{"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":[],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"web-stories-poster-portrait":false,"web-stories-publisher-logo":false,"web-stories-thumbnail":false},"uagb_author_info":{"display_name":"Sanjit Chakrabortty","author_link":"https:\/\/lemonn.co.in\/blog\/author\/"},"uagb_comment_info":0,"uagb_excerpt":"Need to send money through Indian Overseas Bank (IOB)? Whether it\u2019s a small transfer or a large business payment, IOB offers multiple methods like NEFT, IMPS, and RTGS \u2014 each with its own charges and benefits. Here\u2019s the full breakdown of IOB fund transfer charges in 2025. 1. IOB NEFT Charges (2025) NEFT (National Electronic…","_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}]}}