What is the Limit of IMPS?
IMPS transactions involve a limit of ₹5 lakhs per user per account per day and are subject to the availability of funds in the user’s account. This limit has been imposed in view of the security of the users and to prevent any fraudulent transactions in the user’s account. It also ensures that the servers are not flooded with requests and every user is able to do the transaction effortlessly and easily with minimal failure and errors.