Interbank Mobile Payment Service (IMPS) helps you to send or receive money instantly using your federal bank account and your mobile number along with a unique 7 digit MMID (Mobile Money Identifier). It is an instant 24x7 interbank electronic fund transfer service through mobile phones.
For Federal Bank customers, MMID will be "9049" + last 3 digits of the account number.
Key Features
- Instant Interbank fund transfers
- 24x7 availability
- Confirmation SMS on debit and credit
- Saves time and cost
- Simple and easy to use
- Safe and secure
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How to send Money?
- Register for mobile banking with your branch to get your MMID and MPIN
- Download and activate the mobile banking application on your mobile
- Initiate the IMPS transaction using beneficiary mobile number and beneficiary MMID
- Check the SMS confirmation for money sent
- You can even transfer funds through SMS
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How to receive money?
- Register your mobile number for your account with the bank
- Get your MMID from your bank
- Share your mobile number and MMID with the sender
- Ask the sender to send money
- Check the SMS confirmation for the money received
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Fund Transfer by SMS
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Fund Transfer by Mobile Banking
- Now you can transfer up to Rs 50000/- per day using the Fedmobile application using your User ID and MPIN and Chose the option “Instant IMPS” under “Fund Transfer”.
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Fund Transfer via FedNet
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Take a look at the member bank's IMPS page, provided at the National Payments Corporation of India website. For further details, write to us at mobilesupport@federalbank.co.in or get in touch with our Contact Center.