Is there a limit to the number of transactions I can make through IMPS in a day?

Yes, there is a limit to the number of transactions you can make through IMPS (Immediate Payment Service) in a day. The limit is set by the National Payments Corporation of India (NPCI), the organization that manages IMPS, and individual banks may also have their own policies and limits in place.

IMPS services can be availed 24×7. There is no limit on the number of transactions carried out per day.
However, it's important to note that this limit may be subject to change. The NPCI periodically reviews and updates the transaction limits based on evolving requirements and security considerations. Therefore, it's advisable to check with your bank or refer to the latest guidelines from the NPCI to get the most uptodate information on the transaction limits applicable to IMPS.

Additionally, while there is a limit on the number of transactions, there may also be cumulative limits on the total amount of funds you can transfer in a day through IMPS. These cumulative limits consider the combined value of all transactions initiated within a specific period (e.g., daily, weekly, or monthly).

To know the exact transaction limits, including both the number of transactions and cumulative limits, applicable to your account, it is recommended to refer to your bank's official documentation, contact their customer support, or visit the bank branch. They will be able to provide you with the specific transaction limits based on your account type and banking relationship.

Complying with the transaction limits ensures a smooth and secure IMPS experience while adhering to the regulations and guidelines set by the NPCI and your bank.