of India\u2019s most reliable banking systems for instant transfers. So, what is IMPS and how does it work?<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_IMPS_Transfer\"><\/span>What is IMPS Transfer?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>IMPS (Immediate Payment Service) <\/strong>is a real-time electronic money transfer system in India that lets you send and receive money instantly. You can do it 24 hours a day, including weekends and holidays.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It allows transfers between different banks using mobile banking, internet banking, or ATMs. IMPS is operated by the <strong>National Payments Corporation of India (NPCI)<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It has a daily transfer limit of up to <strong>\u20b95 lakh<\/strong>, depending on the bank.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong><a href=\"https:\/\/jumpp.finance\/save\" target=\"_blank\" rel=\"noreferrer noopener\">Open a zero-balance savings account <\/a><\/strong>to start using instant bank transfers without waiting for banking hours.<\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What is IMPS P2A Transfer?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>IMPS P2A (Person-to-Account)<\/strong> transfer allows you to send money instantly using the recipient\u2019s bank account number and IFSC code.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What is IMPS P2P Transfer?&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>IMPS P2P<\/strong> <strong>(Person-to-<strong>Person<\/strong>)<\/strong> transfer lets you send money instantly to another person using their mobile number and MMID. It is useful when bank account details are not available.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How Much Time Does IMPS Take to Transfer Money?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">IMPS transfers money instantly in real time. In most cases, the amount is credited to the recipient\u2019s bank account within a few seconds to a few minutes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While IMPS enables instant digital transfers, cheque-based payments still rely on <strong><a href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-micr-code\/\" target=\"_blank\" rel=\"noreferrer noopener\">MICR codes<\/a><\/strong> for accurate clearing.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">IMPS vs UPI<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>IMPS:<\/strong> You have to add a beneficiary in advance using bank details or mobile number and MMID.<\/li>\n\n\n\n<li><strong>UPI:<\/strong> It only requires a Virtual Payment Address or mobile number.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IMPS_Features_You_Should_Know_Before_Sending_Urgent_Payments\"><\/span>IMPS Features You Should Know Before Sending Urgent Payments<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">These features explain why money moves instantly, even when banking hours, holidays, or apps fail you.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>IMPS processes payments in real time, which means the money is transferred instantly between banks.<\/li>\n\n\n\n<li>It works across different banks in India through a central payment network managed by NPCI.<\/li>\n\n\n\n<li>IMPS supports both person-to-person and person-to-account transfers, giving users flexibility.<\/li>\n\n\n\n<li>You can send money using an account number and IFSC or by using a mobile number with MMID.<\/li>\n\n\n\n<li>IMPS is accessible through mobile banking apps, internet banking, ATMs, and in some cases, SMS banking.<\/li>\n\n\n\n<li>The service is available twenty-four hours a day, including weekends and bank holidays.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Benefits_of_IMPS_Why_is_it_Preferred_for_Last-Minute_Transfers\"><\/span>Benefits of IMPS: Why is it Preferred for Last-Minute Transfers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">These benefits show why IMPS is still the preferred choice!<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Money reaches the recipient immediately, making it ideal for urgent payments.<\/li>\n\n\n\n<li>The service is always available, even at night or during bank holidays.<\/li>\n\n\n\n<li>It is easy to use and does not always require full bank account details.<\/li>\n\n\n\n<li>Transactions are secure and protected through OTP and MPIN authentication.<\/li>\n\n\n\n<li>IMPS is suitable for emergencies such as medical bills or last-minute transfers.<\/li>\n\n\n\n<li>Users can transfer up to five lakh rupees per day for personal or business needs.<\/li>\n\n\n\n<li>Charges are generally low, making IMPS a cost-effective payment option.