IPPB’s Service Charges / Fees for Remittances / Money Transfers

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IPPB's Service Charges / Fees for Remittances / Funds Transfers
IPPB’s Service Charges / Fees for Remittances / Funds Transfers

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

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