Things you should know about IMPS, RTGS and NEFT by Jigar Solanki - 6 year ago | 4584 IMPS is an immediate payment service. It includes internet banking, mobile banking, etc. It is 24X7 and the upper limit varies from bank to bank. But it is around 100000/day. In NEFT the transfer is not immediate. It is done in batches. Read more 0 0