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IMPS_Transfer_Limits_2025%E2%80%932026\"><\/span>IMPS Transfer Limits (2025\u20132026)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">IMPS transfer limits define how much money you can send instantly using the Immediate Payment Service, and these limits are set by NPCI and followed by banks with minor variations.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">General IMPS Limits<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Maximum limit:<\/strong> Up to <strong>\u20b95 lakh per transaction or per day<\/strong> for most banks and digital channels.<\/li>\n\n\n\n<li><strong>Minimum limit:<\/strong> Usually <strong>\u20b91<\/strong>, depending on the bank.<\/li>\n\n\n\n<li><strong>New beneficiary limit:<\/strong> Many banks cap transfers to <strong>\u20b925,000 to \u20b950,000<\/strong> during the first 24 hours after adding a beneficiary.<\/li>\n\n\n\n<li><strong>Wallet or app-based IMPS:<\/strong> Limits may be lower, often around <strong>\u20b910,000 per day<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Channel-wise IMPS Limits<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Mobile banking and internet banking:<\/strong> Up to <strong>\u20b95 lakh<\/strong>.<\/li>\n\n\n\n<li><strong>ATM-based IMPS:<\/strong> Commonly limited to <strong>\u20b950,000 to \u20b92 lakh<\/strong>.<\/li>\n\n\n\n<li><strong>SMS or IVR banking:<\/strong> Usually has lower limits.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">IMPS Limits by Major Banks<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>State Bank of India (SBI):<\/strong> Up to <strong>\u20b95 lakh per day<\/strong>.<\/li>\n\n\n\n<li><strong>HDFC Bank:<\/strong> Up to <strong>\u20b95 lakh per transaction<\/strong>, subject to third-party transfer limits.<\/li>\n\n\n\n<li><strong>ICICI Bank:<\/strong> Up to <strong>\u20b95 lakh per transaction<\/strong>, with higher daily caps in some cases.<\/li>\n\n\n\n<li><strong>Axis Bank:<\/strong> Up to <strong>\u20b95 lakh per day<\/strong>.<\/li>\n\n\n\n<li><strong>IndusInd Bank:<\/strong> Often limited to <strong>\u20b950,000 per day<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IMPS_Charges\"><\/span>IMPS Charges<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">IMPS charges are usually low.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em><a href=\"https:\/\/jumpp.finance\/blog\/finance-fusion\/difference-between-neft-and-rtgs-and-imps\/\" target=\"_blank\" rel=\"noreferrer noopener\">Check IMPS vs NEFT vs RTGS charges in 2026!<\/a><\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Transaction Amount<\/strong><\/td><td><strong>IMPS Charges (Indicative)<\/strong><\/td><\/tr><tr><td>Up to \u20b925,000<\/td><td>Usually free or nominal<\/td><\/tr><tr><td>\u20b925,001 to \u20b91 lakh<\/td><td>\u20b92 to \u20b95 + GST<\/td><\/tr><tr><td>\u20b91 lakh to \u20b92 lakh<\/td><td>\u20b96 to \u20b915 + GST<\/td><\/tr><tr><td>\u20b92 lakh to \u20b95 lakh<\/td><td>\u20b915 sto \u20b925 + GST<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">IMPS Charges by Major Bank<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Bank<\/strong><\/td><td><strong>IMPS Charges<\/strong><\/td><\/tr><tr><td>SBI<\/td><td>\u20b92 + GST (\u20b925k\u2013\u20b91 lakh), \u20b96 + GST (\u20b91\u2013\u20b92 lakh)<\/td><\/tr><tr><td>HDFC Bank<\/td><td>\u20b95\u2013\u20b915 + GST (amount-based)<\/td><\/tr><tr><td>ICICI Bank<\/td><td>Around \u20b95 + GST<\/td><\/tr><tr><td>Axis Bank<\/td><td>\u20b95\u2013\u20b915 + GST<\/td><\/tr><tr><td>PNB<\/td><td>Similar to SBI slabs<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Note:<\/strong> IMPS limits and charges may vary from bank to bank. Always check your bank\u2019s official website or mobile banking app for the most accurate and updated details before making a transfer.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Transfer_Money_Using_IMPS\"><\/span>How to Transfer Money Using IMPS?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">IMPS allows you to send money instantly from one bank account to another, any time of the day, including weekends and holidays.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Steps to Transfer Money via IMPS (Mobile or Internet Banking)<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 1-<\/strong> <strong>Log in<br><\/strong>Open your bank\u2019s mobile app or internet banking and log in using your credentials.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 2-<\/strong> <strong>Go to Fund Transfer<br><\/strong>Select the <strong>Fund Transfer<\/strong> or <strong>Payments<\/strong> option from the menu.