IMP NEFT RTGS : Phone Banking

Can you please tell about the charges & limit through NiyoX app :slightly_smiling_face:

  1. IMPS limit & Charge ?
  2. NEFT limit & charge?
  3. RTGS limit & charge ?

Will same limits & charges via internet banking too or Equitas Small Finance Bank has different charges for internet banking services?

Hey @Roshan!

The daily transaction limits for a full KYC NiyoX account are as follows:

The overall transaction limit for a day is 10 Lakh.

IMPS fund transfer limit: 5 Lakh/day
NEFT or within the bank fund transfer limit: 5 Lakh/day

Currently, there are no charges for an Online Fund Transfer. However, Equitas Small Finance Bank has the absolute discretion to amend or supplement any of the terms at any time. The Bank will levy fees and/or charges for use of the NEFT/RTGS/IMPS Request facility, which will be notified from time to time. The said charges shall be in addition to any charges, which the RBI/NPCI may levy on any given transaction.

UPI Limits:

In the first 24 hours of the UPI PIN Set:

Up to Rs.5000/day
Maximum 10 transactions/day

After 24 hours of UPI PIN Set:

Up to 1 Lakh/day
Max 10 Transactions/day
Up to 5 Lakh/month
Max. 300 transactions/month

*Monthly and daily transaction counts are not valid for merchant transfers.

Card Limits (with VISA Platinum Debit Card)

PoS Swipe + Online Transaction: 2 Lakh/day
ATM Withdrawal: 1 Lakh/day

Hope this helps you!



@Deepak Thanks for clear answer.
It’s good to hear that there’s no charges on IMPS/NEFT till now , hope it’ll continue such ways so that people can appreciate it.

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