IMPS (Immediate Payment Service) is one of the fastest ways to send money in India. It works 24/7, even on holidays, and gives you instant deposits and withdrawals with most betting sites. This guide lists the best IMPS betting sites that accept Indian players and support quick transactions through banks like HDFC, ICICI, and SBI.
Best IMPS Betting Sites in India for May 2025
Each site was picked based on speed, safety, and how well it supports IMPS deposits and withdrawals. If you’re looking for a betting experience that doesn’t rely on cards or waiting for bank hours, IMPS is the way to go.
Here’s a list of the best betting sites in India for using IMPS:
Best IMPS Betting Apps in India
Most punters in India prefer to bet on mobile, so apps that work well with IMPS are necessary. We’ve tested the best mobile betting apps in India that support fast IMPS payments. These apps are all easy to use, made for Indian players, and backed by our experts. Many of them support instant deposits and withdrawals with banks like Axis, Kotak, and Union Bank. These apps stand out for their easy setup, low fees, and fast payouts.
If you’re betting from your phone, these are the apps that make IMPS payments simple:
IMPS Payment Methods in India
IMPS is connected to most major banks in India. It lets punters move money in real-time using mobile apps, internet banking, or SMS. You don’t need to wait for bank hours; transfers are fast and safe.
Many betting sites and the top no deposit casinos now support IMPS through trusted banks that offer low fees and high limits. Below are five top banks that allow IMPS betting payment methods.
Bank | Deposit Limits | Withdrawal Limits | Fees |
HDFC Bank | ₹5,00,000 | ₹5,00,000 | Free or ₹5 to ₹15 per transaction |
ICICI Bank | ₹5,00,000
|
₹5,00,000
|
Free or ₹5 to ₹25 per transaction |
State Bank of India | ₹5,00,000 | ₹25,00,000 daily cap | No charges online |
Axis Bank | ₹5,00,000 | ₹5,00,000 | Free or ₹5 to ₹15 per transaction |
Kotak Mahindra Bank | ₹2,00,000 | ₹5,00,000 | Free or ₹5 to ₹25 per transaction |
Cryptocurrency Methods that Accept IMPS
Some betting platforms in India allow users to mix crypto wallets with IMPS banking. This gives punters more control over how they move funds. You can deposit crypto, sell it for INR, and then withdraw through IMPS to your bank.
The most popular crypto exchanges like CoinDCX, CoinSwitch, and ZebPay support these transfers.
Here are the standard crypto options that work well with IMPS:
- Bitcoin (BTC)
- Ethereum (ETH)
- Tether (USDT)
- Ripple (XRP)
- Litecoin (LTC)
- Binance Coin (BNB)
- Dogecoin (DOGE)
- Polygon (MATIC)
- Solana (SOL)
How to Connect Your IMPS Account to Online Banks
Connecting your IMPS account to a betting site usually takes just a few minutes. Most platforms accept payments from top banks, so you can send and receive money instantly once your account is linked.
Here’s how to do it:
- Log in to your betting account.
- Go to the “Cashier” or “Payment” section.
- Choose “Bank Transfer” or “IMPS” as the method.
- Enter your bank account number and IFSC code.
- Confirm the details and save the account.
- Make a small deposit to test the connection.
- You’re ready to bet with IMPS.
How to Create an IMPS Account in India
If you already have a bank account and mobile number, you’re close to creating an IMPS account in India. Most banks offer IMPS by default on their mobile or internet banking apps.
Just follow these steps to get started:
- Step 1: Open a savings account at any IMPS-supported bank.
- Step 2: Register your mobile number with the bank.
- Step 3: Download your bank’s mobile app or log in to internet banking.
- Step 4: Set up MPIN or password.
- Step 5: Generate your MMID (Mobile Money Identifier) through the app.
- Step 6: Start sending and receiving money using IMPS.
Comparing IMPS to Other Payment Platforms
In India, punters might compare IMPS to other options like UPI, NEFT, and RTGS. Each one has its pros, depending on what you’re using it for. We’ve seen what works the best on most betting sites, and we will get into why below.
IMPS vs. UPI
IMPS is better for betting because more bookmakers accept it, and it works well for deposits and withdrawals. UPI is great for fast peer-to-peer payments, but isn’t always supported for cashing out. Both are secure and instant, but IMPS is just more flexible when it comes to larger amounts.
Payment System | Deposit Limits | Withdrawal Limits | Fees | Banks |
IMPS | ₹5,00,000 | ₹5,00,000 | ₹0 to ₹25 | SBI, ICICI, HDFC, Axis, Kotak |
UPI | ₹1,00,000 per transaction | Often not supported | Free | SBI, Paytm Payments Bank, Axis, HDFC, Yes Bank |
IMPS vs. NEFT
We prefer IMPS over NEFT for betting because it’s faster and works 24/7. NEFT is suitable for safe bank-to-bank transfers but isn’t instant and runs in batches. IMPS is better when you want your money to move right away.
