What do I need to use IMPS?

To use IMPS (Immediate Payment Service) in India, you need the following:

1. Bank Account: You must have an active bank account with any participating bank in India. IMPS is facilitated by banks, and you need a bank account to initiate or receive IMPS transactions.

2. Mobile Banking or Internet Banking: You need to be registered for mobile banking or internet banking services with your bank. This allows you to access your bank account and initiate IMPS transactions using your mobile device or computer.

3. Mobile Number or Internet Access: For IMPS transactions, you either need a mobile number registered with your bank or internet access to use the internet banking portal. Mobile banking apps often require a onetime registration process where you link your mobile number with your bank account.

4. MPIN (Mobile Personal Identification Number): To authorize IMPS transactions, you need an MPIN. An MPIN is a unique four to sixdigit numeric code set by you during the registration process for mobile banking. The MPIN serves as a password to authenticate your identity and authorize transactions.

5. Recipient's Details: If you want to send money through IMPS, you will need the recipient's bank account number, Indian Financial System Code (IFSC), Mobile Money Identifier (MMID), mobile number, or Aadhaar number, depending on the transfer mode you choose. Make sure you have accurate and complete information to ensure the funds reach the intended recipient.

6. Secure Device: It's important to use a secure and trusted device (such as a smartphone or computer) to access mobile banking or internet banking services. Ensure your device has updated operating system software, security patches, and reliable antivirus or antimalware protection to mitigate the risk of unauthorized access or fraudulent activities.

It's worth noting that the specific requirements and registration process may vary slightly depending on your bank and their mobile banking or internet banking interface. Banks provide detailed instructions and guidelines on how to register for mobile banking or internet banking services, set up the required security measures, and access IMPS functionalities.

For personalized guidance and specific requirements related to IMPS, it is recommended to refer to your bank's official documentation, contact their customer support, or visit the bank branch for assistance. They can provide you with accurate information tailored to your bank and account details.