Knowing the SBI IMPS limit is crucial to make instant fund transfers from your SBI account. SBI's IMPS service lets you transfer funds in real-time, 24/7, including holidays, up to Rs. 5 lakh. You can make free IMPS transfers through SBI Net Banking, YONO, and Mobile Banking, but there may be small charges for transfers made at branches. Learn about the IMPS limit per day, which is Rs. 5 lakh for individuals as per RBI guidelines, and how it varies across banks. Find out the IMPS charges, transfer time, wallet number and more. 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. 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.
