What beneficiary details the customer requires to effect an IMPS remittance from Person to Account?

The beneficiary details required are:
  • Name of the beneficiary
  • Account Number of the beneficiary
  • IFS Code of the beneficiary bank

Please note that you have to add such beneficiary using Interbank Beneficiary option given in the Profile section.

What is New PAN CARD? Decoding Sample PAN Card Number

PAN - Permanent Account Number, is a unique 10 digits alphanumerical number issued by Income tax Authority of India. This Pan number is a must for any individual who filing a TAX.

What beneficiary details the customer requires to effect an IMPS remittance from Person to Person?

Following beneficiary details are required:
  • MMID of the beneficiary,
  • Mobile number of the beneficiary
  • Name of the beneficiary

How I can remit money using IMPS through OnlineSBI?

  1. Log on to 'www.onlinesbi.com'
  2. Visit 'Profile' section and click on Manage Beneficiary.
  3. Select 'IMPS Beneficiary'

Is IMPS facility through internet banking to all customers?

The facility is available to all registered users of internet banking having transaction rights on one or more accounts.

What is MMID? How it helps in digital payments?

Mobile Money Identification Number (MMID) is a seven digit number of which the first four digits are the unique identification number of the bank offering IMPS.

What is IMPS? how it is diffrent form other digital payments?

Immediate Payment Service (IMPS) is an instant interbank electronic fund transfer service through mobile phones. It is also being extended through other channels such as ATM, Internet Banking, etc.

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