THE RANDER PEOPLES 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.

IMPS is an innovative real time payment service that is available round the clock. This service is offered by National Payments Corporation of India (NPCI) that empowers customers to transfer money instantly through banks.

o Instant
o Available 24 x7 (functional even on holidays)
o Safe and secure, easily accessible and cost effective
o Debit & Credit Confirmation by SMS

Funds Transfer and Remittances
1. Sending Money
– Using Mobile number & MMID (P2P)
– Using Account number & IFS Code (P2A)
2. Receiving Money
– Using Mobile number & MMID (P2P)
– Using Account number & IFS Code (P2A)

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.

What Specialty

Keep Your Business Safe & Ensure High Availability.

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Expert People

Meet Our Dedicated Team

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Brooklyn Simmons

Finance Advisor

Jenny Wilson

Business Eng.

Ronald Richards

Marketing

Marvin McKinney

Developer
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