Immediate Payments (IMPS)
Now you can instantly transfer funds online safely from your bank account anytime with ease.
Be it an article you were reading, a product you were exploring or a journey you left unfinished, starting from where you left off is simpler than you can imagine. Just register for ‘Everything Me’ using any of your social media accounts and you are all set.
Please note, this is a soft login and no personal financial data will be saved here for security reasons.
You have logged in to Everything Me successfully
You have logged out from Everything Me successfully
Experience instant money transfer online with Immediate Payment Service (IMPS). This service is available 24x7, through Net Banking and Mobile Banking.
Send and receive money instantly
Available 24 X 7,
including Sunday and bank holidays
Instant confirmation to sender and receiver
Debit and credit confirmation to sender and receiver
Select your preferred method.
With this 24x7 facility, money can be transferred to accounts maintained with other bank participating in IMPS almost anytime, even on bank holidays.Steps to add a beneficiary:
This facility is available only through Mobile Banking. Steps to make a Merchant Payment using IMPS:
All resident current and savings account holders of the Kotak Mahindra Bank who are registered for Net Banking or Mobile Banking or having a valid MMID (Mobile Money Identifier) are eligible for this service
Payment Reference is a free-text field of 50-characters that is required to be filled as per merchant instructions. For e.g. to make a LIC payment, customer needs to enter LIC mobile number, LIC MMID (as published by LIC), amount of transaction and policy number (in payment reference field).
For list of all services available for Customer Initiated Payments, click here.
Merchant Initiated Payment: The transaction is initiated through a Merchant application (such as Merchant website, WAP site, IVR, mobile application). The typical steps to follow for making transaction are as follows:
The transaction status is displayed on the screen. For list of all services available for Merchant Initiated Payments, click here.
The customer has the option of generating OTP through three channels
The transaction limit for OTP generated through mobile banking application, SMS banking and contact center is Rs. 50,000/- per transaction.Receive Money using IMPS:
Please share your account number and IFSC or mobile number and MMID with the sender to receive money through IMPS.
Select your preferred method.
Immediate Payment Service (IMPS) is an instant, 24X7 electronic funds transfer service.
IMPS can be accessed through Kotak Mahindra Bank's Net Banking and Mobile Banking.
All resident current and savings account holders of the bank who are registered for Net Banking or Mobile Banking are eligible for this service.
MMID stands for Mobile Money Identifier. MMID is a 7 digit code issued by participating banks to their customers for availing IMPS.