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.
The facility is available to all registered users of bank Anywhere Personal having transaction rights on one or more accounts.
You can make intra bank as well as interbank payments.
2 Lakhs amount maximum limit per transactions. You can even transfer ₹ 1 only with IMPS.