Bank of Baroda IMPS Charges

Last Updated : July 2, 2025, 3:18 p.m.

In the era of digital banking, Bank of Baroda IMPS charges and services are key for customers seeking fast, secure, and cost-effective fund transfers. Immediate Payment Service (IMPS) enables Bank of Baroda (BOB) account holders to transfer money instantly, 24/7, including weekends and holidays, making it ideal for urgent transactions.

This article provides a detailed guide on BOB IMPS charges 2025, transaction limits, and steps to perform IMPS transfers, optimized for users searching for the latest Bank of Baroda IMPS fees and related information.

Bank of Baroda IMPS Fees in 2025

Bank of Baroda is known for its customer-friendly policies, and its IMPS charges reflect this approach. As of 2025, Bank of Baroda does not levy any charges for IMPS transactions, whether conducted through the Baroda M-Connect Plus app, net banking, or mobile banking. This makes BOB one of the most cost-effective banks for IMPS transfers in India.

Key Points :

• Outward IMPS Transactions : Free of cost for all transaction amounts up to the daily limit.
• Inward IMPS Transactions : No charges for receiving funds.
• GST : Since no base charges apply, GST is not applicable.
• Branch-Based IMPS : While most transactions are free via digital channels, branch-based IMPS may incur nominal service fees, which can be confirmed at the nearest BOB branch.

Key Features of Bank of Baroda IMPS

• 24/7 Availability : Transfer funds anytime, including bank holidays and weekends.
• Instant Transfers : Funds are credited to the beneficiary’s account within minutes.
• Secure Transactions : Uses OTP-based authentication and 128-bit SSL encryption.
• Versatile Options : Transfer using Mobile Money Identifier (MMID) and mobile number or IFSC code and account number.

Bank of Baroda IMPS Transaction Limits

Bank of Baroda sets daily transaction limits for IMPS to ensure security and compliance with RBI guidelines. The IMPS transfer limits for BOB in 2025 are:

• Maximum Daily Limit : ₹5,00,000 (via mobile banking or net banking).
• Per Transaction Limit : Varies based on account type and customer profile.
• Minimum Transaction Amount : ₹1.
• Third-Party Transfers : Limits may be lower for non-BOB accounts, subject to account settings.

To confirm specific limits for your account, log in to BOB net banking or the Baroda M-Connect Plus app, or contact customer support.

Benefits of Using Bank of Baroda IMPS

• Zero Charges : No fees for IMPS transactions via digital channels, making it cost-effective.
• Instant Transfers : Funds are credited within minutes, ideal for urgent payments.
• Secure : OTP authentication and SSL encryption ensure safety.
• Convenient : Accessible via mobile app, net banking, or branches.
• 24/7 Availability : Transfer funds anytime, even on holidays.

Security Tips for Bank of Baroda IMPS Transactions

• Protect OTPs : Never share your OTP with anyone, as it’s critical for transaction authentication.
• Use Secure Networks : Avoid public Wi-Fi for mobile or net banking transactions.
• Log Out : Always log out after completing transactions to prevent unauthorised access.
• Monitor Accounts : Regularly check your transaction history for suspicious activity.
• Use Official Channels : Access IMPS services only through BOB’s official website or app.

Comparison with Other Banks’ IMPS Charges

Here’s how Bank of Baroda IMPS charges compare with other major banks in 2025:

• State Bank of India (SBI) : Free via YONO app or net banking; branch-based transfers incur ₹3.50 + GST (up to ₹1,000), ₹5 + GST (₹1,001–₹1,00,000), ₹15 + GST (above ₹1,00,000).
• HDFC Bank : Free via net banking or mobile banking; branch-based charges are ₹3.50 + GST (up to ₹1,000), ₹5 + GST (₹1,001–₹1,00,000), ₹10 + GST (₹1,00,001–₹5,00,000).
• IDBI Bank : Free up to ₹1,000; ₹5 + GST (₹1,001–₹1,00,000); ₹15 + GST (₹1,00,001–₹2,00,000). Free via Go Mobile+ app.
• Kotak Mahindra Bank : Free for all IMPS transactions.

Bank of Baroda stands out with its zero IMPS charges across digital platforms, making it a top choice for cost-conscious customers.

Conclusion

Bank of Baroda’s IMPS service is a fast, secure, and cost-effective way to transfer funds instantly, with no charges for transactions via the Baroda M-Connect Plus app or net banking. With a daily limit of ₹5,00,000 and 24/7 availability, it’s an excellent option for personal and business transactions. For the latest Bank of Baroda IMPS charges 2025, check the official BOB website or contact customer care. Embrace the convenience of IMPS for seamless, real-time fund transfers.