THE GANDHINAGAR URBAN CO-OP BANK LTD Offers IMPS services to the customers where customers have to register one time for the service and shall in turn receive a unique MMID and MPIN to receive money from any person who have his/her MMID or a internet banking account or Mobile banking facility.

Services Offered under IMPS
1. P2P – IMPS offer an instant,24*7 interbank electronic fund transfer service capable of processing person to person, person to account and person to merchant remittances via mobile, internet and atms. It is a multichannel and multidimensional platform that make the payments possible within fraction of seconds with all the standards and integrity maintained for security required for even high worth transactions.

Sender & Receiver
– Have to register for Mobile Banking & get a unique ID called “MMID”
– Generation of MMID is a One-time process.
– Remitter (Sender) transfer funds to beneficiary (Receiver) using Mobile no. & 7digit MMID of beneficiary.
2. P2A – is possible using Beneficiary account number and IFS code as well, in addition to Beneficiary mobile number and MMID.

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