Sending Funds Via HDFC Bank's IMPS (Immediate Payment Service) Is...
Convenient
Send money on the go from your phone
Instant
Funds reach your beneficiary instantly
FAQs
Check IMPS Charges & IMPS Fees applicable on Online Transfers at HDFC Bank? ›
IMPS charges
What is the charges for IMPS transfer in HDFC? ›As an HDFC Bank customer, you should be aware of charges for IMPS transactions. The fee structure for outward IMPS transactions is as follows: For transactions ranging from ₹0 to ₹1,000, the charges are ₹3.50 plus applicable GST. For transactions between ₹1,001 and ₹1,00,000, the fee is ₹5 plus applicable GST.
What is IMPS and its charges? ›The Immediate Payment Service charges or IMPS charges are levied by banks for the instant transfer of funds from one bank account to another. Depending on the bank you have an account with, the following charges are typically applicable for IMPS transactions: ₹2.5 + GST - Transactions up to ₹10,000.
How can I check my IMPS transaction status in HDFC Netbanking? ›Tracking IMPS transactions through Internet Banking
- Visit the HDFC Bank Internet Banking portal.
- Login to your HDFC Bank account using your credentials.
- Click on the 'Funds Transfer' option.
- In the Enquire section, Click on 'View IMPS Funds Transfer. ...
- Enter the Reference Number of the transaction you want to track/view.
Jan 16, 2024
1) Online Banking
- Log in: Access your bank's online banking platform by entering your credentials.
- Navigate to Transactions: Go to the 'Transaction History' or 'Payments' section.
- Enter Reference Number: Find the option to search or filter transactions using the IMPS reference number.
Aug 8, 2024
IMPS transfers money instantly, within seconds. It is available 24/7, throughout the year, including bank holidays. NEFT transfers money in batches, which may take up to two hours, depending on the settlement cycle. It is operates 24/7, providing round-the-clock accessibility for users.
What is the limit of IMPS per day? ›As per NPCI, from October 2021 the IMPS limit is Rs. 5 Lakh per day with any number of transactions. The Reserve Bank of India (RBI) in October 2021 updated the guidelines for IMPS transactions and increased the daily transfer limit from ₹2 lakhs to ₹5 lakhs for individuals.
Is IMPS free or not? ›Customers don't need to share bank details like bank account numbers to make transactions through IMPS. It's a 24×7 service throughout the year. Once the transaction is complete the sender and receiver both get notified saying debited and credited. No charges are avail for using this service.
Is it safe to transfer money through IMPS? ›Secure: IMPS uses two-factor authentication and a one-time password to ensure the safety of your transactions. This provides a high level of security for your funds.
What is the limit of HDFC transfer per day? ›50 lakh per day. During the first 24 hours of adding a new beneficiary, you can send only up to Rs. 50,000 to the beneficiary due to security reasons.
Does HDFC charge for NEFT transfer? ›
The NEFT charges for HDFC Bank are Rs. 2 + GST for amounts up to Rs. 1 lakhs and Rs. 10 + GST for amounts exceeding Rs.
How do I know if my IMPS is successful? ›Every successful IMPS transaction can be tracked by RRN Number or Transaction reference number. Login to your Internet Banking Account > Payments & Transfer > Transaction Status > View Completed Transactions.
How can I activate my IMPS in HDFC Bank? ›IMPS transactions can be initiated through multiple channels. You need the choose your preferred channel, such as Mobile Banking, Internet Banking, SMS or ATMs. Log in to your preferred channel and navigate to the 'funds transfer' option to initiate the transfer process.
Is IMPS chargeable in HDFC? ›IMPS charges
Here's what HDFC Bank charges for IMPS transfers: For transfer amount of up to ₹1,000: ₹3.50 + taxes. For transfer amount from ₹1,001 to ₹1 lakh: ₹5 + taxes. For transfer amount greater than ₹1 lakh: ₹15 + taxes.
Immediate Payment Service (IMPS) - Benefits & Charges
| Transaction Charges | IMPS charges |
|---|---|
| Transaction upto Rs. 1,000 | Rs. 2.5/- per transaction + Applicable GST |
| Transaction over Rs. 1,000 and up to Rs. 25,000 | Rs. 5/- per transaction + Applicable GST |
Failed IMPS transactions are automatically reversed in 24 hours most of the time. Only if it doesn't happen within 24 hours do you need to contact your bank.
What is the charge of IMPS for 2 lakhs? ›For the IMPS of up to ₹1000, the charge is ₹2.5 + Taxes. ₹5 + Taxes are charged for the amount above ₹1000 up to ₹1 Lac. ₹15 + Taxes is charged for the amount above ₹1 Lac up to ₹2 Lacs.
Is NEFT free or chargeable? ›There are no charges levied by RBI from banks. NEFT service can be used for a variety of transactions such as payment of credit card bills, payment of loan EMI, etc. The service is available Pan-India. No charges levied on savings bank account customers for online NEFT transactions.
