Indian Bank IMPS Charge

Last Updated : July 5, 2025, 12:52 p.m.

In the fast-paced realm of digital banking, Indian Bank IMPS charges are a vital consideration for customers seeking quick, secure, and cost-effective fund transfers. Immediate Payment Service (IMPS) enables Indian Bank 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 Indian Bank IMPS charges 2025, transaction limits, and steps to perform IMPS transfers.

Indian Bank IMPS Fees in 2025

Indian Bank maintains a competitive fee structure for IMPS transactions, with charges varying based on the transaction amount. As of 2025, the Indian Bank IMPS fees are as follows, based on available information:

• Up to ₹1,000 : NIL
• ₹1,001 to ₹10,000 : ₹2.50 + GST per transaction
• ₹10,001 to ₹25,000 : ₹4.50 + GST per transaction
• ₹25,001 to ₹1,00,000 : ₹7.50 + GST per transaction
• Above ₹1,00,000 to ₹2,00,000 : ₹10 + GST per transaction
• Above ₹2,00,000 to ₹5,00,000 : ₹15 + GST per transaction

Key Points :

• Outward IMPS Transactions : The above charges apply to funds sent from an Indian Bank account.
• Inward IMPS Transactions : No charges for receiving funds.
• Mobile and Net Banking : IMPS transactions via the IndPay Mobile Banking app or Indian Bank Net Banking may be free for certain account types, such as premium or priority banking customers, as per bank promotions.
• Branch-Based IMPS : Additional service fees may apply for transactions initiated at a branch; confirm with the nearest Indian Bank branch.
• GST : Standard GST rates (18%) are applicable on all mentioned charges.

For the most accurate and updated Indian Bank IMPS charges, visit the official Indian Bank website or contact their customer care at 1800 4250 0000.

Indian Bank IMPS Transaction Limits

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

• Maximum Daily Limit : ₹2,00,000 (via mobile banking or net banking for most accounts, though some banks allow up to ₹5,00,000 based on RBI guidelines).
• 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.

Benefits of Using Indian Bank IMPS

• Affordable Fees : Low charges, starting at ₹2.50 + GST for transactions up to ₹10,000
• Instant Transfers : Funds are credited within minutes, ideal for urgent payments.
• Secure : OTP or MPIN authentication and SSL encryption ensure safety.
• Convenient : Accessible via mobile app, net banking, SMS, or branches.
• 24/7 Availability : Transfer funds anytime, even on holidays.
• Versatile Uses : Pay utility bills, credit card bills, or make online purchases.

Security Tips for Indian 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 Indian Bank’s official website or IndPay Mobile Banking app.

Conclusion

Indian Bank’s IMPS service offers a fast, secure, and affordable way to transfer funds instantly, with IMPS charges starting at ₹2.50 + GST for transactions up to ₹10,000 and a maximum daily limit of ₹2,00,000 (or ₹50,000 as per some sources). Leveraging the IndPay Mobile Banking app or Indian Bank Net Banking ensures seamless, cost-effective transfers. Embrace the convenience of IMPS for real-time, hassle-free fund transfers across India.