HDFC Bank Limited · 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
Savings & Salary Accounts — Service Charge Portfolio · General
₹0
There is nothing to tax — this rule publishes no charge.
Applies when: Inward IMPS transactions.
Savings & Salary Accounts — Service Charge Portfolio · Other
Online outward IMPS transaction amount
| Rate | Bank’s figure | With 18% GST |
|---|---|---|
| Up to Rs 1,000 | ₹2.50 | ₹2.95 |
| Above Rs 1,000 up to Rs 1 lakh | ₹5 | ₹5.90 |
| Above Rs 1 lakh | ₹15 | ₹17.70 |
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Outward IMPS online transactions. Underlying tariff applies to non-waived customers; published Imperia/Preferred waiver applies separately.
Documented waiver: IMPS Fund Transfers are free for Imperia and Preferred Customers as stated on the official HDFC IMPS fee page.
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.