Money Transfer – IMPS Limit Increased from Rs 10,000 to Rs 20,000

May 16, 2017 Lohi News & Updates

Happy to inform that Money Transfer – IMPS limit is now enhanced from Rs 10,000 to 20,000 with effect from 16-05-2017 10 : 00 AM onwards
Rs 20,000 transaction will process as 4 transaction each amounting Rs 5000 and charges will be debited as per your slab
For example if your transaction slab charges as below
3001 – 4000 – Rs 20
4001 – 5000 – Rs 30
And you are transferring Rs 19,000 then translation charges will be debited as below
Rs 5000 – Rs 30
Rs 5000 – Rs 30
Rs 5000 – Rs 30
Rs 4000 – Rs 20
Total Charges is Rs 110 / –

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