Punjab National Bank (PNB) offers electronic payment transfer methods for its users such as NEFT, RTGS and IMPS. It is one of the oldest banks in India offering multiple range of banking products such as Loans, Investments, Cards, Fund Transfers and many more. One of the most talked about services is PNB IMPS, which allows customers to transfer funds to the beneficiary account using the electronic mode in real-time. However, Punjab National Bank charges certain amount of fees for availing IMPS service, known as PNB IMPS charges. In this article, we would discuss about the PNB IMPS charges in detail.
What is IMPS?
Immediate Payment Service (IMPS) refers to the electronic payment system where customers can transfer funds to the recipient’s account in real time. The IMPS transactions are generally carried out for small value transaction and are the fastest modes to make any payments.
What are PNB IMPS Charges?
There are certain charges that users pay to the Punjab National Bank for processing the IMPS transactions. Given below are the PNB IMPS charges-
Slab | Charges Through Internet Banking / Mobile Banking | Charges Through Branch |
Upto Rs. 1000 | NIL | NIL |
Rs. 1001 to Rs. 1 lakh | Rs. 5 + GST | Rs. 6 + GST |
Above Rs. 1 Lakh | Rs. 10 + GST | Rs. 12 + GST |
How to Initiate an IMPS Transaction with PNB?
To make an IMPS transaction, the sender is required to provide below-mentioned details of the beneficiary-
- Name of the bank and branch
- IFSC code

- Name of the account holder
- Account number
- Amount to be transferred
Also, check all related details about the IMPS:
PNB IMPS Charges : FAQs
The minimum amount required for IMPS transfer in PNB is Re.1.
The maximum limit that can be transferred using IMPS is Rs. 5 lakhs per transaction.
Yes. You can make an IMPS transaction using online modes i.e. Mobile Banking and Internet Banking.
IMPS transfer are processed immediately i.e. in real-time. The amount will be transferred to the recipient’s account within fraction of seconds.
No, there are no additional charges for IMPS transactions initiated outside banking hours as the service is available 24×7.
The IMPS stands for Immediate Payment Service.