RBL Bank IMPS Charges and How to Transfer Money
RBL Bank IMPS Charges and How to Transfer Money
RBL Bank IMPS transfers done through RBL MoBANK+ or net banking are generally free or carry minimal charges depending on the transfer amount. IMPS is the fastest transfer method, crediting the recipient instantly any time of day or night.
RBL Bank IMPS Charges
- Online via RBL MoBANK+ or net banking: Free for most transactions (check current schedule for high-value transfers).
- Branch IMPS up to Rs. 1 lakh: Rs. 5 plus GST
- Branch IMPS Rs. 1 lakh to Rs. 2 lakh: Rs. 15 plus GST
- Branch IMPS above Rs. 2 lakh: Rs. 25 plus GST
Always check the current schedule of charges on the official RBL Bank website, as these may change.
IMPS Transaction Limit
The maximum IMPS transaction limit as per NPCI guidelines is Rs. 5 lakh per transaction. RBL Bank may set its own daily limits on top of this.
How to Transfer Money via IMPS on RBL MoBANK+
- Log in to RBL MoBANK+.
- Go to Fund Transfer and select IMPS.
- Add a new beneficiary using their account number and IFSC code, or use their mobile number and MMID.
- Enter the amount and a reference note.
- Verify with your UPI PIN or OTP and confirm.
- You will receive a success message and transaction reference number.
When to Use IMPS
- Urgent transfers that need to reach the recipient in seconds.
- Transfers outside bank working hours, weekends, or holidays.
- Amounts up to Rs. 5 lakh where speed matters.
FAQ
Is IMPS instant in RBL Bank?
Yes, IMPS transfers are credited to the beneficiary almost instantly, typically within a few seconds to a few minutes. It is available 24×7 including holidays.
What is the IMPS limit in RBL Bank?
NPCI sets the maximum at Rs. 5 lakh per transaction. RBL Bank may have its own daily limit. Check the app or website for the latest applicable limits.
What happens if an IMPS transfer fails in RBL Bank?
If the amount is debited but not credited to the beneficiary, it is typically reversed within 1 to 3 working days. Raise a complaint through RBL MoBANK+ or call 1800 121 9050 if the reversal does not happen.
Key Takeaways
- Online IMPS via RBL MoBANK+ is free or low-cost.
- IMPS is instant and available 24×7 including holidays.
- Maximum IMPS limit is Rs. 5 lakh per transaction.
- For failed transactions, raise a dispute if reversal is delayed.
- Choose IMPS when speed is the priority over NEFT or RTGS.
