IMPS Transaction Charges 2026
IMPS charges vary by bank and are levied per-transaction. Unlike UPI, IMPS is not mandated to be free. GST (18%) applies on service charges.
Indicative IMPS Charges by Amount (General Reference)
Note: Exact charges vary by bank. Verify with your bank's official Schedule of Charges.
| Transaction Amount | Typical Charge (before GST) | GST |
|---|---|---|
| Up to ₹1,000 | Nil to ₹3.50 | On charge amount |
| ₹1,001 – ₹1 lakh | ₹5 – ₹15 | On charge amount |
| ₹1 lakh – ₹2 lakh | ₹15 – ₹25 | On charge amount |
| ₹2 lakh – ₹5 lakh | ₹25 – ₹50 | On charge amount |
Important: Verify with your bank
The table above is indicative only. Actual charges are set by your bank in their Schedule of Charges. Some banks offer free IMPS for certain account types. Online banking IMPS may have different charges than branch/mobile banking.
View official bank charges →IMPS charge structure sourced from NPCI IMPS documentation . Exact per-bank charges from official Schedule of Charges. Always verify before transacting.