Yes! Anyone can buy Bitcoin (BTC) with IMPS Bank Transfer through the use of P2P crypto exchange.

IMPS Bank transfer payment system was first launched in 2010. Crypto exchanges started to allow their users to buy crypto through this payment methods approximately at 2017.

Immediate payment service- MPS, is an instant electronic fund transfer between banks. This allows you to transfer funds from any account holder to any other in India at any time. IMPS transfer essentially involves a transmission tool that uses the cellphone. It allows you to transfer funds from one account to another via mobile Banking. This service is available year-round, including during government events. IMPS services is also even during events. It has some minimal amount allowed and is set at 1 rupee, so the minimum amount of Bitcoins you can buy is also set at 0,000000335147599 BTC. Various bank groups allow IMPS transfer, including the alleged banks such as ICICI Bank, and State Bank of India and more. The predetermined breaking point is set by the bank. For example, the State Bank of India only licenses a single recipient on a plantation. And that means you can't send money to more than one recipient via IMPS in one day. With the help of IMPS, money can be transferred up to 2 lakh rupees for each transaction, which means that buyers cannot buy more than 0.066476 Bitcoins with IMPS bank transfer, in the current market rate of 0,000000335147599 BTC to INR. Other banks allows much higher transfers. IMPS is growing very fast and has gained more fame than the NEFT and RTGS. What sets it out is the instant way of completing a transaction at a particular moment in no delay. Unlike RTGS which is considered for colossal sums like over 2 lakh rupees, it also transfers money continuously. however, while NEFT will transfer money on a financial schedule, there is no base breaking point.