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IMPS on Binance

Our rating
4.2
Offered in
1 country
Type
Domestic bank rail
Rail reviewed
2026-08-18
Review updated
2026-08-12

Yes. Binance takes IMPS in India. Credit is immediate and the service runs 24 hours a day, every day of the year, weekends and bank holidays included. By reach it is 18th of the 38 rails on our record for Binance; Credit or debit card is offered in more countries.

What IMPS is

IMPS, the Immediate Payment Service, is India's round the clock interbank transfer rail. It is run by the National Payments Corporation of India (NPCI) and reaches customers through their own bank's app, net banking, ATMs and branches rather than through any NPCI product of its own. A transfer moves rupees from one Indian bank account to another using the account number and IFSC code, or a mobile number and MMID. Banks offer it alongside NEFT and UPI.

Speed
Credit is immediate and the service runs 24 hours a day, every day of the year, weekends and bank holidays included.
Cost of the rail
The scheme publishes no consumer price, so you pay whatever your own bank charges for an outward IMPS transfer, normally a small flat amount by value slab plus tax rather than a percentage.
Limits
The per transaction ceiling is 5 lakh rupees for all channels except SMS and IVR, and your bank may apply a lower daily cap of its own.

Every exchange that takes IMPS

Where Binance offers IMPS

Each country opens the Binance page for that market, with its rank there and every rail it takes. The number is Binance's rank in that country's guide.

Asia (1)

What IMPS costs on Binance

SEPA and many local bank transfer methods are free or low cost; card deposits carry a processing fee.

Other ways to pay on Binance

37 other rails at least one country we rank Binance in uses, widest reach first.

Frequently asked questions

Does Binance accept IMPS?

Yes, in India. By reach it is 18th of the 38 rails on our record for Binance; Credit or debit card is offered in more countries. Support is decided market by market, so the country pages linked here are the exact list.

In which countries can I use IMPS on Binance?

India, from our country guides reviewed between 2026-08-23 and 2026-08-23.

How long does a IMPS deposit take on Binance?

Credit is immediate and the service runs 24 hours a day, every day of the year, weekends and bank holidays included. That describes the rail itself; Binance may hold a first deposit for longer while it verifies your account.

What does IMPS cost on Binance?

The scheme publishes no consumer price, so you pay whatever your own bank charges for an outward IMPS transfer, normally a small flat amount by value slab plus tax rather than a percentage. On Binance's side: SEPA and many local bank transfer methods are free or low cost; card deposits carry a processing fee.

Are there limits on IMPS deposits?

The per transaction ceiling is 5 lakh rupees for all channels except SMS and IVR, and your bank may apply a lower daily cap of its own. Any limit Binance applies on top is set per account tier and shown inside the platform.

Sources