State Bank Of India [SBI] — Imps declined and money got deducted

Address:500090
Website:retail.onlinesbi.com/retail/login.htm

I Have placed IMPS transaction through SBI online. But the transaction got declined and money got deducted from my SBI account. But When i call to customer service they said that money will be credited with 7 days. I not sure what is the use of IMPS here. I just want to know how can i proceed further on this.
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