From now on, you can transfer Rs 5 lakh via IMPS. Earlier the limit for IMPS transfer was Rs 2 lakh.
In a bid to provide relief to thousands of customers, the Reserve Bank of India on Friday enhanced the limit the Immediate Payment Service (IMPS) on October 8. From now on, you can transfer Rs 5 lakh via IMPS. Earlier the limit for IMPS transfer was Rs 2 lakh.
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