CUB IMPS Charges, Limits, and How to Transfer
CUB IMPS Charges, Limits, and How to Transfer
IMPS through City Union Bank enables real-time fund transfers to any bank in India, 24 hours a day including holidays. CUB charges a small fee for IMPS transactions, and the credit reaches the beneficiary within seconds.
CUB IMPS Charges
- Up to Rs. 1,000: Rs. 3.50 + GST
- Rs. 1,001 to Rs. 1 lakh: Rs. 5 + GST
- Rs. 1 lakh to Rs. 2 lakh: Rs. 15 + GST
- Above Rs. 2 lakh: Rs. 25 + GST
These are indicative charges. Check the CUB schedule of charges at cityunionbank.com for the latest applicable rates.
CUB IMPS Transaction Limits
- Minimum per transaction: Rs. 1
- Maximum per transaction: Rs. 5 lakh (per NPCI guidelines)
- Daily cumulative limit may vary based on account type
How to Do IMPS via CUB mBanking App
- Open CUB mBanking and log in
- Go to Fund Transfer and select IMPS
- Add or select beneficiary using account number and IFSC, or MMID and mobile number
- Enter the transfer amount
- Confirm with MPIN or OTP
- You will receive an instant transaction reference number
How to Do IMPS via CUB Net Banking
- Log in at cityunionbank.com
- Go to Fund Transfer and choose IMPS
- Enter beneficiary details and amount
- Authorize with your transaction password or OTP
Frequently Asked Questions
Is IMPS free in CUB net banking?
No. CUB charges a fee for IMPS transfers ranging from Rs. 3.50 to Rs. 25 + GST depending on the transaction amount, even for online transfers.
What is the maximum IMPS limit in CUB?
The maximum IMPS transfer per transaction is Rs. 5 lakh as per NPCI guidelines. CUB may set a lower daily limit based on your account type.
How long does CUB IMPS take?
IMPS is an instant transfer service. The credit to the beneficiary’s account typically happens within a few seconds of the transaction being authorized.
Key Takeaways
- CUB IMPS charges: Rs. 3.50 to Rs. 25 + GST per transaction
- IMPS is available 24×7 including bank holidays
- Maximum IMPS limit: Rs. 5 lakh per transaction
- Transfer is instant; credit happens within seconds
- Available via CUB mBanking app and CUB net banking
