Bank of Baroda · statement narration
IMPS CHG
A charge on an IMPS instant transfer.
In plain English
A charge on an IMPS instant transfer.
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
Up to Rs 1,000: ₹2.50 · Rs 1,001 to Rs 25,000: ₹5.00 · Rs 25,001 to Rs 5,00,000: ₹15.00
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 small amounts or NEFT through digital banking, both of which usually carry no charge.