Immediate Payment Service (IMPS) is an instant interbank electronic fund transfer service through mobile phones. It is also being extended through other channels such as ATM, Internet Banking, etc.

Mobile Money Identification Number (MMID) is a seven digit number of which the first four digits are the unique identification number of the bank offering IMPS.

IMPS charges-

The charge for remitting money through IMPS using OnlineSBI is;

Amount Charge
Upto 1000 NIL
RS 1,001 -10,000 2/- per Transaction + Service Tax
RS 10,001 -1,00,000 4/- per Transaction + Service Tax-
RS 1,00,001 -2,00,000 12/- per Transaction + Service Tax-

You can send/receive money using mobile number and an additional 7 digit MMID number.

The benefits are multiple-

No need to register the payee/beneficiary.

Transfer of funds is real time i.e. the credit will hit beneficiarys account almost instantaneously.

Only Mobile Banking customers can remit money under IMPS. However, all customers can receive funds in their accounts using this Service.

If you wish to receive funds through IMPS, please register your mobile number with the Bank and get 7 digit MMID.

For receiving remittance, you will share your mobile number and MMID with the person sending money (remitter).

For obtaining MMID for other accounts, they may visit the Branch and apply for MMID by filling up a form.

You can also generate MMID for all your accounts enable for Mobile Banking Service, through menu option- IMPS- Generate MMID.

Customers not registered for Mobile Banking Service can register their mobile number at SBI ATM to get MMID for the primary account linked to the ATM card:

Swipe your Debit Card > Select Mobile Registration> enter ATM PIN > Select SMS /Secure Code / IMPS > enter your mobile number > Confirm.

Customers not having ATM card / Customers having more than one account, can visit their Branch and apply for MMID, by filling up a form.

7 digit MMID number will be sent to you over SMS on the mobile number used for registration.

Contact-

Toll free number: 1800 11 2211
Toll free number: 1800 425 3800
Toll number: 080-26599990