The beneficiary account is credited immediately when a fund transfer request is made from your side.
How to transfer imps in sbi. The first thing you have to do is write down your IMPS Reference number somewhere. SBI customers can transfer money through IMPS by using IFSC or MMID. Once your beneficiary has been added you can follow these steps to make the transfer.
The best feature of IMPS is that one can send and receive the money using mobile number also with the help of 7 digit MMID number. By using the Mobile Application based service Open the Mobile Banking Application in your Smartphone. Timings for the activation of beneficiary details added by a user The SBI account holders who wish to use SBI IMPS services can add and approve only one beneficiary in a day.
Choose PaymentTransfer and select IMPS fund transfer. 2 Click on Payments Transfer. They will ask your reference number and account number.
B Click on Fund Transfer -- Other Bank Account. Open the SBI Anywhere Personal app. Please select Person to Person if the beneficiary has been added as IMPS Beneficiary or Person to Account if the beneficiary has been added as Interbank Beneficiary.
On the main screen you will find a tab with the label PaymentsTransfers. Opt for Person to Person. Tap on Payments Transfers go to IMPS Funds Transfer and click Funds Transfer Step 3.
1 Log in to the SBI portal by providing username and password. SBI IMPS Service enables you to transfer funds from your SBI account to any SBI or non-SBI account. C Select Debit Account Mode of Transfer as IMPS and Beneficiary Account.