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Axis Bank IMPS Charges

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About Axis Bank IMPSIt is an instant interbank electronic fund transfer service
Axis Bank IMPS TimingsAvailable 24x7, 365 days
Axis Bank IMPS Limit (Minimum)Re. 1
Axis Bank IMPS Limit (Maximum)Rs. 2 Lakh
Axis Bank IMPS Charges (outward)
  • Upto Rs.1000 - Rs. 2.50 per transaction
  • Rs. 1,001 to Rs. 1,00,000 - Rs. 5 per transaction
  • Rs. 1,00,001 to Rs. 2,00,000 - Rs. 15 per transaction
Axis Bank IMPS Transfer Modes
  • Using Mobile number & MMID (P2P)
  • Using Account number & IFSC Code (P2A)

How to Register the beneficiary using Axis Mobile App?

  1. Login to Axis Mobile using MPIN
  2. Click on Fund Transfer -> Add Payee -> Other Bank Payee
  3. Enter the account number and IFSC Code of the receiver's account number and click on "Add"
  4. Verify the details and click on "Confirm"
  5. Enter mPIN to authenticate
  6. Enter 8 digit activation code received as SMS on your mobile

How to Send Money through Axis bank branches?

  • Request Axis bank branch staff for "Application for NEFT/RTGS/IMPS"
  • Fill remitter, beneficiary and fund transfer details alongwith signature and cheque (if fund transfer is against cheque)
  • Submit the form along with the cheque to branch staff
  • Branch staff will execute the transaction and provide acknowledgement to you

How to Register the beneficiary using Axis Internet Banking?

  1. Login to Axis Bank Internet Banking using User ID and password
  2. Click on "Payments" -> "Transfer Funds" option
  3. Select the "Add New Payee" option available under Transfer Funds -> Other Bank Accounts
  4. Enter the Beneficiary Name, Beneficiary Account Number and IFSC Code
  5. Agree to terms and conditions and click on "Submit".
  6. Verify the beneficiary details and activate the beneficiary by entering the "NETSECURE Code" received as an SMS on your mobile number

How to Send Money using Axis Internet Banking?

  1. Login to Axis Bank Internet Banking using User ID and password
  2. Click on "Transfer Funds" option
  3. Click on "Other Bank Accounts"
  4. Select beneficiary name from the list of payees available and click on "Begin Payment"
  5. Select the account to be debited, enter the amount and remarks
  6. To transfer funds using IMPS, select "IMPS" and click on "Proceed"
  7. Verify transaction details and agree to terms and conditions by checking on the box
  8. Authenticate the transaction by entering NETSECURE Code received as an SMS on your mobile phone
  9. The fund transfer request will be processed when you click on "Confirm"

IMPS Vs NEFT

IMPS Vs NEFT

IMPS Vs RTGS

IMPS Vs RTGS

How to Register the beneficiary using Mobile Number and MMID?

  1. Login to Axis Mobile by entering your MPIN
  2. Click on Transfer - Mobile Beneficiary (P2P) - Add
  3. Enter the mobile number and MMID of the receiver

How to Send Money using Mobile Number and MMID?

  1. Login to Axis Mobile by entering your MPIN
  2. Click on Transfer - Mobile Beneficiary (P2P) - Select Beneficiary Name - Enter the amount

How to Receive Money using Mobile Number and MMID?

  • Register for SMS Banking with Axis Bank ( To know more about SMS Banking Click hereto know more about SMS Banking)
  • Inform the sender his/her registered mobile number and MMID
  • To know MMID
  • SMS MMID to 5676782 to receive your MMID
  • MMID is unique to each bank account

Merits of Axis Bank IMPS

  • Robust & real time fund transfer
  • Available 24x7x365
  • Secure and cost-effective

Demerits of Axis Bank IMPS

  • Cap on maximum transfer amount: Only upto Rs. 2 lakh can be transferred through IMPS
  • Funds can be transferred to the new beneficiary only after its activation

Which Banks are Offering IMPS?

Bank NameMobile No. & MMIDAccount No. & IFS CodeInternetBranchMobileATM
Abhinandan Urban Co.op. Bank LtdLiveLiveLiveLive
Abhyudaya Co Operative BankLiveLiveLiveLive
Adarniya Pd Patil BankLiveLive
Adarsh Co Operative BankLiveLiveLive
Adarsh Mahila Nagari Sahakari Bank Ltd.,aurangabadLiveLive
Aditya Birla Idea Payments Bank Ltd.LiveLive
Ahmedabad District Cooperative BankLiveLiveLive
Ahmednagar Merchant's Co Op. Bank Ltd.LiveLiveLiveLive
Ahmednagar Shahar Sahakari Bank MaryaditLiveLive
Airtel Payments Bank Ltd.LiveLive
Ajantha Urban Co Op Bank LtdLiveLive
Ajara Urban Cooperative Bank LtdLiveLiveLive
Akhand Anand Co Op Bank Ltd(icici)LiveLive
Akola District Central Cooperative Bank LtdLiveLive
Akola Janata Commercial Co Operative Bank LtdLiveLive
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ... Next

FAQs

No. The customers cannot withdraw and / or deposit money using IMPS.

There are no inward IMPS charges. For outward IMPS, Rs. 2.50 per transaction upto Rs.1000, Rs. 5 per transaction for Rs. 1,000 to Rs. 1,00,000 & Rs. 15 per transaction for Rs. 1,00,000 to Rs. 2,00,000. GST of 18% will be applicable on all these charges.

Yes, the customer should have sufficient account balance to initiate a fund transfer using IMPS.

IMPS transactions can be sent and received 24X7, 365 days, including on Sundays & bank holidays.

The beneficiary should have his mobile number registered with the bank where he has his account and wants to receive the credit.

The beneficiary should have his mobile number registered with the bank where he has his account and he should also have a valid MMID provided by the bank.

You can lodge IMPS complaint with your bank.

Yes, every Axis Bank account has its own separate MMID.

 

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