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 3-<\/strong> <strong>Choose IMPS<br><\/strong>Select <strong>IMPS<\/strong> as the transfer mode.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 4-<\/strong> <strong>Enter Beneficiary Details<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Person to Person (P2P):<\/strong> Enter the recipient\u2019s <strong>mobile number and MMID<\/strong>.<\/li>\n\n\n\n<li><strong>Person to Account (P2A):<\/strong> Enter the recipient\u2019s <strong>bank account number and IFSC code<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 5-<\/strong> <strong>Enter the Amount<br><\/strong>Type the amount you want to transfer and proceed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 6-<\/strong> <strong>Verify and Confirm<br><\/strong>Check all details carefully, then confirm using your <strong>MPIN or OTP<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 7-<\/strong> <strong>Transfer Successful<br><\/strong>The money is credited to the recipient\u2019s account instantly, and you receive a confirmation message.<\/p>\n\n\n\n<ol class=\"wp-block-list\"><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\">Other Ways to Do an IMPS Transfer<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>ATM:<\/strong> Use your debit card at an ATM, select IMPS, and enter the required details.<\/li>\n\n\n\n<li><strong>SMS Banking:<\/strong> Send a formatted SMS to your bank\u2019s IMPS number, if supported.<\/li>\n\n\n\n<li><strong>Bank Branch:<\/strong> Visit your bank branch for assisted IMPS transfers.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">IMPS is secure, fast, and ideal for urgent money transfers with limits generally up to <strong>\u20b95 lakh<\/strong>, depending on the bank.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Difference_Between_IMPS_RTGS_and_NEFT\"><\/span>Difference Between IMPS, RTGS, and NEFT<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">All three are bank transfer methods in India, but they differ in speed, limits, and usage.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Feature<\/strong><\/td><td><strong>IMPS<\/strong><\/td><td><strong>RTGS<\/strong><\/td><td><strong>NEFT<\/strong><\/td><\/tr><tr><td>Full Form<\/td><td>Immediate Payment Service<\/td><td>Real Time Gross Settlement<\/td><td>National Electronic Funds Transfer<\/td><\/tr><tr><td>Transfer Speed<\/td><td>Instant (real-time)<\/td><td>Real-time, one-to-one<\/td><td>Batch-based (hourly)<\/td><\/tr><tr><td>Availability<\/td><td>24\/7, including holidays<\/td><td>24\/7<\/td><td>24\/7<\/td><\/tr><tr><td>Minimum Amount<\/td><td>\u20b91<\/td><td>\u20b92 lakh<\/td><td>\u20b91<\/td><\/tr><tr><td>Maximum Amount<\/td><td>Up to \u20b95 lakh<\/td><td>No upper limit<\/td><td>No upper limit<\/td><\/tr><tr><td>Best Used For<\/td><td>Urgent small to medium payments<\/td><td>High-value transfers<\/td><td>Regular, non-urgent transfers<\/td><\/tr><tr><td>Settlement Type<\/td><td>Real time<\/td><td>Real time, one-to-one<\/td><td>Processed in batches<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Disclaimer\u2013 The rankings and figures in this article have been compiled from multiple verified reports, credible news sources, and public financial data available as of 2026.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">All values are approximate and may vary with newer updates, revisions, or changes in official records.<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IMPS_Transfer_%E2%80%93_FAQs\"><\/span>IMPS Transfer &#8211; FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1768806474496\"><strong class=\"schema-faq-question\"><strong>What are the benefits of IMPS?<\/strong><\/strong> <p class=\"schema-faq-answer\">IMPS allows instant, real-time money transfers 24\/7, including weekends and holidays.<br\/>It also offers flexibility by enabling transfers using mobile number and MMID, not just bank details.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1768806475588\"><strong class=\"schema-faq-question\"><strong>What are the disadvantages of IMPS?<\/strong><\/strong> <p class=\"schema-faq-answer\">IMPS has a lower transaction limit, usually capped at \u20b95 lakh per transaction.<br\/>Some banks also charge a small fee, and it requires stable internet or mobile connectivity.<br\/><\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1768806476177\"><strong class=\"schema-faq-question\"><strong>Is IMPS better than a bank transfer?<\/strong><\/strong> <p class=\"schema-faq-answer\">IMPS is better when you need money credited immediately, especially outside banking hours.<br\/>For non-urgent or very high-value transfers, <strong>NEFT <\/strong>or <strong>RTGS<\/strong> may be more suitable.