HDFC Bank IMPS

HDFC Bank is one of the largest banks in India offering number of banking related products including credit cards, debit cards, RTGS, IMPS, NEFT, accounts, loans and advances to its customers. One such important banking product includes Immediate Payment Service (IMPS) under which a real time inter-banking electronic fund transfer is made. The HDFC Bank offers its service to its customer 24x7x365.

Features and Benefits of HDFC Bank IMPS

Mentioned below are certain features and benefits of HDFC Bank IMPS:

• Instant Transfer: With HDFC IMPS, customers can transfer the amount instantly to beneficiary’s account without any delay i.e. in real time. IMPS is one of the fastest modes of payment when it comes transfer money to beneficiary’s account.
• 24×7 Availability: IMPS is available to the customers 24×7. This means customers can transfer funds anytime i.e. even on bank holidays, public holidays and weekends.
• Secure Mode of Payment: IMPS offers safe and secure mode of payment to its customers. HDFC bank uses some of the advanced security feature such as two-factor authentication, encryption and so on to ensure the safety of customer’s fund and personal information.
• Easy to Use: HDFC Bank IMPS is easy to use and requires minimal efforts to proceed with the transaction.

How to Make Money Transfer Using IMPS?

HDFC Bank offers different modes to make IMPS Payment including Net Banking and Mobile Banking. Given below are some of the ways through which one can make IMPS transactions:

Mobile Banking

Given below are the steps required to make IMPS Payment through mobile banking:

Step 1: Login to your Mobile Banking App using your credentials.

Step 2: Select ‘Fund Transfer’ option.

Step 3: Choose ‘IMPS’ option

Step 4: Now enter the beneficiary’s mobile number, account number and IFSC Code

Step 5: Enter the amount to be transferred

Step 6: Confirm the transaction using your password

Step 7: Now your entered amount will be transferred instantly to the beneficiary’s account

Internet Banking

You can use HDFC Bank Internet Banking portal to avail HDFC Bank IMPS Service. Follow the steps given below:

Step 1: Login to HDFC Bank Internet Banking portal using your credentials

Step 2: Select ‘Fund Transfer’ option. Choose ‘IMPS’ option

Step 3: Enter the beneficiary’s mobile number, account number and IFSC Code to continue

Step 4: Enter the amount you wish to transfer

Step 5: Enter the password. Now your entered amount will be transferred within seconds.

HDFC IMPS Charges

There are certain charges that HDFC charges from its customers who wish to avail IMPS services:

HDFC Bank IMPS Limit

Given below are different IMPS Limits offered by HDFC Bank:

Maximum IMPS Limit: Rs. 5 lakhs

IMPS Using Account Number– Rs. 5 Lakhs

IMPS Using MMID– Net Banking and Mobile Banking: Rs. 5,000 per customer ID

IMPS Using USSD– For USSD, limit is Rs. 1,000

HDFC IMPS Timings

As stated above, HDFC IMPS is available 24x7x365 to all the customers of HDFC Bank. The HDFC Bank IMPS is one of the fastest modes of making fund transfer to beneficiary’s account. Customers can make IMPS transfers even on bank holidays, public holidays and weekends without any hassle.

Also, check all related details about the IMPS:

HDFC Bank IMPS : FAQs