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Can I check IMPS transaction status?
You can log into your mobile banking account or net banking account to check the status of your IMPS transaction. IMPS Reference Number Tracking can be easily done by using the unique IMPS reference number which is provided by the bank after every successful IMPS transaction.
When imps amount will be credited?
When you initiate an IMPS transfer, the money is immediately debited from your account and credited to the beneficiary. Some banks may allow you to transfer up to Rs. 2 lakh by availing IMPS at any time of the day while others will have a lower limit for IMPS transactions carried after the working hours.
Why was my fund transfer through IMPS timed out?
We have checked our records and confirm that your fund transfer dated 01/09/2020, reference number [protected] for amount Rs. 18, 000.00 through IMPS was timed out due to technical issue at the Beneficiary bank end. The same will be credited in the Beneficiary account or refunded back to your account within 3-4 working days.
Why is fundfund debited but not credited to beneficiary’s account?
Fund is debited but not credit into beneficiary – Don’t worry! Just relax your money is safe. In IMPS (Intermediate Payment System) money debited from your account but not credited in reciever’s account it might be some technical issue with beneficiary bank with.
What is the time limit for reversing an IMPS transaction?
As per the circular, in case of failure of an IMPS transaction where customer account is debited but the beneficiary account is not credited, auto-reversal must be done in T+1 day, where T refers to the transaction date.
Why is money debited from my account but not credited to recipient?
In IMPS (Intermediate Payment System) money debited from your account but not credited in reciever’s account it might be some technical issue with beneficiary bank with. In case your transaction is under process it will either credit in beneficiary account or refund into your account within banking time schedule.