Here are the steps to transfer funds using IMPS mode and through Kotak Mahindra Bank netbanking: Login into kotak Bank netbanking account and click on Transfers and Payments option Click on Add / Manage Beneficiaries and add beneficiary details Click Add Transfer Type Select the IMPS transfer type and enter the required details Verify the details and click on Confirm Activation code will be sent to the preferred mobile number Type the code and the beneficiary gets activated for transfer After the beneficiary is added just select the beneficiary and the payment mode as IMPS and go ahead with fund transfer.