Indian Bank · statement narration
IMPS CHG
IMPS CHG on your Indian Bank statement — A charge on an IMPS instant transfer. The bank publishes a rate table, not one figure; the rates are below.
Read from Indian Bank — Service Charges (Last Updated 20.04.2026) on 2026-09-05.
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 · General
IMPS: Rs 2.50 up to Rs 1,000, Rs 5 from Rs 1,001 to Rs 25,000, and Rs 15 from Rs 25,001 to Rs 5 lakh, at the same rate at the branch and at internet and mobile banking.
| Rate | Bank’s figure | With 18% GST |
|---|---|---|
| Up to Rs 1,000 | ₹2.50 | ₹2.95 |
| Rs 1,001 to Rs 10,000 | ₹5 | ₹5.90 |
| Rs 10,001 to Rs 25,000 | ₹5 | ₹5.90 |
| Rs 25,001 to Rs 1,00,000 | ₹15 | ₹17.70 |
| Above Rs 1 lakh to Rs 2 lakh | ₹15 | ₹17.70 |
| Above Rs 2 lakh to Rs 5 lakh | ₹15 | ₹17.70 |
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Indian Bank IMPS. The schedule states the same rate at the branch and at internet and mobile banking, so no channel split is stored. Not applicable to staff and ex-staff. GST is additional.
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.