ICICI Bank IMPS Charges – Fees, Limits & Rules (2026)
ICICI Bank IMPS charges depend on the transfer amount and account type. IMPS (Immediate Payment Service) allows instant money transfer 24×7, including weekends and bank holidays.
Below is a clear, updated guide in simple Indian English.
Quick Summary: ICICI Bank IMPS Charges
- Transfer type: IMPS
- Speed: Instant
- Availability: 24×7
- Charges: Amount-based (often free for many users)
- GST: Extra, if applicable
ICICI Bank IMPS Charges (Indicative)
Charges may vary by savings account variant, salary account, or special offers. Always check in the iMobile app or net banking before confirming.
| IMPS Transfer Amount | IMPS Charges* |
|---|---|
| Up to ₹1,000 | Free – ₹2.50 |
| ₹1,001 to ₹25,000 | ₹2.50 – ₹5 |
| ₹25,001 to ₹1 lakh | ₹5 – ₹10 |
| Above ₹1 lakh | ₹10 – ₹15 |
*GST may be charged extra on the service fee.
Many ICICI savings and salary accounts offer FREE IMPS, especially when done through the iMobile app or net banking.
When Are IMPS Charges Applied?
IMPS charges may apply when:
- You exceed free transaction limits (if any)
- You use certain non-digital channels
- Your account type does not include free IMPS
In-app IMPS transfers are often free for retail users.
ICICI Bank IMPS Limits (Indicative)
- Per transaction limit: As defined by ICICI Bank
- Daily limit: Depends on account type and security level
Limits are clearly shown on the confirmation screen before payment.
How to Check Exact IMPS Charges Before Transfer
You can confirm charges by:
- Checking the iMobile Pay app during transfer
- Using ICICI net banking
- Contacting ICICI customer care
- Visiting your home branch
IMPS vs Other ICICI Transfer Charges
| Method | Speed | Charges |
|---|---|---|
| IMPS | Instant | Low / Often free |
| NEFT | Near real-time | Usually free |
| RTGS | Real-time (₹2L+) | Low / Often free |
| UPI | Instant | Free |
Common Questions & Tips
IMPS failed – will charges be deducted?
- If IMPS fails and amount is reversed, charges are usually not applied
- Reversal typically happens within a few hours
Is IMPS cheaper than RTGS?
- For small amounts, IMPS is cheaper and faster
- RTGS is meant for large-value transfers
FAQs: ICICI Bank IMPS Charges
Q1. Is IMPS free in ICICI Bank?
A. For many savings and salary accounts, yes—especially via iMobile or net banking.
Q2. Does ICICI charge IMPS at night or on holidays?
A. Charges remain the same. IMPS works 24×7.
Q3. Is GST charged on IMPS?
A. GST applies only on the service fee, not on the transfer amount.
Q4. Can IMPS charges change?
A. Yes. Charges may change as per bank policy.
Conclusion
ICICI Bank IMPS charges are generally low or zero for most retail customers, making IMPS a fast and cost-effective way to send money instantly. Before transferring, always check the on-screen charges in the app or net banking to avoid surprises.
