{"id":7686,"date":"2025-08-24T19:48:42","date_gmt":"2025-08-24T19:48:42","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/08\/24\/imps-is-not-free-comparison-of-charges-by-sbi-hdfc-icici-pnb-and-others-banking-and-finance-news\/"},"modified":"2025-08-24T19:48:42","modified_gmt":"2025-08-24T19:48:42","slug":"imps-is-not-free-comparison-of-charges-by-sbi-hdfc-icici-pnb-and-others-banking-and-finance-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/08\/24\/imps-is-not-free-comparison-of-charges-by-sbi-hdfc-icici-pnb-and-others-banking-and-finance-news\/","title":{"rendered":"IMPS Is Not Free: Comparison Of Charges By SBI, HDFC, ICICI, PNB And Others | Banking and Finance News"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"story-9518347\">\n<p><span class=\"jsx-730caffcddfd709\">Last Updated:<\/span><time class=\"jsx-730caffcddfd709\">August 21, 2025, 09:30 IST<\/time><\/p>\n<h2 id=\"asubttl-9518347\" class=\"jsx-4625396a04d15488 jsx-1528374005 asubttl-schema\">IMPS Charges Comparison: Several lenders, including SBI, HDFC Bank, Punjab National Bank (PNB) and Canara Bank, have announced or revised transaction charges.<\/h2>\n<div class=\"jsx-f62078ffd315d67c artsharwrp\">\n<div id=\"artshare\" class=\"jsx-f62078ffd315d67c artshare\">\n<div class=\"jsx-f62078ffd315d67c stickdiv\">\n<div class=\"jsx-f62078ffd315d67c deskwrapstkdiv\">\n<div class=\"jsx-f62078ffd315d67c flwonstk\"><a href=\"https:\/\/news18.co\/gnps-en-btn\" target=\"_blank\" style=\"margin:0 12px 0 0\" class=\"jsx-f62078ffd315d67c\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/dlxczavtqcctuei\/news18\/static\/images\/english\/gogole-serarch-btn.svg\" width=\"94px\" height=\"30px\" style=\"vertical-align:top\" class=\"jsx-f62078ffd315d67c\"\/><\/a><\/div>\n<div class=\"jsx-f62078ffd315d67c fontchange\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/dlxczavtqcctuei\/news18\/static\/images\/english\/font.svg\" height=\"30px\" width=\"30px\" alt=\"font\" class=\"jsx-f62078ffd315d67c lazyload\"\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<figure class=\"jsx-4625396a04d15488 jsx-1528374005 amimg\"><img decoding=\"async\" alt=\"News18\" title=\"News18\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2021\/07\/1627283897_news18_logo-1200x800.jpg?impolicy=website&amp;width=400&amp;height=225\" loading=\"eager\" fetchpriority=\"high\" class=\"jsx-4625396a04d15488 jsx-1528374005\"\/><\/p>\n<p>News18<\/p>\n<\/figure>\n<p><strong>IMPS Charges Comparison:<\/strong> Immediate Payment Service (IMPS), a popular real-time digital payment system run by the National Payments Corporation of India (NPCI), is no longer free across many banks. Several lenders, including State Bank of India (SBI), HDFC Bank, Punjab National Bank (PNB) and Canara Bank, have announced or revised transaction charges.<\/p>\n<p>IMPS allows customers to transfer money instantly, 24\u00d77, with a per-transaction limit of Rs 5 lakh (except via SMS and IVR). Here\u2019s a quick look at what each bank will now charge:<\/p>\n<h4>SBI<\/h4>\n<p>Up to Rs 25,000: Free<\/p>\n<p>Rs 25,001 \u2013 Rs 1,00,000: Rs 2 + GST<\/p>\n<p>Rs 1,00,001 \u2013 Rs 2,00,000: Rs 6 + GST<\/p>\n<p>Rs 2,00,001 \u2013 Rs 5,00,000: Rs 10 + GST<\/p>\n<p>(Earlier, these transactions were free of cost.)