Â
NEFT/RTGS/IMPS Charges, Timings, Limits
As per RBI guidelines, Real-Time Gross Settlement (RTGS) is available 24x7 with effect from Dec 14, 2020.
Â
Immediate Payment Service (IMPS) - Applicable for NRIs as well
Transaction Limits/Timing | IMPS (24x7x365) | |||
---|---|---|---|---|
iMobile | Internet Banking | |||
Account number + IFSC | Mobile number + MMID | Account number + IFSC | Mobile number + MMID | |
Minimum | ₹ 1 | ₹ 1 | ₹ 1 | ₹ 1 |
Maximum | ₹ 5 lakh | ₹ 10,000 | ₹ 5 lakh | ₹ 10,000 |
*Upto ₹5 lakhs per transaction for IMPS (₹20 Lakhs per day through iMobile Pay)
Â
NEFT (Internet banking and iMobile) - Applicable for NRIs as well
Â
Transaction Limits/Timing | 01.00 hrs – 19.00 hrs | 00.00 hrs – 01.00 hrs and 19.00 hrs – 00.00 hrs |
2nd & 4th Saturday, Sunday & RTGS Holidays |
---|---|---|---|
Minimum | ₹ 1 | ₹ 1 | ₹ 1 |
Maximum | ₹ 10 lakh or ₹ 1 crore (based on customer segment) | ₹ 2 Lakh | ₹ 2 Lakh |
Â
RTGS (Internet Banking) - Applicable for NRIs as well
Transaction Limits/Timing | 01:00 hours – 19:00 hours | 19:00 hours – 00:00 hours and 00:00 hours – 01:00 hours | 2nd and 4th Saturday, Sunday and Bank holidays |
---|---|---|---|
Minimum | Rs 2 lakh | Rs 2 lakh | Rs 2 lakh |
Maximum | Rs 10 lakh or Rs 1 crore (based on customer segment) | Rs 10 lakh | Rs 10 lakh |
Â
RTGS (iMobile) - Applicable for NRIs as well
Transaction Limits/Timing | 01.00 hrs – 19.00 hrs | 19:00 hours – 00:00 and 00:00 hours-01:00 hours |
2nd and 4th Saturday, Sunday and Bank holidays |
---|---|---|---|
Minimum | ₹ 2 lakh | ₹ 2 lakh | ₹ 2 lakh |
Maximum | ₹ 20 lakh | ₹ 10 lakh | ₹ 10 lakh |
Â
CIB, Instabiz & API Banking NEFT - Limits are at user level
Limits | 01:00 hrs – 19:00 hrs | 00:00 hrs – 01:00 hrs and 19:00 hrs – 00:00 hrs | 2nd & 4th Saturday, Sunday & Holidays |
---|---|---|---|
Total transaction Amount | Existing Workflow limit mapped to Corporate | Maximum ₹ 10 Lakh | Maximum ₹ 10 Lakh |
Â
CIB, Instabiz & API Banking RTGS
Limits | 01:00 hrs – 19:00 hrs | 00:00 hrs – 01:00 hrs and 19:00 hrs – 00:00 hrs | 2nd & 4th Saturday, Sunday & Holidays |
---|---|---|---|
Total transaction Amount | Existing Workflow limit mapped to Corporate | Maximum ₹ 1 Crore | Maximum ₹ 1 Crore |
Â
Transaction Charges | NEFT Charges (At Branch) | RTGS Charges (At Branch) | IMPS |
---|---|---|---|
Amounts upto ₹ 10,000 | ₹ 2.25 + Applicable GST | Not Applicable | ₹ 3.5 + Applicable GST |
Amounts above ₹ 10,000 and upto ₹ 1 lakh | ₹ 4.75 + Applicable GST | Not Applicable | ₹ 5 + Applicable GST |
Amounts above ₹ 1 lakh and upto ₹ 2 lakh | ₹ 14.75 + Applicable GST | Not Applicable | ₹ 15 + Applicable GST |
Amounts above ₹ 2 lakh and upto ₹ 5 lakh (Incl. ₹ 2 lakh for RTGS) |
₹ 24.75 + Applicable GST | ₹ 20 + Applicable GST | ₹ 15 + Applicable GST |
Amounts above ₹ 5 lakh and upto ₹ 10 lakh | ₹ 24.75 + Applicable GST | ₹ 45 + Applicable GST | Not applicable |
Â
Important points:
- Transaction charge for NEFT and RTGS initiated through online modes (i.e. Internet Banking, iMobile app and Pockets app) is Nil.
Â
Click to know more on NEFT
Click to know more on RTGS
Click to know more on IMPS
Â
Login to Transfer Fund Now