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. Previously, the maximum IMPS limit per day was ₹2 Lakhs which is now updated to ₹5 Lakhs by the RBI. Here are the IMPS limits applicable to every fund transfer. Is there a limit on IMPS transfers? While there is no IMPS minimum limit, the maximum limit varies from one bank to another. 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. Get detail information about NEFT, RTGS and IMPS transaction timings. Kindly check the operational hours before carrying out any transaction.
