Is money deducted with IMPS error RET?

Axis Bank's list doesn't say at which step this code is raised. Most failed IMPS payments are not debited; check your statement. If you were debited and the payment failed, the money is due back by the next working day (T+1).

IMPS error codes / RET

IMPS response code

IMPS error RET: RET (no description given)

Bank descriptionRET FAILED

Source: Axis Bank, IMPS Response Codes for H2H/API. These are IMPS response codes as one bank publishes them; other banks use the same codes but may word them differently.

What it means

Axis Bank's list shows RET with no description beyond the code itself, and status 'Failed'. It is not explained further.

Not fully documented: The meaning of RET isn't given in the source.

Was money deducted?

Axis Bank's list doesn't say at which step this code is raised. Most failed IMPS payments are not debited; check your statement.

When does the money come back?

If you were debited and the payment failed, the money is due back by the next working day (T+1).

Which side caused it?

Not stated in the source.

Bank guidance on retrying

Reinitiate with same CRN

If money left your account. Under RBI's turnaround-time rules (circular DPSS.CO.PD No.629/02.01.014/2019-20, 20 September 2019), if your account is debited but the receiver isn't credited on an IMPS transfer, the receiver's bank has until the next working day (T+1) to credit it or send the money back. After that the bank owes you ₹100 for every day of delay.

What you should do

Treat it as a failed transfer. Check your statement; if you were debited, the money comes back. Ask your bank what RET means on your transfer.

If you run payouts or a bank integration

Ask your sponsor bank what RET stands for in its system before deciding on a retry.

IMPS error RET kya hai?

IMPS RET ek fail status hai; iska poora matlab bank se poochhein.

IMPS in brief

IMPS moves money between banks instantly, at any hour, on any day. Transfers go either by account number and IFSC, or by mobile number and MMID. The network limit is ₹5 lakh per transaction, though your bank can set a lower one, which is why codes like 04 and 22 exist.

Checking what happened

Open the transaction in your bank app or net banking and note its RRN, the 12-digit reference number also sent by SMS. The receiver's bank can trace the transfer with it, and you'll need it for any complaint. If the status says pending or deemed approved, wait for the final status before sending the money again.

If it still isn't sorted

Raise a complaint inside your banking app. Quote the RRN from your statement or SMS.
If the app doesn't resolve it, contact your bank's grievance desk with the same reference.
If your bank hasn't replied within 30 days, or you're not happy with the reply, complain to the RBI Ombudsman at cms.rbi.org.in. It's free.

See all 87 IMPS codes →