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SBI Increases IMPS Transaction Limit From Rs 2 Lakh To Rs 5 Lakh
04 Jan 2022, 05:32 PM IST 
In the case of branch channels, there has been no change in the service charges, SBI said.
New Delhi: To further push digital banking, the country's largest lender State Bank of India (SBI) on Tuesday decided to increase the Immediate Payment Service (IMPS) limit from Rs 2 lakh to Rs 5 lakh. "The bank has not levied any service charges on IMPS transactions up to Rs 5 lakh, done through Internet banking or Mobile Banking including YONO (app)," SBI stated in a release.
