The National Payments Corporation of India (NPCI) on March 12, 2026, issued the notification regarding the Enablement of Bulk Payments in IMPS.
The following has been stated namely: -
• National Payments Corporation of India has enabled Bulk Payments in IMPS, allowing one debit transaction to generate multiple real-time credits to beneficiaries.
• Banks can offer this feature subject to NPCI’s IMPS Bulk Payment technical specifications (March 2026) and compliance requirements.
• Each bulk transaction will have a Parent Transaction ID & Parent RRN, while each individual payment will have a Child Transaction ID & Child RRN for tracking.
• A mandatory purpose code ‘89’ must be used for all IMPS Bulk Payment transactions.
• Existing IMPS transaction limits will continue to apply individually to each beneficiary (child transaction).
• Each child transaction is treated as a separate IMPS transaction for settlement, reconciliation, dispute handling, and fees.
• Standard IMPS guidelines, charges, and dispute mechanisms remain applicable, and members must ensure compliance and inform sub-members.
[Notification No. NPCI/2025-26/IMPS/132]
