Kotak IMPS Charges (2026) – Fees, Limits & Timings Explained
If you use IMPS (Immediate Payment Service) with Kotak Mahindra Bank, it’s important to know the charges, limits, and timings before making a transfer. Here’s a simple, up-to-date guide in easy Indian English.
Quick Summary: Kotak IMPS Charges
- Service availability: 24×7 (including Sundays & bank holidays)
- Credit time: Instant (usually within seconds)
- Charges: May vary based on amount and account type
- Channels: Mobile banking, net banking, ATM
Kotak IMPS Charges (Indicative)
Kotak’s IMPS fees are typically slab-based. Below is the commonly followed structure, but exact charges may vary by account type or promotional offers.
| IMPS Transfer Amount | IMPS Charges (₹) |
|---|---|
| Up to ₹1,000 | ₹0 – ₹5 |
| ₹1,001 to ₹25,000 | ₹5 – ₹6 |
| ₹25,001 to ₹1 lakh | ₹6 – ₹10 |
| Above ₹1 lakh | ₹10 – ₹15 |
Note: Some Kotak savings accounts may offer free IMPS transfers, especially via the mobile app. Always check in your Kotak banking app for confirmation.
IMPS Transaction Limits – Kotak Bank
- Per transaction limit: Typically up to ₹2 lakh
- Daily limit: Depends on your account and channel
- Minimum amount: ₹1
Limits can be customised in Kotak Net Banking or Mobile Banking.
How to Do IMPS from Kotak Bank
You can use IMPS through:
1. Kotak Mobile Banking App
- Login → Payments/Transfer
- Select IMPS
- Enter beneficiary details (Mobile+MMID or Account+IFSC)
- Confirm and transfer
2. Kotak Net Banking
- Login → Fund Transfer
- Choose IMPS
- Enter amount and beneficiary
- Submit with OTP
3. Kotak ATM
- Insert debit card → Fund Transfer
- Select IMPS
- Enter beneficiary details
FAQs: Kotak IMPS Charges
Is IMPS free in Kotak Bank?
A. IMPS may be free for some Kotak accounts and digital channels. Charges depend on your account variant.
Are IMPS charges deducted immediately?
A. Yes, any applicable charges are debited instantly along with the transfer amount.
Is IMPS available at night?
A. Yes. IMPS works 24×7, including late nights, weekends, and holidays.
What if IMPS fails but money is debited?
A. The amount is usually auto-reversed within 24 hours. If not, contact Kotak customer care.
Troubleshooting IMPS Issues
- Ensure sufficient balance (including charges)
- Check daily IMPS limit
- Verify beneficiary IFSC/MMID
- Update your mobile app to the latest version
Security Tips for IMPS Transfers
- Never share OTP or MPIN
- Double-check beneficiary details
- Use official Kotak app or website only
- Enable SMS/email alerts for transactions
Conclusion
Kotak IMPS is a fast, reliable, and mostly low-cost way to send money instantly. Charges are usually minimal and, in many cases, free for digital users. Since fees and limits can vary, the safest option is to check your Kotak Mobile Banking app before transferring.
