IMPS charge structure and Other Terms & Conditions

IMPS Charge structure through SIB Internet Banking

Following charges will be applicable for IMPS fund transfer facility offered for Personal and Corporate
Internet Banking users.

IMPS Transaction charges

Amount for Personal and Corporate
Internet Banking Users(Rs.)
Transaction value < Rs. 1000 NIL
Transaction value >= Rs. 1000 and <=1 Lakh 5 + GST
Transaction value greater than Rs. 1 Lakh and <= Rs. 2 Lakh 15 + GST
Transaction value greater than Rs. 2 Lakh and <= Rs. 5 Lakh 17 + GST

Eligibility for IMPS fund transfer facility through Internet Banking

All SIBerNet Personal and Corporate customers activated with transactional facilities having External
Fund Transfer limit are enabled for IMPS fund transfer facility. Customers will be able to
interchangeably use the External Fund Transfer limit for NEFT/RTGS/IMPS/Online Bill Payments.
Customers can make IMPS fund transfer by debiting their SB, CD, OD and CC accounts. All existing
beneficiaries for NEFT/RTGS will be automatically enabled for IMPS fund transfer also.
Daily Fund transfer Limit

Transaction Type Personal Internet Banking Corporate Internet Banking

IMPS Fund Transfer Rs. 5 Lakhs Rs. 5 Lakhs