Day: December 30, 2018

Instant Money Transfer: Charges Levied By Banks For Immediate Payment Service (IMPS)

December 30, 2018

Immediate Payment Service (IMPS), an instant interbank electronic fund transfer facility, allows the customer to transfer funds on a 24×7 basis and 365 days of the year. The maximum amount that can be transferred via IMPS is Rs. 2 lakh. This facility is available only via internet banking. Most banks in the country offer the […]

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