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IMPS Eligibility and Usage

IMPS What is it?

IMPS is 24*7*365 Days Anywhere, Anytime, Service For Person to Person and Person to merchant Payment Service.
IMPS Is working based on MMID a 7 DIGIT Unique Code generated by the bank for you to Protect your Bank Account informations.

Requirements to Use IMPS Facility

Following are the Requirements

  • You and Money Receiver should have a Bank Account.
  • You need a Mobile to Send Money using IMPS.
  • You and Money Receiver should have MMID Code.
  • MMID Code Generation Is simple and is Explained in this blog ICICI IMPS
  • For State Bank MMID is generated by MMID SBI to 9223440000
  • MMID Documentation PDF

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