what is imt in atm

Instant Money Transfer (IMT) is a domestic service that allows you to send cash to a receiver, who can then make a cardless withdrawal from an ATM of an empanelled bank. The sender initiates the transfer by providing the receiver's mobile number, the amount, and setting a sender's code. The receiver gets an SMS with a unique code and can withdraw the cash from the ATM by entering the mobile number, sender's code, SMS code, and the IMT amount.