IMPS Charges in Axis Bank – Fees, Limits & Rules (2026)
Axis Bank IMPS charges are the fees applied when you transfer money instantly using the Immediate Payment Service (IMPS). IMPS is available 24×7, including weekends and bank holidays, making it ideal for urgent fund transfers.
Quick Summary
- Bank: Axis Bank
- Transfer mode: IMPS
- Availability: 24×7
- Speed: Instant
- Charges: Based on transfer amount
- GST: Extra, as applicable
Axis Bank IMPS Charges (Latest Slabs)
Axis Bank IMPS charges usually depend on the amount transferred.
| IMPS Amount | Charges (₹) |
|---|---|
| Up to ₹1,000 | ₹2.50 |
| ₹1,001 – ₹25,000 | ₹5 |
| ₹25,001 – ₹1 lakh | ₹15 |
| ₹1,00,001 – ₹2 lakh | ₹25 |
Charges are indicative and may vary by account type. GST is extra.
Axis Bank IMPS Charges for Different Channels
IMPS via Mobile Banking / Net Banking
- Charges usually apply as per slab
- Some premium or salary accounts may get free IMPS
IMPS via Branch
- Higher charges may apply
- Limited availability
Axis Bank IMPS Transfer Limit
- Minimum amount: ₹1
- Maximum per transaction: Up to ₹2 lakh (IMPS limit)
- Daily limit: Set by Axis Bank (varies by customer profile)
When Are IMPS Charges Deducted?
- IMPS charges are deducted immediately from your account
- Amount is shown separately in your transaction statement
IMPS Failed but Amount Debited?
- Amount is usually reversed within 1 working day
- If not, contact Axis Bank with the IMPS reference number
IMPS vs NEFT – Axis Bank Comparison
| Feature | IMPS | NEFT |
|---|---|---|
| Speed | Instant | Batch-based |
| Availability | 24×7 | 24×7 |
| Charges | Usually chargeable | Often free online |
| Best for | Urgent transfers | Planned payments |
FAQs on Axis Bank IMPS Charges
Is IMPS free in Axis Bank?
A. IMPS is chargeable for many account types, but some accounts may offer free transactions.
Is GST charged on IMPS fees?
A. Yes, GST is applicable on IMPS charges.
Can IMPS be done on holidays?
A. Yes, IMPS works 24×7, including holidays.
What is the maximum IMPS limit?
A. IMPS allows transfers up to ₹2 lakh per transaction.
Conclusion
Axis Bank IMPS is a fast and reliable fund transfer option, but it usually comes with transaction charges depending on the amount and account type. Always check your Axis Bank app or net banking for exact charges applicable to your account.
