IDFC FIRST 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 Account — Common Service Charges · General
₹0
There is nothing to tax — this rule publishes no charge.
Applies when: IDFC FIRST Bank Savings Account. The official page lists IMPS among fund-transfer options available through internet banking, mobile app, ATMs and branch visits and states these transfers are without any additional charges.
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.