City Union Bank IMPS Charges

Last Updated : July 7, 2025, 3:57 p.m.

In the fast-paced world of digital banking, City Union Bank IMPS charges are a critical factor for customers seeking quick, secure, and cost-effective fund transfers. Immediate Payment Service (IMPS) enables City Union Bank (CUB) account holders to transfer money instantly, 24/7, including weekends and holidays, making it ideal for urgent transactions. This article provides a comprehensive guide to City Union Bank IMPS charges 2025, transaction limits, and steps to perform IMPS transfers.

City Union Bank IMPS Fees in 2025

City Union Bank maintains a competitive fee structure for IMPS transactions, with minimal charges applied to outward transactions. As of 2025, the CUB IMPS fees are as follows, based on available information:

• Up to ₹1,000 ₹2.50 per transaction
• ₹1,001 to ₹25,000 : ₹5 per transaction
• Above ₹25,001 to ₹2,00,000 : ₹15 per transaction.

Key Points :

• Outward IMPS Transactions : The above charges apply to funds sent from a CUB account via mobile banking, net banking, or ATMs.
• Inward IMPS Transactions : No charges for receiving funds.
• Mobile and Net Banking : Charges apply as listed above for transactions via the CUB Mobile Banking app or CUB Net Banking.
• ATM-Based IMPS : Additional service fees may apply for ATM-initiated transactions; confirm with the nearest CUB branch or ATM.
• GST : A standard GST rate of 18% may apply on the mentioned charges, though not explicitly stated in the source.
• Account Types : All resident savings and current account holders registered for net banking or mobile banking are eligible for IMPS services, with no specific fee waivers mentioned for accounts like CUB Young India or CUB General Savings.

Key Features of City Union Bank IMPS

• 24/7 Availability : Transfer funds anytime, including bank holidays and weekends.
• Instant Transfers : Funds are credited to the beneficiary’s account within seconds.
• Secure Transactions : Uses OTP-based authentication, MPIN, and 128-bit SSL encryption for safety.
• Flexible Options : Transfer using Mobile Money Identifier (MMID) and mobile number (P2P) or IFSC code and account number (P2A).

City Union Bank IMPS Transaction Limits

CUB aligns its IMPS transaction limits with NPCI and RBI guidelines to ensure security and compliance. The IMPS transfer limits for CUB in 2025 are:

• Maximum Daily Limit : ₹2,00,000 per transaction and per day.
• Per Transaction Limit : Up to ₹2,00,000, depending on account type and customer profile.
• Minimum Transaction Amount : ₹1.
• MMID-Based Transfers (P2P) : Limited to ₹10,000 per day for added security.
• New Beneficiary Transfers : Maximum ₹10,000 on the first day of beneficiary activation.

To verify specific limits for your account, log in to CUB Net Banking or the CUB Mobile Banking app, or contact customer support at 044-7122 5000.

Benefits of Using City Union Bank IMPS

• Affordable Fees : Low charges, starting at ₹15 per transaction for amounts up to ₹1,00,000.
• Instant Transfers : Funds are credited within seconds, ideal for urgent payments.
• Secure : OTP, MPIN, and 128-bit SSL encryption ensure safe transactions.
• Convenient : Accessible via mobile app, net banking, or ATMs.
• 24/7 Availability : Transfer funds anytime, even on holidays.
• Versatile Uses : Pay utility bills, credit card bills, or make online purchases to merchants.

Security Tips for City Union Bank IMPS Transactions

• Protect OTPs and MPIN : Never share your OTP or MPIN with anyone, as they are 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 unauthorized access.
• Monitor Accounts : Regularly check your transaction history for suspicious activity.
• Use Official Channels : Access IMPS services only through CUB’s official website or CUB Mobile Banking app.
• Report Phishing : Immediately report suspicious emails, SMS, or calls to CUB’s customer care at customersupport@cubmail.in or 044-7122 5000.

Conclusion

City Union Bank’s IMPS service offers a fast, secure, and affordable way to transfer funds instantly, with IMPS charges starting at ₹5 per transaction for amounts up to ₹25,000 and a maximum daily limit of ₹2,00,000. Leveraging the CUB Mobile Banking app or CUB Net Banking ensures seamless, cost-effective transfers. Embrace the convenience of IMPS for real-time, hassle-free fund transfers across India.