IMPS transactions up to ₹1,000 are not chargeable. From 1,000 to 10,000, one would have to pay ₹2.5+GST as IMPS charges. ₹10,001 up to ₹1 Lakh, and ₹1,00,000 – ₹2,00,000, charges of ₹5+GST, ₹15+GST are applicable, respectively.