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1768806476723\"><strong class=\"schema-faq-question\"><strong>Is IMPS free or chargeable?<\/strong><\/strong> <p class=\"schema-faq-answer\">IMPS is often free on mobile banking for small amounts, but many banks charge nominal fees.<br\/>Charges usually range from \u20b91 to \u20b925 plus GST, depending on the transaction amount.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1768806477249\"><strong class=\"schema-faq-question\"><strong>Which is safer, IMPS or NEFT?<\/strong><\/strong> <p class=\"schema-faq-answer\">Both IMPS and NEFT are equally safe and regulated under RBI guidelines.<br\/>IMPS is operated by NPCI, while NEFT is directly managed by the RBI.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1768806720582\"><strong class=\"schema-faq-question\"><strong>What is the new rule of IMPS?<\/strong><\/strong> <p class=\"schema-faq-answer\">IMPS now allows simplified transfers using only the recipient\u2019s mobile number and bank name. This removes the need for IFSC codes in certain transaction types.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1768806733374\"><strong class=\"schema-faq-question\"><strong>What is the fastest way to transfer money between banks?<\/strong><\/strong> <p class=\"schema-faq-answer\">IMPS and UPI are the fastest options for small to medium amounts, as they work in real time.<br\/>For large urgent transfers above \u20b92 lakh, RTGS is the fastest and most reliable method.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1768806745489\"><strong class=\"schema-faq-question\"><strong>How does IMPS differ from NEFT?<\/strong><\/strong> <p class=\"schema-faq-answer\">IMPS transfers money instantly on a one-to-one basis, while NEFT works in batch settlements.<br\/>IMPS has a \u20b95 lakh cap, whereas NEFT has no maximum limit set by the RBI.<\/p> <\/div> <\/div>\n<\/div><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_88 counter-flat ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#What_is_IMPS_Transfer\" >What is IMPS Transfer?<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#IMPS_Features_You_Should_Know_Before_Sending_Urgent_Payments\" >IMPS Features You Should Know Before Sending Urgent Payments<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#Benefits_of_IMPS_Why_is_it_Preferred_for_Last-Minute_Transfers\" >Benefits of IMPS: Why is it Preferred for Last-Minute Transfers<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#IMPS_Transfer_Limits_2025%E2%80%932026\" >IMPS Transfer Limits (2025\u20132026)<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#IMPS_Charges\" >IMPS Charges<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#How_to_Transfer_Money_Using_IMPS\" >How to Transfer Money Using IMPS?<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#Difference_Between_IMPS_RTGS_and_NEFT\" >Difference Between IMPS, RTGS, and NEFT<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#IMPS_Transfer_%E2%80%93_FAQs\" >IMPS Transfer &#8211; FAQs<\/a><\/li><\/ul><\/nav><\/div>\n","protected":false},"excerpt":{"rendered":"<p>UPI has become a popular way to send money in India. Most people rely on apps like Google Pay for all their payments. However, there are moments when a UPI transaction fails or a payment does not go through. In such situations, IMPS becomes the trusted backup. It is one of India\u2019s most reliable banking &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;What is IMPS, and How Can You Transfer Money When Banks Are Closed?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":3005,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1001],"tags":[1715,1718,1709,1710,1716,1712,1717,844,1713,1714,1711],"class_list":["post-2993","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-personal-finance","tag-how-much-time-imps-takes-to-transfer-money","tag-how-to-transfer-money-using-imps","tag-imps","tag-imps-charges","tag-imps-features","tag-imps-full-form","tag-imps-transfer-limits","tag-what-is-imps","tag-what-is-imps-in-banking","tag-what-is-imps-transaction","tag-what-is-imps-transfer"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What is IMPS: Full Form, Charges, Limits &amp; Transfer Time<\/title>\n<meta name=\"description\" content=\"IMPS enables instant, secure fund transfers between banks in real time, even on weekends and holidays. Know IMPS charges and limits in 2026.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is IMPS: Full Form, Charges, Limits &amp; Transfer Time\" \/>\n<meta property=\"og:description\" content=\"IMPS enables instant, secure fund transfers between banks in real time, even on weekends and holidays. Know IMPS charges and limits in 2026.