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Bank of Baroda · statement narration

IMPS CHG

IMPS CHG on your Bank of Baroda statement — A charge on an IMPS instant transfer. The bank publishes a rate table, not one figure; the rates are below.

Also printed as

IMPS CHARGES, IMPS COMM, IMPS TXN CHG.

Hinglish mein

IMPS instant transfer par lagne wala charge.

What it costs, including GST

Retail Banking Service Charges · Other

Read 2026-08-09

Retail IMPS through Digital Channels — transaction amount slab

RateBank’s figureWith 18% GST
Up to Rs 1,000₹2.50₹2.95
Rs 1,001 to Rs 25,000₹5₹5.90
Rs 25,001 to Rs 5,00,000₹15₹17.70

The bank's figure is before tax, so 18% GST is added on top.

Applies when: Retail customers; Digital Channels only. The current source table does not expose a corresponding retail branch value in the rendered rows, so no retail-branch rule is inferred.

Why it happened

An IMPS transfer was sent from your account.

How to avoid it

Use UPI for smaller amounts, or NEFT through digital banking, both of which usually carry no charge.