<\/p>\n<h4>Canara Bank<\/h4>\n<p>Below Rs 1,000: Free<\/p>\n<p>Rs 1,000 \u2013 Rs 9,999: Rs 3 + GST<\/p>\n<p>Rs 10,000 \u2013 Rs 24,999: Rs 5 + GST<\/p>\n<p>Rs 25,000 \u2013 Rs 99,999: Rs 8 + GST<\/p>\n<p>Rs 1,00,000 \u2013 Rs 1,99,999: Rs 15 + GST<\/p>\n<p>Rs 2,00,000 \u2013 Rs 5,00,000: Rs 20 + GST<\/p>\n<h4>Punjab National Bank (PNB)<\/h4>\n<p>Up to Rs 1,000: Free<\/p>\n<p>Rs 1,001 \u2013 Rs 1,00,000: Rs 6 + GST (branch), Rs 5 + GST (online)<\/p>\n<p>Above Rs 1,00,000: Rs 12 + GST (branch), Rs 10 + GST (online)<\/p>\n<h4>HDFC Bank (effective August 1, 2025)<\/h4>\n<p>Up to Rs 1,000: Rs 2.50 (regular), Rs 2.25 (senior citizens)<\/p>\n<p>Rs 1,001 \u2013 Rs 1,00,000: Rs 5 (regular), Rs 4.50 (senior citizens)<\/p>\n<p>Above Rs 1,00,000: Rs 15 (regular), Rs 13.50 (senior citizens)<\/p>\n<p>Speciale Gold\/Platinum account holders: Free<\/p>\n<div>\n<h4 data-start=\"98\" data-end=\"142\"><strong data-start=\"102\" data-end=\"140\">ICICI Bank \u2013 IMPS Charges &amp; Limits<\/strong><\/h4>\n<ul class=\"listOncontentArticleUL\" data-start=\"144\" data-end=\"641\">\n<li data-start=\"144\" data-end=\"287\">\n<p data-start=\"146\" data-end=\"287\">Transaction Limits (24x7x365)<br data-start=\"179\" data-end=\"182\"\/>\u2022 Minimum: Rs 1<br data-start=\"203\" data-end=\"206\"\/>\u2022 Maximum: Rs 5 lakh per transaction (Rs 20 lakh per day via iMobile app)<\/p>\n<\/li>\n<li data-start=\"289\" data-end=\"477\">\n<p data-start=\"291\" data-end=\"477\">Channels:<br data-start=\"304\" data-end=\"307\"\/>\u2022 Internet Banking \/ Account No + IFSC \u2192 Up to Rs 5 lakh<br data-start=\"369\" data-end=\"372\"\/>\u2022 Mobile Number + MMID \u2192 Up to Rs 10,000<br data-start=\"418\" data-end=\"421\" data-is-only-node=\"\"\/>\u2022 API Banking \/ InstaBIZ \/ CIB \u2192 Up to Rs 5 lakh<\/p>\n<\/li>\n<li data-start=\"479\" data-end=\"641\">\n<p data-start=\"481\" data-end=\"641\">Charges (varies slightly by channel):<br data-start=\"522\" data-end=\"525\"\/>\u2022 Up to Rs 1,000 \u2192 Rs 2.50 + GST<br data-start=\"559\" data-end=\"562\"\/>\u2022 Rs 1,001 \u2013 Rs 1,00,000 \u2192 Rs 5 + GST<br data-start=\"601\" data-end=\"604\"\/>\u2022 Above Rs 1,00,000 \u2192 Rs 15 + GST<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<div>\n<div class=\"table_container\">\n<table width=\"448\">\n<tbody>\n<tr>\n<td width=\"64\">Transaction Slab<\/td>\n<td width=\"64\">SBI<\/td>\n<td width=\"64\">Canara Bank<\/td>\n<td width=\"64\">PNB<\/td>\n<td width=\"64\">HDFC Bank<\/td>\n<td width=\"64\"\/>\n<td width=\"64\"\/><\/tr>\n<tr>\n<td>Up to Rs 1,000<\/td>\n<td>Free<\/td>\n<td>Free<\/td>\n<td>Free<\/td>\n<td colspan=\"3\">Rs 2.50 (regular) \/ Rs 2.25 (senior)<\/td>\n<\/tr>\n<tr>\n<td>Rs 1,001 \u2013 Rs 10,000<\/td>\n<td>Rs 2 + GST (25k\u20131L)<\/td>\n<td>Rs 3 + GST<\/td>\n<td>Rs 5 + GST (online) \/ Rs 6 + GST (branch)<\/td>\n<td colspan=\"3\">Rs 5 (regular) \/ Rs 4.50 (senior)<\/td>\n<\/tr>\n<tr>\n<td>Rs 10,001 \u2013 Rs 25,000<\/td>\n<td>Rs 2 + GST (25k\u20131L)<\/td>\n<td>Rs 5 + GST<\/td>\n<td>Rs 5 + GST (online) \/ Rs 6 + GST (branch)<\/td>\n<td colspan=\"3\">Rs 5 (regular) \/ Rs 4.50 (senior)<\/td>\n<\/tr>\n<tr>\n<td>Rs 25,001 \u2013 Rs 1,00,000<\/td>\n<td>Rs 2 + GST (25k\u20131L)<\/td>\n<td>Rs 8 + GST<\/td>\n<td>Rs 5 + GST (online) \/ Rs 6 + GST (branch)<\/td>\n<td colspan=\"3\">Rs 5 (regular) \/ Rs 4.50 (senior)<\/td>\n<\/tr>\n<tr>\n<td>Rs 1,00,001 \u2013 Rs 2,00,000<\/td>\n<td>Rs 6 + GST<\/td>\n<td>Rs 15 + GST<\/td>\n<td>Rs 10 + GST (online) \/ Rs 12 + GST (branch)<\/td>\n<td colspan=\"3\">Rs 15 (regular) \/ Rs 13.50 (senior)<\/td>\n<\/tr>\n<tr>\n<td>Rs 2,00,001 \u2013 Rs 5,00,000<\/td>\n<td>Rs 10 + GST<\/td>\n<td>Rs 20 + GST<\/td>\n<td>Rs 10 + GST (online) \/ Rs 12 + GST (branch)<\/td>\n<td colspan=\"3\">Rs 15 (regular) \/ Rs 13.50 (senior)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class=\"jsx-95088aad1b3c53cd atawrap\">\n<div