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/\" \/>\n<meta property=\"og:site_name\" content=\"jUMPP\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-19T10:06:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-19T10:06:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/jumpp.finance\/blog\/wp-content\/uploads\/2026\/01\/what-is-imps.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1376\" \/>\n\t<meta property=\"og:image:height\" content=\"892\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jumpp Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"What is IMPS: Full Form, Charges, Limits &amp; Transfer Time\" \/>\n<meta name=\"twitter:description\" content=\"IMPS enables instant, secure fund transfers between banks in real time, even on weekends and holidays. Know IMPS charges and limits in 2026.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/jumpp.finance\/blog\/wp-content\/uploads\/2026\/01\/what-is-imps.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jumpp Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/\"},\"author\":{\"name\":\"Jumpp Team\",\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/#\\\/schema\\\/person\\\/82548df3e3d099f34408da24befeed76\"},\"headline\":\"What is IMPS, and How Can You Transfer Money When Banks Are Closed?\",\"datePublished\":\"2026-01-19T10:06:32+00:00\",\"dateModified\":\"2026-01-19T10:06:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/\"},\"wordCount\":1444,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/01\\\/what-is-imps.jpg\",\"keywords\":[\"how much time imps takes to transfer money\",\"how to transfer money using imps\",\"IMPS\",\"imps charges\",\"imps features\",\"imps full form\",\"imps transfer limits\",\"what is imps\",\"what is imps in banking\",\"what is imps transaction\",\"what is imps transfer\"],\"articleSection\":[\"Personal Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#respond\"]}]},{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/\",\"url\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/\",\"name\":\"What is IMPS: Full Form, Charges, Limits & Transfer Time\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/01\\\/what-is-imps.jpg\",\"datePublished\":\"2026-01-19T10:06:32+00:00\",\"dateModified\":\"2026-01-19T10:06:33+00:00\",\"description\":\"IMPS enables instant, secure fund transfers between banks in real time, even on weekends and holidays. Know IMPS charges and limits in 2026.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806474496\"},{\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806475588\"},{\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806476177\"},{\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806476723\"},{\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806477249\"},{\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806720582\"},{\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806733374\"},{\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806745489\"}],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#primaryimage\",\"url\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/01\\\/what-is-imps.jpg\",\"contentUrl\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/01\\\/what-is-imps.jpg\",\"width\":1376,\"height\":892,\"caption\":\"what is imps\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Financial Management\",\"item\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/category\\\/financial-management\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Personal Finance\",\"item\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/category\\\/financial-management\\\/personal-finance\\\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"What is IMPS, and How Can You Transfer Money When Banks Are Closed?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/\",\"name\":\"jUMPP Blog\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/#organization\",\"name\":\"jUMPP Blog\",\"url\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/logo-white-1.svg\",\"contentUrl\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/logo-white-1.svg\",\"width\":1,\"height\":1,\"caption\":\"jUMPP Blog\"},\"image\":{\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/#\\\/schema\\\/person\\\/82548df3e3d099f34408da24befeed76\",\"name\":\"Jumpp Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/eb361d9ae92b26e516c062b05bf53ece0b829422e9fee69ab30ffb4127b4f946?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/eb361d9ae92b26e516c062b05bf53ece0b829422e9fee69ab30ffb4127b4f946?