How do I register for IMPS services?
Curious about Immediate Payment Service
To register for IMPS (Immediate Payment Service) in India, you need to follow these general steps:
1. Choose a Bank: Select a bank that offers IMPS services. Most major banks in India provide IMPS facilities to their customers. Ensure that the bank you choose is convenient for your banking needs and has a userfriendly mobile banking or internet banking platform.
2. Open a Bank Account: If you do not have an account with the chosen bank, visit the nearest branch and open a bank account. Follow the necessary procedures, provide the required documentation (such as identity proof, address proof, and photograph), and complete the account opening formalities as per the bank's guidelines.
3. Activate Mobile Banking or Internet Banking: To access IMPS, you typically need to activate mobile banking or internet banking services associated with your bank account. You may need to submit a separate application or register online through the bank's website.
a. Mobile Banking: Download and install the official mobile banking app provided by your bank from the respective app store (Google Play Store, Apple App Store, etc.). Launch the app and follow the instructions to register for mobile banking services. You may need to provide your account details, set up security credentials (such as MPIN), and authenticate your mobile number through an OTP (OneTime Password) verification process.
b. Internet Banking: Visit your bank's website and look for the internet banking registration or login section. Register for internet banking by providing your account details, personal information, and creating login credentials (such as username and password). Follow the bank's instructions to complete the registration process.
4. MPIN Generation: Once you have activated mobile banking or internet banking, you will be prompted to generate a Mobile Personal Identification Number (MPIN). The MPIN is a secure four to sixdigit numeric code that acts as a password for authorizing IMPS transactions. Set a strong and confidential MPIN, ensuring that it is not easily guessable by others.
5. Linking Mobile Number: It is important to link your registered mobile number with your bank account. Some banks automatically link your registered mobile number during the account opening process. However, if it is not done or if you need to update your mobile number, visit the bank branch or follow the instructions provided by your bank's mobile banking or internet banking interface to link/update your mobile number.
6. Access IMPS Services: Once you have completed the above steps, you are now registered for IMPS services. Launch your bank's mobile banking app or access the internet banking portal using your credentials. Navigate to the IMPS or Fund Transfer section to initiate IMPS transactions and make use of the service.
Please note that the registration process may vary slightly depending on the bank you choose. It is advisable to refer to your bank's official website, contact their customer support, or visit the bank branch for specific instructions and guidance on registering for IMPS services.