SBI to impose nominal charges on IMPS beyond Rs 25,000 transfer from August 15 - Business News, Finance News, Share Market News - Market trendz

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Thursday, 14 August 2025

SBI to impose nominal charges on IMPS beyond Rs 25,000 transfer from August 15


State Bank of India (SBI) has revised its IMPS charges, effective August 15th. Online fund transfers exceeding Rs 25,000 will now incur nominal charges ranging from Rs 2 to Rs 10, plus GST. Salary package account holders and specific current account holders are exempt from these charges, while revised charges for corporate customers will take effect from September 8, 2025.

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