IDBI Bank IMPS Charges

Last Updated : July 2, 2025, 2:55 p.m.

In today's fast-paced digital banking era, IDBI Bank IMPS charges and services are vital for customers seeking instant, secure, and cost-effective fund transfers. Immediate Payment Service (IMPS) allows IDBI Bank account holders to transfer money 24/7, even on holidays, making it a popular choice for urgent transactions.

This article provides a comprehensive guide to IDBI Bank IMPS fees, transaction limits, and steps to perform IMPS transfers, optimized for those searching for up-to-date information on IMPS charges IDBI Bank 2025.

What is IMPS?

IMPS, or Immediate Payment Service, is a real-time electronic fund transfer system operated by the National Payments Corporation of India (NPCI) and regulated by the Reserve Bank of India (RBI). It enables instant transfers between bank accounts across India using mobile banking, internet banking, or ATMs. IDBI Bank offers IMPS through its net banking platform, Go Mobile+ app, and branch services, ensuring seamless transactions for its customers.

Key Features of IDBI Bank IMPS

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

IDBI Bank IMPS Fees in 2025

IDBI Bank applies nominal charges for IMPS transactions, which vary based on the transaction amount and channel used (net banking, mobile banking, or branch).

• Up to ₹1,000 : Free of cost
• ₹1,001 to ₹1,00,000 : ₹5 + GST per transaction
• ₹1,00,001 to ₹2,00,000 : ₹15 + GST per transaction
• Above ₹2,00,000 : Not applicable, as the maximum IMPS limit is ₹2,00,000 per day.

IDBI Bank IMPS Transaction Limit

IDBI Bank imposes daily transaction limits to ensure security and compliance with RBI regulations. The IMPS transfer limit for IDBI Bank in 2025 is:

• Maximum Daily Limit : ₹2,00,000
• Per Transaction Limit : Varies based on account type and customer profile
• Third-Party Transfers : Lower limits may apply for transfers to non-IDBI accounts.

Benefits of Using IDBI Bank IMPS

• Instant Transfers : Funds are credited within minutes, ideal for emergencies.
• Cost-Effective : Minimal charges, with free transactions up to ₹1,000.
• Secure : Robust security measures like OTP and SSL encryption.
• Convenience : Accessible via mobile, net banking, or branches.
• No Holiday Restrictions : Transfer funds anytime, anywhere.

Security Tips for IDBI Bank IMPS Transactions

• Never Share OTPs : OTPs are confidential and should not be shared with anyone.
• Avoid Public Wi-Fi : Use secure networks for mobile or net banking.
• Log Out Properly : Always log out after completing transactions.
• Monitor Account : Regularly check your transaction history for unauthorised activity.
• Use Official Platforms : Access IMPS services only through IDBI’s official website or app.

Conclusion

IDBI Bank’s IMPS service offers a reliable, secure, and affordable way to transfer funds instantly. With IMPS charges starting at free for transactions up to ₹1,000 and a maximum limit of ₹2,00,000 per day, it’s an excellent option for both personal and business transactions. By leveraging the Go Mobile+ app or net banking, customers can enjoy seamless transfers with minimal fees.