Service Charges / Fees for Remittances / Funds Transfers at IPPB Mobile Banking Services

Service Charges / Fees for Remittances / Funds Transfers at IPPB Mobile Banking

 

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
Intra Bank(IPPB account to IPPB account)	Free	Free	Free
IMPS	Up to 2,000	INR 10	INR 05
	2,001-5,000	INR 20	INR 05
	Above 5,000	INR 50	INR 10
NEFT	Up to 10,000	INR 2.5	INR 2.5
	10,001 to 1 Lakh	INR 05	INR 05
	1 Lakh to 2 Lakh	INR 15	INR 10
	Above 2 Lakh	INR 25	INR 20
RTGS	2 Lakh to 5 Lakh	INR 25	INR 25
	Above 5 Lakh	INR 50	INR 50

1. The above charges are subject to change. IPPB reserves the right to change the above charges as per its discretion.
2. For any services availed at doorstep, doorstep charges will be applicable.
3. 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 50,000
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
RTGS	INR 2,00,000	INR 5,00,000	INR 5,00,000
IMPS	INR 5	INR 50,000	INR 50,000

**The default limit, can be increased/decreased based on customer request

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 5,000	INR 5,000	INR 20,000	INR 20,000
Gramin Dak Sevak/ Postman at Doorstep	INR 5,000	INR 5,000	INR 20,000	INR 20,000

*Limits are per customer per day