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/eb361d9ae92b26e516c062b05bf53ece0b829422e9fee69ab30ffb4127b4f946?s=96&d=mm&r=g\",\"caption\":\"Jumpp Team\"},\"url\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/author\\\/rohanrawat\\\/\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806474496\",\"position\":1,\"url\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806474496\",\"name\":\"What are the benefits of IMPS?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"IMPS allows instant, real-time money transfers 24\\\/7, including weekends and holidays.<br\\\/>It also offers flexibility by enabling transfers using mobile number and MMID, not just bank details.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806475588\",\"position\":2,\"url\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806475588\",\"name\":\"What are the disadvantages of IMPS?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"IMPS has a lower transaction limit, usually capped at \u20b95 lakh per transaction.<br\\\/>Some banks also charge a small fee, and it requires stable internet or mobile connectivity.<br\\\/>\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806476177\",\"position\":3,\"url\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806476177\",\"name\":\"Is IMPS better than a bank transfer?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"IMPS is better when you need money credited immediately, especially outside banking hours.<br\\\/>For non-urgent or very high-value transfers, <strong>NEFT <\\\/strong>or <strong>RTGS<\\\/strong> may be more suitable.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806476723\",\"position\":4,\"url\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806476723\",\"name\":\"Is IMPS free or chargeable?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"IMPS is often free on mobile banking for small amounts, but many banks charge nominal fees.<br\\\/>Charges usually range from \u20b91 to \u20b925 plus GST, depending on the transaction amount.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806477249\",\"position\":5,\"url\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806477249\",\"name\":\"Which is safer, IMPS or NEFT?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Both IMPS and NEFT are equally safe and regulated under RBI guidelines.<br\\\/>IMPS is operated by NPCI, while NEFT is directly managed by the RBI.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806720582\",\"position\":6,\"url\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806720582\",\"name\":\"What is the new rule of IMPS?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"IMPS now allows simplified transfers using only the recipient\u2019s mobile number and bank name. This removes the need for IFSC codes in certain transaction types.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806733374\",\"position\":7,\"url\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806733374\",\"name\":\"What is the fastest way to transfer money between banks?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"IMPS and UPI are the fastest options for small to medium amounts, as they work in real time.<br\\\/>For large urgent transfers above \u20b92 lakh, RTGS is the fastest and most reliable method.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806745489\",\"position\":8,\"url\":\"https:\\\/\\\/jumpp.finance\\\/blog\\\/financial-management\\\/personal-finance\\\/what-is-imps\\\/#faq-question-1768806745489\",\"name\":\"How does IMPS differ from NEFT?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"IMPS transfers money instantly on a one-to-one basis, while NEFT works in batch settlements.<br\\\/>IMPS has a \u20b95 lakh cap, whereas NEFT has no maximum limit set by the RBI.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What is IMPS: Full Form, Charges, Limits & Transfer Time","description":"IMPS enables instant, secure fund transfers between banks in real time, even on weekends and holidays. Know IMPS charges and limits in 2026.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/","og_locale":"en_US","og_type":"article","og_title":"What is IMPS: Full Form, Charges, Limits & Transfer Time","og_description":"IMPS enables instant, secure fund transfers between banks in real time, even on weekends and holidays. Know IMPS charges and limits in 2026.","og_url":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/","og_site_name":"jUMPP","article_published_time":"2026-01-19T10:06:32+00:00","article_modified_time":"2026-01-19T10:06:33+00:00","og_image":[{"width":1376,"height":892,"url":"https:\/\/jumpp.finance\/blog\/wp-content\/uploads\/2026\/01\/what-is-imps.jpg","type":"image\/jpeg"}],"author":"Jumpp Team","twitter_card":"summary_large_image","twitter_title":"What is IMPS: Full Form, Charges, Limits & Transfer Time","twitter_description":"IMPS enables instant, secure fund transfers between