State Bank of India is one of the largest banks in India offering various financial products to its customers. Customers can opt for banking products such as loans and advances, accounts, cards, NEFT, IMPS and RTGS, internet banking and so on. To transfer funds, customer either needs to visit the branch or proceed through mobile banking apps. For this, it is important to check the timings of SBI IMPS in order to transfer funds smoothly i.e. without any delay or rejection.
What is the SBI IMPS Timing?
SBI has not made any mandatory timings to initiate IMPS transfers. Customers can send money to the beneficiary account anytime and from anywhere. The SBI IMPS timings for inward and outwards transactions can be availed 24x7x365. IMPS transfers are not restricted even on bank holidays or public holidays.
How can I add beneficiary to initiate IMPS transaction via SBI Anywhere?
Follow the below mentioned steps to add beneficiary via SBI Anywhere:
Step 1: Visit the official website at www.onlinesbi.com
Step 2: Visit the profile section and click ‘Manage Beneficiary’
Step 3: Select ‘IMPS Beneficiary’
Step 4: Add details for the beneficiary
Step 5: Approve the beneficiary via OTP sent on registered mobile number
Also, check all related details about the IMPS:
SBI IMPS Timings : FAQs
There are no such SBI IMPS timings to transfer funds. Customers can transfer funds 24x7x365.
SBI IMPS limit is decided by the National Payment Corporation of India. The limit is set to Rs. 5 lakhs per day via IMPS.
There is no charge on IMPS transactions up to Rs. 5 lakhs when done through online mode.
IMPS stands for Immediate Payment Service. It is an instant payment transfer service which is executed through mobile phones.
