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Old December 1st, 2015, 09:11 AM
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Default how to transfer money from punjab national bank

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  #2  
Old January 18th, 2018, 02:35 PM
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Default Re: how to transfer money from punjab national bank

Can you tell me the features for Transfer Money through IMPS (Immediate Payment Service) in PNB (Punjab National Bank) as I want to start the facility with my account?
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Old January 18th, 2018, 02:35 PM
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Default Re: how to transfer money from punjab national bank

Anyone with a bank account at Punjab National Bank is eligible to use the IMPS (Immediate Payment Service) facility. If one wishes to transfer funds via internet banking, then one must have an online banking account with the bank. If one would prefer to use mobile banking, then need to have authorisation on the Punjab National Bank app.

PNB Immediate Payment Service
• PNB IMPS (Immediate Payment Service) facilitates instant Inter Bank fund transfer on 24X7 basis.
• Funds can be transferred using MMID & Mobile Number or Account Number & IFSC.
• Service available 24x7, throughout the year including Sundays and Bank holidays.
• The fund transfer through IMPS can be done using -
• INTERNET BANKING
• MOBILE BANKING
• ATM
• Through Branch

Features of PNB IMPS
It is an easy method of transferring funds and making payment instantly through bank account. The features of IMPS include:
• Use of MMID and mobile number, or bank account number and IFSC code.
• Transaction limit of Rs.50, 000 per day.
• Confirmation alerts sent to both remitter and recipient.

Benefits of Using PNB IMPS
IMPS come with a number of benefits to users. Some of the benefits include:
• User friendly service.
• Immediate transfer of funds to the beneficiary’s account.
• Can be used after banking hours.
• Can be used even on bank holidays.
• 24x7 accesses to IMPS.
• Various avenues such as internet, mobile and ATM to carry out transactions.
• Any customer with a bank account can use IMPS.
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