Service Charges / Fees for Remittances / Funds Transfers
Domestic Remittances /Money Transfer
- Charges on Money Transfer:
First Money Transfer Free: Up to INR 500 within 90 days of account opening.
|
Mode of Money Transfer |
Transaction size |
Charges at Access Point & Doorstep |
Charges for Mobile Banking |
||
|
Savings Account |
Current Account |
Savings Account |
Current Account |
||
|
Intra Bank (IPPB account to IPPB account) |
Free |
Free |
Free |
Free |
Free |
|
IMPS |
Up to 2,000 |
INR 10 |
INR 10 |
INR 05 |
INR 05 |
|
2,001-5,000 |
INR 20 |
INR 20 |
INR 05 |
INR 05 |
|
|
Above 5,000 |
INR 50 |
INR 50 |
INR 10 |
INR 10 |
|
|
NEFT |
Up to 10,000 |
INR 2.25 |
INR 2.25 |
NIL |
INR 2.25 |
|
10,001 to 1 Lakh |
INR 4.75 |
INR 4.75 |
NIL |
INR 4.75 |
|
|
1 Lakh to 2 Lakh |
INR 14.75 |
INR 14.75 |
NIL |
INR 9.75 |
|
|
Above 2 Lakh |
INR 24.75 |
INR 24.75 |
NIL |
INR 19.75 |
|
|
RTGS |
2 Lakh to 5 Lakh |
INR 24.50 |
INR 24.50 |
INR 24.50 |
INR 24.50 |
|
Above 5 Lakh |
INR 49.50 |
INR 49.50 |
INR 49.50 |
INR 49.50 |
|
- The above charges are subject to change. IPPB reserves the right to change the above charges as per its discretion.
- For any services availed at doorstep, doorstep charges will be applicable.
- All charges are exclusive of GST
Limits on Money Transfer - IPPB Mobile Banking App
|
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 2,00,000 |
|
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 |
|
IMPS |
INR 5 |
INR 50,000 |
INR 2,00,000 |
Limits on Money Transfer – IPPB Assisted Mode
|
Payment System |
Minimum Amount |
Maximum Amount Per Transaction Limit |
Per Day Limit |
|
NEFT |
INR 1 |
No Limit |
No Limit |
|
RTGS |
INR 2,00,000 |
No Limit |
No Limit |
|
IMPS |
INR 5 |
INR 2,00,000 |
INR 2,00,000 |
|
|
|
|
|
Limits of Cash Deposit & Cash Withdrawl at Access Points & Doorstep
|
Savings Account |
Current Account |
|||
|
Cash Deposit |
Cash Withdrawal |
Cash Deposit |
Cash Withdrawal |
|
|
Head Post Office |
No Limit |
INR 20,000 |
No Limit |
INR 20,000 |
|
Sub Post Office |
No Limit |
INR 20,000 |
No Limit |
INR 20,000 |
|
Branch Post Office |
INR 10,000 |
INR 10,000 |
INR 20,000 |
INR 20,000 |
|
Gramin Dak Sevak/ Postman at Doorstep |
INR 10,000 |
INR 10,000 |
INR 20,000 |
INR 20,000 |
*Limits are per customer per day
Payment System Timings
|
Payment System |
Days |
Timings |
Remarks |
|
NEFT |
All Days including Sunday and Bank Holidays |
24x7 |
Transaction through Branches - As per Branch working Hours. Due to the limitation of 1 Lac balance and un-availability of Sweep-in after 8:00 PM, Mobile Banking app outward RTGS transaction is subject to the availability of balance received via Inward RTGS/fund transfer. |
|
RTGS |
Monday to Saturday (Except 2nd and 4th Saturday and bank holidays) |
7:00 AM to 6:00 PM |
Transaction through Branches - As per Branch working Hours |
|
IMPS |
All Days including Sunday and Bank Holidays |
24x7 |
|
|
UPI(Assisted & Self-Service) |
All Days including Sunday and Bank Holidays |
24x7 |
|
Bill Payments: Free*
*Only Doorstep Banking Charges will be applicable
1. For any services availed at doorstep, doorstep charges will be applicable.
2. All charges are exclusive of GST