Скачать или смотреть Upi Payment New Rule | SBI to impose nominal charge on IMPS beyond Rs 25,000 transfer from August 15

State Bank of India (SBI) has revised its IMPS charges, effective August 15th. Online fund transfers exceeding Rs 25,000 will now incur nominal charges ranging from Rs 2 to Rs 10, plus GST. Salary package account holders and specific current account holders are exempt from these charges, while revised charges for corporate customers will take effect from September 8, 2025.

The country's largest lender State Bank of India (SBI) has revised charges on fund transfers through the IMPS (Immediate Payment Service) effective from August 15.

Although there is no change in charges for fund transfer through IMPS done via branch, fund transfer above Rs 25,00o would attract charges through the online channel from August 15, as per the information posted on the SBI website.

Transactions above Rs 25,000 done through online channels will now attract nominal charges ranging from Rs 2-10 plus Goods and Services Tax (GST).

Transfer of funds above Rs 25,000 but less than Rs 1 lakh would attract a service charge of Rs 2; for amounts of Rs 1-2 lakh, Rs 6, and for amounts of Rs 2-5 lakh, Rs 10.

Salary package account holders continue to enjoy full waivers for online IMPS transfers.

For corporate customers, revised service charges are going to be effective from September 8, 2025, it said.

IMPS transaction charges waived for current account (Gold, Diamond, Platinum, Rhodium, Govt Departments, Autonomous/Statutory bodies etc,) for online transactions, it said.





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