class=\"jsx-95088aad1b3c53cd atadetailwrp\">\n<div class=\"jsx-95088aad1b3c53cd ataname\"><span class=\"jsx-95088aad1b3c53cd atthumb\"><\/p>\n<figure class=\"jsx-95088aad1b3c53cd\"><img decoding=\"async\" alt=\"authorimg\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2025\/02\/WhatsApp-Image-2025-02-11-at-14.38.33-2025-02-47cdd4fd31681cc3efe5087cb8bd1418.jpeg?impolicy=website&amp;width=60&amp;height=60\" class=\"jsx-95088aad1b3c53cd\"\/><\/figure>\n<p><\/span><\/p>\n<div class=\"jsx-95088aad1b3c53cd attitle\"><a href=\"https:\/\/www.news18.com\/byline\/varun-yadav-28203.html\" class=\"jsx-95088aad1b3c53cd atamail\">Varun Yadav<\/a><\/p>\n<p>Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst&#8230;<span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<p>Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst&#8230;<!-- --> <span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-4625396a04d15488 jsx-1528374005 artcta\">\n<div style=\"font-family:Inter;font-size:17px;line-height:28px\"><span data-olk-copy-source=\"MessageBody\"><a href=\"https:\/\/news18.co\/gnps-en\" target=\"_blank\" rel=\"noopener\">Click here<\/a> to add News18 as your preferred news source on Google, <\/span>Stay updated with all the latest business news, including\u00a0<a href=\"https:\/\/www.news18.com\/business\/markets\/\">market trends<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/topics\/stocks-to-watch\/\">stock updates<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/business\/tax\/\">tax<\/a>, IPO,\u00a0<a href=\"https:\/\/www.news18.com\/business\/banking-finance\/\">banking finance<\/a>, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates. Also <span data-olk-copy-source=\"MessageBody\">Download the\u00a0<a href=\"https:\/\/onelink.to\/eng-article-eop\">News18 App<\/a>\u00a0to stay updated!<\/span><\/div>\n<\/div>\n<div id=\"coral-wrap\" class=\"jsx-ba4d8f086a12294f \">\n<div class=\"jsx-ba4d8f086a12294f coral-cont\">\n<div class=\"jsx-ba4d8f086a12294f coltoptxt\">Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our <a href=\"https:\/\/www.news18.com\/disclaimer\/\" class=\"jsx-ba4d8f086a12294f\">Terms of Use<\/a> and <a href=\"https:\/\/www.news18.com\/privacy_policy\/\" class=\"jsx-ba4d8f086a12294f\">Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n<p><span class=\"jsx-4625396a04d15488 jsx-1528374005 rmbtn news18_read_more\">Read More<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/business\/banking-finance\/imps-is-not-free-comparison-of-charges-by-sbi-hdfc-icici-pnb-and-others-ws-el-9518347.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Updated:August 21, 2025, 09:30 IST IMPS Charges Comparison: Several lenders, including SBI, HDFC Bank, Punjab National Bank (PNB) and Canara Bank, have announced or revised transaction charges. News18 IMPS Charges Comparison: Immediate Payment Service (IMPS), a popular real-time digital payment system run by the National Payments Corporation of India (NPCI), is no longer free&#8230;<\/p>\n","protected":false},"author":1,"featured_media":7687,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-7686","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/7686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=7686"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/7686\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/7687"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=7686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=7686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=7686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}