IPPB-Service Charges / Fees for Remittances / Funds Transfers
- Charges on remittances:
First Remittances Transaction Free: Up to INR 500 within 90 days of account opening.
|
Mode of Outward Remittances |
Transaction size |
Charges at Access Point & Doorstep |
Charges for Mobile Banking |
|
Intra Bank |
Free |
Free |
Free |
|
IMPS |
Up to 2,000 |
INR 10 |
INR 05 |
|
2,001-5,000 |
INR 20 |
INR 05 |
|
|
Above 5,000 |
INR 50 |
INR 10 |
|
|
NEFT |
Up to 10,000 |
INR 2.5 |
INR 2.5 |
|
10,001 to 1 Lakh |
INR 05 |
INR 05 |
|
|
1 Lakh to 2 Lakh |
INR 15 |
INR 10 |
|
|
Above 2 Lakh |
INR 25 |
INR 20 |
|
|
RTGS |
2 Lakh to 5 Lakh |
INR 25 |
INR 25 |
|
Above 5 Lakh |
INR 50 |
INR 50 |
- For any services availed at doorstep, doorstep charges will be applicable.
- All charges are exclusive of GST
- Limits on Remittances from IPPB (Self-Service Mode-Savings Account)
|
Payment System |
Minimum Amount |
Maximum Amount Per Transaction Limit |
Per Day Limit |
|
NEFT |
INR 1 |
INR 1,00,000 |
INR 1,00,000 |
|
RTGS* |
INR 2,00,000 |
INR 5,00,000 |
INR 5,00,000 |
|
IMPS |
INR 5 |
INR 50,000 |
INR 50,000 |
*RTGS only on customer request for savings account.
- Limits on Remittances from IPPB (Self-Service Mode-Current Account)
|
Payment System |
Minimum Amount |
Maximum Amount Per Transaction Limit |
Per Day Limit |
|
NEFT |
INR 1 |
INR 1,00,000 |
INR 2,00,000 |
|
RTGS* |
INR 2,00,000 |
INR 5,00,000 |
INR 5,00,000 |
|
IMPS |
INR 5 |
INR 50,000 |
INR 50,000* |
*Default limit, can be increased/decreased based on customer request
*RTGS option will be given by default for current account
- Limits on Remittances from IPPB (Assisted Mode)
|
Payment System |
Minimum Amount |
Maximum Amount Per Transaction Limit |
Per Day Limit |
|
NEFT |
INR 1 |
No Limit |
No Limit |
|
RTGS2 |
INR 2,00,000 |
No Limit |
No Limit |
|
IMPS |
INR 5 |
INR 2,00,000 |
INR 2,00,00 |