We are pleased to inform that the Bank has launched IMPS services for the customers of the Bank with effect from 2nd March, 2023.
OUTWARD IMPS TRANSACTIONS
At present, the customers willing to send OUTWARD IMPS will be required to visit the branch to fill up the application form for IMPS and will tender Debit Authority / cheque to the branch.
To start with, the maximum limit of the amount for Outward IMPS has been fixed at Rs. 25000/-(Rs. Twenty Five Thousand Only) per account per day with the restrictions of a maximum of Four (4) transactions per day.
A fee of Rs.5/-(Rs. Five Only) + GST, as applicable, will be charged by the Bank from the customer for every outward IMPS transaction.
INWARD IMPS TRANSACTIONS
All inward IMPS Transactions will be free of any charge.
It should be clearly noted that Account Numbers of proper 12 digits will only be applicable for INWARD IMPS and the Account Numbers in any other form shall be returned with the marks INVALID ACCOUNT NUMBER”.
