{"id":7540,"date":"2025-07-08T11:51:34","date_gmt":"2025-07-08T11:51:34","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/?post_type=banking&p=7540"},"modified":"2025-07-08T11:51:34","modified_gmt":"2025-07-08T11:51:34","slug":"iob-neft-imps-rtgs-charges-2025-fees-limits-timings","status":"publish","type":"banking","link":"https:\/\/lemonn.co.in\/blog\/banking\/iob-neft-imps-rtgs-charges-2025-fees-limits-timings\/","title":{"rendered":"IOB NEFT, IMPS & RTGS Charges 2025: Fees, Limits & Timings"},"content":{"rendered":"\n

Need to send money through Indian Overseas Bank (IOB)<\/strong>? Whether it\u2019s a small transfer or a large business payment, IOB offers multiple methods like NEFT<\/strong>, IMPS<\/strong>, and RTGS<\/strong> \u2014 each with its own charges and benefits.<\/p>\n\n\n\n

Here\u2019s the full breakdown of IOB fund transfer charges in 2025<\/strong>.<\/p>\n\n\n\n

1. IOB NEFT Charges (2025)<\/h2>\n\n\n\n

NEFT (National Electronic Funds Transfer)<\/strong> is ideal for non-urgent money transfers.<\/p>\n\n\n\n

NEFT Charges (For Branch-Based Transactions):<\/h3>\n\n\n\n
Transaction Amount<\/th>Charges (Excl. GST)<\/th><\/tr><\/thead>
Up to \u20b910,000<\/td>\u20b92.00<\/td><\/tr>
\u20b910,001 to \u20b91 lakh<\/td>\u20b94.00<\/td><\/tr>
\u20b91 lakh to \u20b92 lakhs<\/td>\u20b914.00<\/td><\/tr>
Above \u20b92 lakhs<\/td>\u20b924.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

\u2705 No charges<\/strong> for NEFT via internet banking<\/strong> or IOB Mobile app<\/strong><\/p>\n\n\n\n

NEFT Timings:<\/h3>\n\n\n\n
    \n
  • 24\u00d77\u00d7365<\/strong> for online transactions<\/li>\n\n\n\n
  • Branch timings only<\/strong> for offline transfers<\/li>\n<\/ul>\n\n\n\n

    2. IOB IMPS Charges (2025)<\/h2>\n\n\n\n

    IMPS (Immediate Payment Service)<\/strong> is perfect for instant money transfers \u2014 available 24\u00d77, including Sundays and holidays.<\/p>\n\n\n\n

    IMPS Charges:<\/h3>\n\n\n\n
    Transaction Amount<\/th>Charges (Excl. GST)<\/th><\/tr><\/thead>
    Up to \u20b91,000<\/td>\u20b92.50<\/td><\/tr>
    \u20b91,001 to \u20b910,000<\/td>\u20b95.00<\/td><\/tr>
    \u20b910,001 to \u20b91 lakh<\/td>\u20b910.00<\/td><\/tr>
    \u20b91 lakh to \u20b92 lakhs<\/td>\u20b920.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    \u2705 IMPS is available only through IOB internet\/mobile banking<\/strong>, not at branches.<\/p>\n\n\n\n

    3. IOB RTGS Charges (2025)<\/h2>\n\n\n\n

    RTGS (Real Time Gross Settlement)<\/strong> is meant for high-value transactions \u2014 ideal for real estate payments, business deals, etc.<\/p>\n\n\n\n

    RTGS Charges (For Branch-Based Transactions):<\/h3>\n\n\n\n
    Transaction Amount<\/th>Charges (Excl. GST)<\/th><\/tr><\/thead>
    \u20b92 lakhs to \u20b95 lakhs<\/td>\u20b925.00<\/td><\/tr>
    Above \u20b95 lakhs<\/td>\u20b949.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    \u2705 No charges<\/strong> for RTGS via IOB net banking<\/strong> or mobile banking<\/strong><\/p>\n\n\n\n

    RTGS Timings:<\/h3>\n\n\n\n
      \n
    • Online: 24\u00d77 (as per RBI)<\/strong><\/li>\n\n\n\n
    • Offline (branch): During working hours<\/strong><\/li>\n<\/ul>\n\n\n\n

      FAQs<\/h2>\n\n\n
      \n
      \n
      \n

      Q1: Can I transfer money for free?<\/h3>\n
      \n\n

      A. Yes. Use IOB net banking or mobile app<\/strong> for NEFT and RTGS with zero charges<\/strong>.<\/p>\n\n<\/div>\n<\/div>\n

      \n

      Q2: Is GST included in the fees?<\/h3>\n
      \n\n

      A. No. The charges mentioned exclude GST<\/strong> (currently 18%).<\/p>\n\n<\/div>\n<\/div>\n

      \n

      Q3: Which method is best for instant transfers?<\/h3>\n
      \n\n

      A. Use IMPS<\/strong> for fast transfers below \u20b92 lakhs. Use RTGS<\/strong> for higher-value, urgent transfers.<\/p>\n\n<\/div>\n<\/div>\n

      \n

      Q4: Are there limits on NEFT\/RTGS\/IMPS?<\/h3>\n
      \n\n

      A. Yes. Limits depend on:
      Your account type
      Mode of transfer (branch or online)
      Daily transfer limits set in your IOB profile<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n

      Key Takeaways<\/h2>\n\n\n\n
        \n
      • NEFT & RTGS are free<\/strong> via IOB net banking & mobile banking<\/li>\n\n\n\n
      • IMPS is ideal for 24\u00d77 instant transfers (charges apply)<\/li>\n\n\n\n
      • Branch-based transfers include fees + GST<\/li>\n\n\n\n
      • Always prefer digital channels to save on charges<\/strong><\/li>\n<\/ul>\n\n\n\n

        <\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-7540","banking","type-banking","status-publish","hentry"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/banking\/7540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/banking"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/banking"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=7540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}