Is it mandatory to have a mobile banking facility to use IMPS?

No, it is not mandatory to have a mobile banking facility specifically to use IMPS (Immediate Payment Service). While mobile banking offers a convenient and widely used method to access IMPS, there are alternative channels through which you can initiate IMPS transactions.

Here are the various channels through which you can access IMPS:

1. Mobile Banking: Most banks provide mobile banking applications that allow you to access a range of banking services, including IMPS. With mobile banking, you can initiate IMPS transactions directly from your smartphone using the bank's dedicated mobile banking application.

2. Internet Banking: Internet banking, accessible through a web browser on your computer or laptop, also offers IMPS functionality. You can access your bank's internet banking platform and initiate IMPS transactions by logging into your account online.

3. ATM: Some banks provide IMPS functionality through their ATMs. You can visit an ATM and follow the instructions provided on the screen to transfer funds using IMPS. This method may require your debit card and PIN for authentication.

4. Bank Branch: If you prefer traditional banking methods, you can visit your bank branch and initiate an IMPS transaction by filling out the necessary forms or requesting assistance from the bank staff. They will guide you through the process and complete the transaction on your behalf.

It's important to note that the specific channels and services available for IMPS may vary depending on your bank. It's recommended to check with your bank to determine the available channels and the registration process required to access IMPS.

While mobile banking offers a convenient way to access IMPS services anytime and anywhere, alternative channels like internet banking, ATM, and bank branch services ensure that individuals without mobile banking facilities can still utilize IMPS for fund transfers and payments.