In general, the transaction limit for IMPS is Rs. 2 Lakh. However, it is up to individual banks to define the upper limit for IMPS transactions. There is no minimum limit for IMPS transactions. The limit may be stringent for the first few days after adding the beneficiary. It is advisabl...
IMPS Funds Transfer facility is available through iMobile and Internet Banking. You will need a 7 digit MMID* (Mobile Money Identifier) or the account number and IFSC to transfer funds via IMPS. The limit for an IMPS transaction is Rs 5 Lakhs.Click here to view the charges. ...
There is no minimum transaction limit in IMPS services. In the IMPS, the user can make intrabank as well as interbank transfers. The transactions in IMPS services allow NRI's to transfer the money from the NRI bank Account to the Indian bank account. In the IMPS Services, the transactions...