IMPS (Immediate Payment Service)
The Guntur Co-Operative Bank offers Immediate Payment Service (IMPS), a unique mobile-based account-to-account fund transfer service for registered bank account holders, in collaboration with the National Payments Corporation of India (NPCI).
Key Objectives:
Instant Fund Transfer: Send and receive money instantly.
24/7 Availability: Available even on holidays.
Multi-channel Access: Available via mobile banking, and ATMs.
Safe and Secure: Transactions are encrypted for safety.
Transaction Limits (Mobile Channel)
Type of Account | Limit / Transaction | Limit / Day | Charges |
|---|---|---|---|
| Savings Account | UPTO Rs. 5,00,000 | UPTO Rs. 10,00,000 | Nil |
| Current Account | UPTO Rs. 5,00,000 | UPTO Rs. 10,00,000 | Nil |