“Forward ever, backward never: onwards with Breaking Through”

 

 IPPB-Service Charges / Fees for Remittances / Funds Transfers 

 


  1. 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
  1. 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.

  1. 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

  1. 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