Payments

IMPS limit

4 min read

May 20, 2026

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Immediate Payment Service (IMPS) is a real-time payment system that allows you to transfer funds instantly across banks in India. This service, regulated by the National Payments Corporation of India (NPCI), is available 24/7, including bank holidays. With the growing reliance on digital banking, understanding the IMPS transaction limit is important for managing your finances efficiently.

What is the IMPS transaction limit?

An IMPS transaction limit refers to the maximum and minimum amounts you can transfer in a single transaction or within a day using the platform. The Reserve Bank of India (RBI) has set a standard upper limit for IMPS transactions.

Maximum, minimum and daily IMPS limits

Maximum limit

The RBI has set the upper limit for an IMPS transaction at ₹5 lakhs. However, some banks may offer the flexibility to transfer higher amounts, especially for Premium, Corporate, or Business Accounts.

Minimum limit

The minimum transaction amount is ₹1, allowing you to transfer very small amounts. However, most IMPS transactions tend to be for larger sums as it is designed for quick, real-time transfers, often for urgent or substantial payments.

IMPS daily limit

The limit for individual transactions is ₹5 lakhs.

Conclusion

IMPS is a convenient and reliable mode of instant money transfer available across all banks in India. While the standard IMPS transfer limit per day is set at ₹5 lakh, know that these limits are subject to change, and individual banks may impose restrictions based on factors like the user’s account type (Savings, Current, Premium), security protocols, or other banking policies. Therefore, checking with your bank for specific details on IMPS transactions and daily limits applicable to your account is always a good idea.

If you're looking for a seamless and secure way to transfer funds instantly, Axis Bank IMPS provides 24x7 instant transactions with ₹5 lakh a day limit and per transaction. With Axis Bank’s Internet Banking and Mobile Banking, you can enjoy fast, secure, and hassle-free fund transfers anytime, anywhere.

Frequently asked questions

1. What is the IMPS limit per day?

The IMPS limit per day is typically ₹5 lakhs, but this may vary depending on the bank. You should check with your bank for the exact limit applicable to your account.

2. What are the timings for IMPS transactions?

IMPS transactions can be made 24/7, including weekends and bank holidays. However, some banks may have internal cut-off times for certain types of transactions.

3. What is the maximum transaction per day for IMPS?

The IMPS maximum limit per day is ₹5 lakhs, but this may vary depending on the bank’s policies and your account type. You may need to use NEFT or RTGS if you require higher transfer amounts.

Disclaimer:This article is intended solely for informational purposes. The views expressed in this article are personal. Axis Bank and/or the author shall not be liable for any direct or indirect loss or liability incurred by the reader arising from reliance on the content herein. Readers are advised to consult a qualified financial advisor before making any financial decisions. Axis Bank does not endorse or guarantee the accuracy of any third-party content or links included in this article.