HDFC Bank IMPS Charges: Fees, Limits & Rules (India, 2026)
IMPS (Immediate Payment Service) lets you transfer money instantly, 24×7. HDFC Bank applies slab-based charges, mainly for outward IMPS.
Quick Summary
- Availability: 24×7 (including holidays)
- Credit time: Instant
- Charges: Slab-wise (outward transfers)
- Inbound IMPS: Usually free
HDFC Bank IMPS Charges (Indicative)
Outward IMPS (Sending Money)
| Transfer Amount | Charges* |
|---|---|
| Up to ₹1,000 | ₹2.50 + GST |
| ₹1,001 – ₹25,000 | ₹5 + GST |
| ₹25,001 – ₹1 lakh | ₹10 + GST |
| ₹1 lakh – ₹5 lakh | ₹15 + GST |
*Charges may vary by account type or channel.
Inward IMPS (Receiving Money)
- ₹0 (Free) in most cases
IMPS Limits – HDFC Bank
- Per transaction: Up to ₹5 lakh (may vary)
- Daily limit: Depends on account profile and channel (net/mobile banking)
How IMPS Charges Are Applied
- Charges are debited instantly from your account
- GST is applied on the service fee (not on the transfer amount)
IMPS vs NEFT vs RTGS (Cost Snapshot)
| Mode | Charges (Online) | Speed |
|---|---|---|
| IMPS | Chargeable | Instant |
| NEFT | Usually Free | Near-real-time |
| RTGS | Often Free | Real-time (₹2L+) |
FAQs – HDFC IMPS Charges
Q1. Is IMPS free in HDFC Bank?
A. No. IMPS usually has small charges for outward transfers.
Q2. Are charges same on mobile and net banking?
A. Typically yes, but may vary by channel or account type.
Q3. Is GST charged on IMPS?
A. Yes, GST applies on the service fee.
Conclusion
HDFC Bank IMPS charges are modest and slab-based, making IMPS ideal for urgent transfers despite a small fee. For cost-free transfers, NEFT is a good alternative when time isn’t critical.
