Finance
Sock JohnsonSBI Cranks Up IMPS Charges: Are You Ready to Pay?
Listen up, financial warriors! SBI just turned up the dial on IMPS transfer charges after hiking ATM fees. Starting February 15, if you're sending over 25,000 rupees online, it'll cost you! But fear not, transfers under 10,000 are still free—so keep those small transactions rolling. SBI's got your back for salaries and special accounts, flex those financial muscles!
few days ago | Amit Kumar
Quick rundown
1.SBI hikes IMPS charges for online transfers above Rs 25,000.
2.New IMPS charges effective from February 15.
3.Branch IMPS transfers remain free for amounts up to Rs 10,000.
4.Certain salary and special accounts are exempt from new charges.
5.Changes reflect SBI's broader recalibration of transaction pricing.