banks in real time, even on weekends and holidays. Know IMPS charges and limits in 2026.","twitter_image":"https:\/\/jumpp.finance\/blog\/wp-content\/uploads\/2026\/01\/what-is-imps.jpg","twitter_misc":{"Written by":"Jumpp Team","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#article","isPartOf":{"@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/"},"author":{"name":"Jumpp Team","@id":"https:\/\/jumpp.finance\/blog\/#\/schema\/person\/82548df3e3d099f34408da24befeed76"},"headline":"What is IMPS, and How Can You Transfer Money When Banks Are Closed?","datePublished":"2026-01-19T10:06:32+00:00","dateModified":"2026-01-19T10:06:33+00:00","mainEntityOfPage":{"@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/"},"wordCount":1444,"commentCount":0,"publisher":{"@id":"https:\/\/jumpp.finance\/blog\/#organization"},"image":{"@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#primaryimage"},"thumbnailUrl":"https:\/\/jumpp.finance\/blog\/wp-content\/uploads\/2026\/01\/what-is-imps.jpg","keywords":["how much time imps takes to transfer money","how to transfer money using imps","IMPS","imps charges","imps features","imps full form","imps transfer limits","what is imps","what is imps in banking","what is imps transaction","what is imps transfer"],"articleSection":["Personal Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#respond"]}]},{"@type":["WebPage","FAQPage"],"@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/","url":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/","name":"What is IMPS: Full Form, Charges, Limits & Transfer Time","isPartOf":{"@id":"https:\/\/jumpp.finance\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#primaryimage"},"image":{"@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#primaryimage"},"thumbnailUrl":"https:\/\/jumpp.finance\/blog\/wp-content\/uploads\/2026\/01\/what-is-imps.jpg","datePublished":"2026-01-19T10:06:32+00:00","dateModified":"2026-01-19T10:06:33+00:00","description":"IMPS enables instant, secure fund transfers between banks in real time, even on weekends and holidays. Know IMPS charges and limits in 2026.","breadcrumb":{"@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806474496"},{"@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806475588"},{"@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806476177"},{"@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806476723"},{"@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806477249"},{"@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806720582"},{"@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806733374"},{"@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806745489"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#primaryimage","url":"https:\/\/jumpp.finance\/blog\/wp-content\/uploads\/2026\/01\/what-is-imps.jpg","contentUrl":"https:\/\/jumpp.finance\/blog\/wp-content\/uploads\/2026\/01\/what-is-imps.jpg","width":1376,"height":892,"caption":"what is imps"},{"@type":"BreadcrumbList","@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/jumpp.finance\/blog\/"},{"@type":"ListItem","position":2,"name":"Financial Management","item":"https:\/\/jumpp.finance\/blog\/category\/financial-management\/"},{"@type":"ListItem","position":3,"name":"Personal Finance","item":"https:\/\/jumpp.finance\/blog\/category\/financial-management\/personal-finance\/"},{"@type":"ListItem","position":4,"name":"What is IMPS, and How Can You Transfer Money When Banks Are Closed?"}]},{"@type":"WebSite","@id":"https:\/\/jumpp.finance\/blog\/#website","url":"https:\/\/jumpp.finance\/blog\/","name":"jUMPP Blog","description":"","publisher":{"@id":"https:\/\/jumpp.finance\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/jumpp.finance\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/jumpp.finance\/blog\/#organization","name":"jUMPP Blog","url":"https:\/\/jumpp.finance\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/jumpp.finance\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/jumpp.finance\/blog\/wp-content\/uploads\/2024\/09\/logo-white-1.svg","contentUrl":"https:\/\/jumpp.finance\/blog\/wp-content\/uploads\/2024\/09\/logo-white-1.svg","width":1,"height":1,"caption":"jUMPP Blog"},"image":{"@id":"https:\/\/jumpp.finance\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/jumpp.finance\/blog\/#\/schema\/person\/82548df3e3d099f34408da24befeed76","name":"Jumpp Team","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/eb361d9ae92b26e516c062b05bf53ece0b829422e9fee69ab30ffb4127b4f946?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/eb361d9ae92b26e516c062b05bf53ece0b829422e9fee69ab30ffb4127b4f946?