Karnataka Bank IMPS Charges Limits and Guide
Karnataka Bank IMPS: Charges, Limits, and How to Use
Karnataka Bank IMPS transfers via KBL Mobile+ and net banking are free of charge, and funds reach the recipient instantly at any time of day or night. Branch IMPS transactions may carry nominal charges depending on the transfer amount.
Karnataka Bank IMPS Charges
- Online (KBL Mobile+ or net banking): Free
- Branch (up to Rs. 1 lakh): Rs. 5 per transaction
- Branch (Rs. 1 lakh to Rs. 2 lakh): Rs. 15 per transaction
GST is applicable on branch charges. Verify the latest schedule at ktkbank.com as charges may be updated.
IMPS Transaction Limits
- Minimum: Rs. 1
- Maximum per transaction: Rs. 5 lakh
- Daily limit: Up to Rs. 5 lakh (subject to account settings)
IMPS vs NEFT: Quick Difference
- IMPS: Instant settlement, 24×7, up to Rs. 5 lakh
- NEFT: Half-hourly batch settlement, 24×7, no upper limit
- Use IMPS when speed matters; use NEFT for large transfers or when timing is flexible.
How to Send Money via IMPS on KBL Mobile+
- Open KBL Mobile+ and tap Fund Transfer.
- Select IMPS.
- Choose a saved beneficiary or add a new one.
- Enter the amount and tap Send.
- Confirm with OTP.
FAQ
Is IMPS available 24 hours at Karnataka Bank?
Yes. IMPS is a real-time, round-the-clock payment system. Transactions process instantly on all days including Sundays and public holidays.
What is the maximum IMPS transfer limit at Karnataka Bank?
The maximum IMPS transfer is Rs. 5 lakh per transaction. For amounts above this, use NEFT or RTGS.
What happens if my Karnataka Bank IMPS transaction fails?
If money is debited but not credited, the amount is auto-reversed within 24 to 48 hours. If not reversed, raise a dispute via KBL Mobile+ or call 1800 425 1444.
Key Takeaways
- Online IMPS via KBL Mobile+ is free; branch IMPS costs Rs. 5 to Rs. 15 plus GST.
- IMPS is instant and available 24×7, unlike NEFT which processes in batches.
- Maximum IMPS limit is Rs. 5 lakh per transaction.
- For transfers above Rs. 5 lakh, use NEFT or RTGS instead.