Payment System | Deposit Limits | Withdrawal Limits | Fees | Banks |
IMPS | ₹5,00,000 | ₹5,00,000 | ₹0 to ₹25 | SBI, ICICI, HDFC, Axis, Kotak |
NEFT | No RBI limit | ₹5,00,000 | ₹0 to₹25 | SBI, ICICI, HDFC, Bank of Baroda, Canara Bank |
IMPS vs. RTGS
To us, IMPS is ideal for punters because it supports smaller and mid-size payments with no delays. RTGS is meant for high-value transfers, so if that’s how you play, it will likely be better for you. IMPS also works anytime, and RTGS is only active during bank hours.
Payment System | Deposit Limits | Withdrawal Limits | Fees | Banks |
IMPS | ₹5,00,000 | ₹5,00,000 | ₹0 to ₹25 | SBI, ICICI, HDFC, Axis, Kotak |
RTGS | Starts at ₹2,00,000 (no max limit) | Starts from ₹2,00,000 | ₹25 to ₹50 | SBI, ICICI, HDFC, Bank of Baroda, Union Bank |
IMPS Transaction Options in India
IMPS allows punters in India access to multiple ways to send and receive money. It isn’t limited to just one method, which is why it’s so popular for betting.
You can transfer funds using a mobile number, account number, or even Aadhaar. It works on most platforms, such as mobile banking apps, internet banking, ATMs, and SMS.
The main IMPS transaction options are:
- Remitter: The person sending the money
- Beneficiary: The person receiving the money
- Mobile Number + MMID: Used for mobile-based transfers
- Account Number + IFSC: Used for direct bank transfers
- Aadhaar Number: Used for Aadhaar-based transfers
- Bank Branch: For in-person IMPS requests
- ATM: Some ATMs support IMPS options
- SMS or USSD: Used by some banks for basic phones
IMPS Customer Support Options
Every major bank in India offers customer support for IMPS through their apps, helplines, and branch visits. You can also track your transaction using a reference number. If a payment fails, most banks return the money within a few hours. The Reserve Bank of India also has a complaint system if your issue isn’t solved in time.
For fast help, punters should contact their bank’s IMPS Customer Facilitation Centre. Some banks also let you raise tickets directly through mobile banking.
IMPS Advantages and Disadvantages in India
IMPS is one of India’s most-used payment systems, and it’s easy to see why. It works fast, doesn’t stop on weekends, and supports most major banks. That makes it perfect for betting sites where timing really matters.
But like any service, IMPS has its ups and downs. Some punters may face issues, primarily if their bank doesn’t support all IMPS features.
Below, we’ve listed the pros and cons to help you decide if it fits your betting needs.
Advantages of IMPS
- Works 24/7
- Instant deposits and withdrawals
- Accepted by most Indian banks and top betting sites
Disadvantages of IMPS
- Not all betting sites support IMPS for withdrawals
- Some banks may charge small fees
- Daily limits might be lower for new accounts
Should You Use IMPS in India?
IMPS works lightning-fast, even during holidays, and connects with all the big banks, such as SBI, ICICI, and HDFC. You don’t need anything fancy to use it; just your account number, IFSC, or mobile number with MMID.
We also have to recommend IMPS because it’s so trusted. Whether you’re placing bets on cricket or cashing out winnings, IMPS helps you move money without any trouble. It’s supported by the RBI and NPCI, so you know your money isn’t going anywhere dodgy.
For betting in India, IMPS transactions make sense.
IMPS Betting Sites India Frequently Asked Questions
Now let’s answer some of the most common questions punters ask about using IMPS on betting sites in India. These answers are based on what our experts found from real banks and platforms that support IMPS today.
What is IMPS?
IMPS is a real-time payment system in India that lets you send or receive money instantly.
Is IMPS Safe to use in India on Bookmaker Sites?
Yes, IMPS is safe to use on licensed betting sites. It’s backed by the RBI and uses OTPs and bank-level security.
Do I need an MMID Number to Transfer my IMPS Funds to my Betting Account?
No, you don’t need an MMID if you’re using an account number and IFSC. MMID is only required for mobile number-based transfers.
Is there a Daily Limit for IMPS Deposits and Withdrawals for Betting?
Yes, most banks allow up to ₹5,00,000 per IMPS transaction. Some may have daily caps.
Do Bookmakers Charge IMPS Withdrawal Fees?
Most betting sites don’t charge extra for IMPS withdrawals, but your bank might.