AU Small Finance Bank IMPS Charges Guide

AU Small Finance Bank IMPS Charges Guide

AU Small Finance Bank charges zero fees for IMPS transfers made through the AU 0101 app or net banking. IMPS is instant and works 24×7, making it ideal for urgent transfers.

IMPS Charges at AU SFB

• Via AU 0101 app or net banking: Free
• Via branch: Rs 5 to Rs 15 per transaction per RBI slabs

IMPS Transaction Limits

• Minimum: Rs 1
• Maximum: Rs 5 lakh per transaction (NPCI limit)

How to Send Money via IMPS

1. Open the AU 0101 app and log in.
2. Tap Transfer and select IMPS.
3. Enter the beneficiary’s account number, IFSC code, and name.
4. Type the amount and confirm with MPIN or OTP.
5. Money reaches the recipient’s account within seconds.

When to Use IMPS vs NEFT vs UPI

• IMPS: Instant transfers up to Rs 5 lakh, 24×7.
• NEFT: Hourly batches, good for larger amounts or non-urgent transfers.
• UPI: Instant, ideal for small transfers under Rs 1 lakh using mobile numbers or QR codes.

Key Takeaways

• IMPS via the AU 0101 app is free for all AU SFB customers.
• Transactions are real-time and available 24×7.
• Maximum per-transaction limit is Rs 5 lakh per NPCI rules.
• Use IMPS for urgent transfers where NEFT batch timing is not suitable.

FAQ

Can I reverse an IMPS transfer if I made a mistake?

IMPS transfers cannot be automatically reversed. Contact AU SFB customer care at 1800 1200 immediately with the transaction details. The bank will coordinate with the recipient’s bank, but recovery depends on the other party’s cooperation.

Are IMPS transfers available on bank holidays?

Yes. IMPS runs on NPCI infrastructure and is available 365 days a year, 24 hours a day, regardless of bank holidays.

Is there a daily limit for IMPS from AU SFB?

AU SFB may set daily IMPS limits based on account type and KYC status. A standard account may have a limit of Rs 5 to Rs 10 lakh per day. Check the AU 0101 app under transaction limits or call customer care for your specific limit.