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/eb361d9ae92b26e516c062b05bf53ece0b829422e9fee69ab30ffb4127b4f946?s=96&d=mm&r=g","caption":"Jumpp Team"},"url":"https:\/\/jumpp.finance\/blog\/author\/rohanrawat\/"},{"@type":"Question","@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806474496","position":1,"url":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806474496","name":"What are the benefits of IMPS?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"IMPS allows instant, real-time money transfers 24\/7, including weekends and holidays.<br\/>It also offers flexibility by enabling transfers using mobile number and MMID, not just bank details.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806475588","position":2,"url":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806475588","name":"What are the disadvantages of IMPS?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"IMPS has a lower transaction limit, usually capped at \u20b95 lakh per transaction.<br\/>Some banks also charge a small fee, and it requires stable internet or mobile connectivity.<br\/>","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806476177","position":3,"url":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806476177","name":"Is IMPS better than a bank transfer?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"IMPS is better when you need money credited immediately, especially outside banking hours.<br\/>For non-urgent or very high-value transfers, <strong>NEFT <\/strong>or <strong>RTGS<\/strong> may be more suitable.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806476723","position":4,"url":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806476723","name":"Is IMPS free or chargeable?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"IMPS is often free on mobile banking for small amounts, but many banks charge nominal fees.<br\/>Charges usually range from \u20b91 to \u20b925 plus GST, depending on the transaction amount.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806477249","position":5,"url":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806477249","name":"Which is safer, IMPS or NEFT?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Both IMPS and NEFT are equally safe and regulated under RBI guidelines.<br\/>IMPS is operated by NPCI, while NEFT is directly managed by the RBI.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806720582","position":6,"url":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806720582","name":"What is the new rule of IMPS?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"IMPS now allows simplified transfers using only the recipient\u2019s mobile number and bank name. This removes the need for IFSC codes in certain transaction types.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806733374","position":7,"url":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806733374","name":"What is the fastest way to transfer money between banks?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"IMPS and UPI are the fastest options for small to medium amounts, as they work in real time.<br\/>For large urgent transfers above \u20b92 lakh, RTGS is the fastest and most reliable method.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806745489","position":8,"url":"https:\/\/jumpp.finance\/blog\/financial-management\/personal-finance\/what-is-imps\/#faq-question-1768806745489","name":"How does IMPS differ from NEFT?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"IMPS transfers money instantly on a one-to-one basis, while NEFT works in batch settlements.<br\/>IMPS has a \u20b95 lakh cap, whereas NEFT has no maximum limit set by the RBI.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/jumpp.finance\/blog\/wp-json\/wp\/v2\/posts\/2993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jumpp.finance\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jumpp.finance\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jumpp.finance\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/jumpp.finance\/blog\/wp-json\/wp\/v2\/comments?post=2993"}],"version-history":[{"count":4,"href":"https:\/\/jumpp.finance\/blog\/wp-json\/wp\/v2\/posts\/2993\/revisions"}],"predecessor-version":[{"id":3007,"href":"https:\/\/jumpp.finance\/blog\/wp-json\/wp\/v2\/posts\/2993\/revisions\/3007"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jumpp.finance\/blog\/wp-json\/wp\/v2\/media\/3005"}],"wp:attachment":[{"href":"https:\/\/jumpp.finance\/blog\/wp-json\/wp\/v2\/media?parent=2993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jumpp.finance\/blog\/wp-json\/wp\/v2\/categories?post=2993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jumpp.finance\/blog\/wp-json\/wp\/v2\/tags?post=2993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}