I have a current account with HDFC Bank for my business transactions, and I often rely on IMPS for quick transfers. Could you please tell me what the IMPS daily transfer limit is for HDFC current account holders?
I can relate to your query, as I also use an HDFC current account for business payments and often prefer IMPS for its speed and 24x7 availability. For current account holders in HDFC Bank, the IMPS daily limit is the same as other accounts, but it is capped based on RBI and bank-specific rules.
IMPS Daily Limit for HDFC Current Accounts:
• HDFC Bank allows IMPS transfers up to ₹2,00,000 per day per account.
• This applies to both savings and current accounts, including business transactions.
• If you need to transfer amounts higher than ₹2 lakh, you can use NEFT or RTGS, which are designed for large-value business payments.
Key Things to Note:
• IMPS is available 24x7, including weekends and bank holidays, making it convenient for urgent business transfers.
• Transaction charges may apply depending on the amount transferred, generally ranging from ₹3.50 to ₹15 + taxes.
• The limit may also depend on the mode of transaction (NetBanking, MobileBanking, or UPI-linked IMPS).
Official Reference:
You can verify the IMPS details on the HDFC Bank official website here: