SBI hikes IMPS charges from August 15, 2025: See what PNB, Canara Bank are chargingState Bank of India is set to revise its IMPS transaction charges for retail customers starting August 15, 2025. Online transactions above ...
14 Aug, 2025, 11.24 AM IST
SBI to impose nominal charges on IMPS beyond Rs 25,000 transfer from August 15State Bank of India (SBI) has revised its IMPS charges, effective August 15th. Online fund transfers exceeding Rs 25,000 will now incur nom...
13 Aug, 2025, 11.07 PM IST
Banks don't need to levy charges on digital payments like UPI, IMPS, NEFT, RTGS: Here is whyCharges on UPI, IMPS, NEFT, RTGS payments: Banks are asking the government either to support them in maintaining the ecosystem for digital ...
05 Sep, 2024, 01.28 PM IST
Charges for IMPS money transfer August 2024: SBI vs HDFC Bank vs ICICI Bank vs Canara BankIMPS has a cutting-edge service that enables quick and secure movement of funds between banks in India while also being cost-efficient. Let...
10 Aug, 2024, 01.06 PM IST
ICICI Bank revises charges on NRI savings accounts from November 1; check when, what you have to payICICI Bank has revised certain services charges that are levied on the NRI savings bank account. The revised charges have come into effect ...
01 Nov, 2022, 11.11 AM IST
No consideration to levy any charges for UPI services: Finance Ministry"UPI is a digital public good with immense convenience for the public & productivity gains for the economy. There is no consideration in Go...
21 Aug, 2022, 10.29 PM IST
RBI asks payment system stakeholders to submit feedback on digital payment chargesIn December last year the regulator had said that it will release a discussion paper on various charges levied by banks and institutions fo...
17 Aug, 2022, 07.16 PM IST
SBI's revised IMPS charges with effect from Feb 1IMPS is a popular payment service provided by banks to allow real-time inter-bank fund transfer which is available 24 X 7 including on Sund...
02 Feb, 2022, 04.27 PM IST
SBI to not levy charges on IMPS transactions up to Rs 5 lakh done via Net banking, mobile bankingSBI recently announced that it has increased the Immediate Payment Service (IMPS) limit for money transfers done at its bank branches.
04 Jan, 2022, 05.01 PM IST
IMPS limit hiked: Instant transfer of Rs 5 lakh now possibleThe IMPS is one of the most widely used money transfer mediums, however, the maximum limit of Rs 2 lakh was becoming a big roadblock for ma...
08 Oct, 2021, 01.33 PM IST
SBI waives off charges on NEFT, RTGS and IMPSWith effect from July 1, 2019, no RTGS, NEFT charges will be levied on customers for transactions done via YONO, Internet banking and mobil...
12 Jul, 2019, 04.08 PM IST
SBI waives charge on IMPS fund transfer of up to Rs 1,000State Bank of India had been charging Rs 5 along with the applicable service tax for IMPS fund transfer of up to Rs 1,000.
12 Jul, 2017, 10.29 PM IST
How to avoid paying higher charges levied by your bankBanks have reintroduced charges suspended during note ban and added new ones. What worries customers is how banks deduct money directly fro...
20 Mar, 2017, 11.09 AM IST
PSBs set to limit electronic fund transfer charge“This is to further promote digital and card payments,” the finance ministry said in a statement, adding that these directions will apply f...
22 Dec, 2016, 12.05 AM IST
Government waives transaction fee on IMPS, NEFT transfer of over Rs 1,000Govt has asked PSU banks to restrict fees on e-payments for a transfer of over Rs 1,000. This direction will apply for all transactions up ...
21 Dec, 2016, 03.20 PM IST
NPCI incentivizes mobile fund transfersBanks that get funds through mobile money transfers will also get a share of the charges from January following a decision by the NPCI.
11 Jan, 2014, 12.14 PM IST
Smart things to know about inter-bank mobile payment serviceIMPS is an electronic money transfer facility, which enables real-time fund transfer through SMS.
18 Feb, 2013, 08.32 AM IST