Imps limit per day: Discover everything about SBI IMPS

Discover everything about SBI IMPS charges, including the latest fee structure, transfer limits, and benefits. Learn how to make cost-effective and instant fund transfers with ease. IMPS transfers are typically suitable for smaller transactions. So, the Reserve Bank of India (RBI) has set a daily transaction limit on the IMPS transfer amount. Earlier, it was set at ₹2 lakhs. However, this sum has now been increased to ₹5 lakhs. Learn about the IMPS limit for online money transfer in India by HDFC Bank. Find out the maximum amount per transaction, per day, and per channel, and the features and fees of IMPS service. Transaction Limits : Up to ₹5,000 per day for MMID-based transfers and ₹5 lakh for account-based transfers. Modes : Accessible via HDFC Mobile Banking App , net banking, or ATMs. Speed : Funds are credited instantly to the recipient’s account. Reach : Supports transfers to any IMPS-enabled bank account in India.