What Is An IMPS Reference Number and How To Track It Online?

Digital payments have seamlessly integrated into our daily lives, offering a range of convenient methods to transfer funds to friends, family, or merchants. Immediate Payment Service (IMPS) is one such method, providing instant and secure fund transfers. Each IMPS transaction generates a unique IMPS Reference Number, which is crucial for tracking your transaction’s status. Let’s delve into the process of tracking your IMPS reference number online.

An IMPS Reference Number is issued upon completing an IMPS transaction. This unique identifier, composed of a combination of letters and numbers, allows you to monitor and track your transaction's status. The reference number serves as a tracking code, facilitating easy retrieval and verification of your transaction details.

The IMPS Reference Number holds significant importance for several reasons:

• Proof of Confirmation: It serves as evidence that your transaction has been successfully completed and the funds have been credited to the recipient’s account. This number can be used as proof in case of any future queries.
• Dispute Resolution: If any issues or discrepancies arise, you can use the reference number when contacting customer support to help investigate and resolve the problem.
• Transaction Tracking: The reference number enables you to track the status of your IMPS transactions, allowing you to access detailed updates about specific transfers.

Immediate Payment Service (IMPS) is a quick and secure method for transferring funds between bank accounts. It allows you to send money instantly using various channels, including:

• Mobile Banking
• Internet Banking
• ATMs
• Bank Branches
• SMS Services

The availability of these diverse channels makes IMPS a highly convenient and popular choice for immediate fund transfers.

You can easily track your IMPS transactions using either Internet Banking or Mobile Banking. Here’s a step-by-step guide for each method:

Tracking IMPS Transactions via Internet Banking

• Step 1: Visit the HDFC Bank Internet Banking portal.
• Step 2: Log in to your account using your credentials.
• Step 3: Select the ‘Funds Transfer’ option.
• Step 4: Click ‘View IMPS Funds Transfer’ in the Enquire section.
• Step 5: Enter the Reference Number of the transaction you wish to track.
• Step 6: Submit the request to view the transaction details and status on the screen.
   

Tracking IMPS Transactions via Mobile Banking

• Step 1: Open the HDFC Mobile Banking app and log in.
• Step 2: Tap on the ‘Money Transfer’ tab.
• Step 3: Go to ‘History’ to view your list of transactions.
• Step 4: Select the transaction and tap ‘Status’ to view its details.

These steps will help you track and review the status of your IMPS transactions efficiently.

The National Payments Corporation of India (NPCI) sets the guidelines for IMPS (Immediate Payment Service) fund transfers, with limits established by the central bank to ensure transaction safety and security. Here are the key limits:

• Using Account Numbers: You can transfer up to ₹5,00,000 per transaction. For third-party transactions, the daily limit varies based on the TPT (Third Party Transfer) limits set by HDFC Bank.
• Using MMID: The maximum permissible amount for IMPS transfers using MMID is ₹5,000 per day, applicable through both NetBanking and Mobile Banking channels.

If your IMPS transaction fails or you cannot check your transaction's status, you need to wait for 24 to 48 hours for the funds to be reversed to your account or credited to the recipient's account. If you do not receive any transaction updates after this timeframe, please contact us at our toll-free number 1800 1600 / 1800 2600 or send us a written inquiry.

You will need to provide the following details:

• Transaction Reference Number.
• Amount of transaction.
• Date of transaction.
• Beneficiary bank name

While the IMPS Reference Number helps users in various aspects, ensuring that it ends up in the right hands is essential. Treat your reference number as sensitive information and refrain from sharing it with anyone other than the bank's authorised representatives or the beneficiary.

Get onboard with HDFC Bank by applying for a Saving/Current Account and redefine your banking experience.

*Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances