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PNB Bank IMPS Charges

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About PNB IMPSIt is an instant interbank electronic fund transfer service
PNB IMPS TimingsAvailable 24x7, 365 days (including Sunday & Bank Holidays)
PNB IMPS Limit (Minimum)Re. 1
PNB IMPS Limit (Maximum)Rs. 50,000
PNB IMPS Charges (outward)Rs.5/- + GST per IMPS transfer
PNB IMPS Transfer Modes
  • Using Mobile number & MMID (P2P)
  • Using Account number & IFSC Code (P2A)

Eligibility for PNB IMPS

All resident current and savings account holders of the PNB who are registered for Net Banking or Mobile Banking or having a valid MMID (Mobile Money Identifier) are eligible for this service.

PNB IMPS Limit

  • Rs. 50,000 per day
  • Through SMS & NUUP variant: Rs.5000/- per day
  • Through ATMs: Rs.10000/- per day

How to Register for PNB IMPS?

  • For fund transfers through IMPS, one needs to have IFSC & Bank account number (OR) MMID & Mobile number
  • You should have a mobile banking or net banking account
  • You can register for net banking at the time of opening your account or later on
  • You can get your MMID generated by visiting your branch or calling bank customer care or through mobile app

How to Register Beneficiary for IMPS?

  1. Log into PNB NetBanking/MobileBanking using your Customer ID and Password
  2. Click on Funds Transfer tab
  3. Click "Add a Beneficiary"
  4. Select Beneficiary Type 'Transfer to other bank'
  5. Fill in the details(Account No. & IFSC or Mobile No. & MMID)
  6. Click on 'Add' button
  7. Click on 'Confirm' button
  8. Authenticate yourself at the secure access step, and wait for your confirmation message

How to Send Money through PNB Internet Banking using Mobile Number & MMID?

  1. Login to NetBanking
  2. Click on "Funds Transfer" Tab
  3. Click on IMPS Funds transfer using Mobile number, enter the details, and confirm the transaction
  4. You will receive the confirmation SMS for IMPS transaction

IMPS Vs NEFT

IMPS Vs NEFT

IMPS Vs RTGS

IMPS Vs RTGS

How to Send Money through PNB Internet Banking using Account Number & IFSC?

  1. Log into PNB NetBanking using your Customer ID and Password
  2. Click on "Funds Transfer" Tab
  3. Click on IMPS Funds transfer using account number, enter the details, and confirm the transaction.
  4. You will receive the confirmation SMS for IMPS transaction

How to Send Money through Mobile Banking using Mobile Number and MMID?

  1. Open PNB Mobile Banking App
  2. Click on Banking -> IMPS -> IMPS Fund Transfer
  3. Select MMID tab
  4. Enter the mandatory details
  5. Click on Pay Now
  6. Verify the transaction details
  7. Click on Confirm

How to Send Money through Mobile Banking using Account Number and IFSC?

  1. Open PNB Mobile Banking App
  2. Click on Banking -> IMPS -> IMPS Fund Transfer
  3. Select IFSC tab
  4. Enter the mandatory details
  5. Click on Pay Now
  6. Verify the transaction details
  7. Click on Confirm

How to Receive Money using IMPS?

There are following 2 options available for receiving money using IMPS:

  • Option 1:Share your Account number and IFSC with the sender to receive money through IMPS
  • Option 2:Share your Mobile number and MMID with the sender to receive money through IMPS

How to Get the MMID for your Account?

  • Visit your PNB branch personally. You can request for mobile banking registration and get an MMID number for making and receiving payments
  • Log in your PNB Net Banking Account and generate MMID using your PNB mobile banking account as you log in the account
  • Send request for generation of MMID through SMS from your registerred mobile number bank. The MMID for the account will be sent to you via SMS and email alerts
  • Call your PNB Customer Care Centre and get your MMID generated

Merits of PNB IMPS

  • Send money any time of the day
  • Instant confirmation of fund transfer to receiver and sender
  • Funds reach your beneficiary instantly
  • There is very nominal charge for IMPS
  • Safe and secure way to transmit money
  • Easily accessible and cost effective
  • No cap on minimum amount transferred using IMPS
  • Available 24x7, 365 days (functional even on holidays)
  • It can be operated through multiple channels

Demerits of PNB IMPS

  • Funds can be transferred to the new beneficiary only after its activation
  • Daily limit of fund transfer through IMPS is Rs. 50,000/- per day. However, through SMS & NUUP variants, limit is Rs.5,000/- per day and through ATMs limit is Rs.10,000/- per day
  • There is a transaction fee per IMPS fund transfer

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

PNB, I can link more than one account to the same mobile number. However each account number will have different MMID.

On successful completion of the transaction, alerts will be sent on your preferred mobile number and email ID registered with the bank.

Daily limit of fund transfer through IMPS is Rs. 50,000/- per day. However, through SMS & NUUP variants, limit is Rs.5,000/- per day and through ATMs limit is Rs.10,000/- per day

For any reason, if the IMPS transaction is not processed, the money would be credited back to the sender's account instantly. In case the fate of the transaction is not determined immediately, the reversal of funds will happen on the next working day. In case your PNB account is debited and the beneficiary account is not credited, then please contact our 24x7 Customer Care Centre.

Yes. It is mandatory to update your mobile number with your bank.

There are no inward IMPS charges. For outward IMPS, Rs. 5 per transaction is charged. GST of 18% will be applicable on all these charges.

No, after initiating the payment request through IMPS, payment cannot be stopped or cancelled.

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

There are 2 ways:

  • Beneficiary Mobile Number and MMID
  • Beneficiary Account Number and IFSC

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.

PNB does not charge any fees for IMPS fund transfer.

Mobile Money Identification Number (MMID) is a seven digit unique number for an account, out of which the first four digits are the unique identification number of the bank offering IMPS. The MMID can be generated by PNB customers through Mobile banking, Internet banking & ATMs.

Yes, NRI customers can transfer funds from their NRI account to a resident account using IMPS.

At present, the maximum limit for IMPS transactions through iMobile is Rs 10,000 per customer per day.

The funds get credited into the beneficiary's account instantly.

If the status of the transaction is shown as not available/pending, as per NPCI guidelines request you to wait for 2 days for reversal of funds in your account or credit to beneficiary's account. In case of non-receipt of funds after 2 days, please call or write to us with the following details:

  • RRN (Transaction Reference Number)
  • Date of transaction
  • Amount of transaction
  • Remitter Bank Name
  • Beneficiary Bank Name

All resident current and savings account holders of the bank who are registered for Net Banking or Mobile Banking are eligible for this service.

No. You cannot transfer money abroad using IMPS. This facility is available for fund transfers made only in India.

The beneficiary bank sends a confirmation message to the beneficiary customer informing him / her of the credit in the account as per SMS Alert policy.

 

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