IMPS on CoinSwitch
- Our rating
- 3.9
- Offered in
- 1 country
- Type
- Domestic bank rail
- Rail reviewed
- 2026-08-18
- Review updated
- 2026-08-23
Yes. CoinSwitch 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. Of the 3 rails on our record for CoinSwitch, it is the one offered in the most 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.
Where CoinSwitch offers IMPS
Each country opens the CoinSwitch page for that market, with its rank there and every rail it takes. The number is CoinSwitch's rank in that country's guide.
Asia (1)
IndiaWhat IMPS costs on CoinSwitch
UPI deposits are free, as are standard rupee bank transfers.
Other ways to pay on CoinSwitch
2 other rails at least one country we rank CoinSwitch in uses, widest reach first.
Frequently asked questions
Does CoinSwitch accept IMPS?
Yes, in India. Of the 3 rails on our record for CoinSwitch, it is the one offered in the most 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 CoinSwitch?
India, from our country guides reviewed between 2026-08-23 and 2026-08-23.
How long does a IMPS deposit take on CoinSwitch?
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; CoinSwitch may hold a first deposit for longer while it verifies your account.
What does IMPS cost on CoinSwitch?
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 CoinSwitch's side: UPI deposits are free, as are standard rupee bank transfers.
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 CoinSwitch applies on top is set per account tier and shown inside the platform.