State Bank of IndiaBank transfer service

SBI Bank Transfers — NEFT, RTGS & IMPS

State Bank of India's retail bank-transfer profile for OnlineSBI, YONO and YONO Lite, separating the shared third-party daily limit from IMPS per-transaction rules, beneficiary cooling and rail-specific system mechanics.

First-party evidencePublished researchReviewed September 10, 2026Active

Open primary bank source ↗Bank dossier Compare alternatives

Eligible account / channelRequires an SBI account with transaction rights in RINB/YONO/YONO Lite. The payment rail does not change the underlying account's balance, KYC or product restrictions.

Rail / channel limitsSBI's 1 July 2024 OnlineSBI update allows a customer-set per-day third-party limit from ₹1 lakh to ₹25 lakh in ₹1 lakh steps, applying to OnlineSBI, YONO and YONO Lite. IMPS is separately capped at ₹5 lakh per transaction and by the lower of ₹25 lakh/day or the customer's chosen third-party limit. RTGS retains the RBI ₹2 lakh minimum.

Transfer / channel chargesCurrent SBI IMPS FAQ states ₹1–₹5 lakh IMPS through RINB/YONO/YONO Lite is nil, while SBI's current service-charge index also points to a revised IMPS charge notice effective 15 February 2026; that live-source tension is surfaced rather than silently resolved. SBI service-charge material lists online NEFT/RTGS as nil, with branch charges governed by the current tariff.

Rail / beneficiary relationshipThe ₹25 lakh figure is a shared customer-configurable digital third-party ceiling, not a promise that every NEFT/RTGS/IMPS transaction can be ₹25 lakh. IMPS has its own ₹5 lakh per-transaction cap and new-beneficiary controls.

Research processPublished by bankingreference.info

Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.

6 first-party sourcesFirst-party conflict preserved

Last checkedSeptember 10, 2026

Recorded source review date, not a claim that the product changed that day.

Maintenance stateRecheck approaching

Target recheck: November 24, 2026.

How to verifyMethodology · Editorial policy

Coverage & freshness → · Report an error · About

Critical decision facts

Channel scope and security state determine what the published limit really means.

Rail, channel, beneficiary, cooling, authentication and recovery rules stay separate instead of being compressed into one generic digital-banking number.

01 · Eligible account / channelRequires an SBI account with transaction rights in RINB/YONO/YONO Lite. The payment rail does not change the underlying account's balance, KYC or product restrictions.

02 · Rail / channel limitsSBI's 1 July 2024 OnlineSBI update allows a customer-set per-day third-party limit from ₹1 lakh to ₹25 lakh in ₹1 lakh steps, applying to OnlineSBI, YONO and YONO Lite. IMPS is separately capped at ₹5 lakh per transaction and by the lower of ₹25 lakh/day or the customer's chosen third-party limit. RTGS retains the RBI ₹2 lakh minimum.

03 · Transfer / channel chargesCurrent SBI IMPS FAQ states ₹1–₹5 lakh IMPS through RINB/YONO/YONO Lite is nil, while SBI's current service-charge index also points to a revised IMPS charge notice effective 15 February 2026; that live-source tension is surfaced rather than silently resolved. SBI service-charge material lists online NEFT/RTGS as nil, with branch charges governed by the current tariff.

04 · Rail / beneficiary relationshipThe ₹25 lakh figure is a shared customer-configurable digital third-party ceiling, not a promise that every NEFT/RTGS/IMPS transaction can be ₹25 lakh. IMPS has its own ₹5 lakh per-transaction cap and new-beneficiary controls.

Exact product-type evidence

Bank transfer service evidence stays in its own structure.

Specialist fields below remain source-scoped. Missing values stay missing; one banking product type is never used to manufacture facts for another.

Bank-transfer rail map

NEFT, RTGS and IMPS share a beneficiary journey, not one universal limit.

System mechanics are kept separate from bank, channel, account, beneficiary and temporary security limits. Reviewed September 10, 2026.

Channels / scopeOnlineSBI (RINB), YONO and YONO Lite for eligible retail customers; branch routes remain separate and can carry different charges/limits.

AuthenticationTransaction rights are required. SBI documents OTP approval for beneficiary addition and OTP authorization in online IMPS journeys; the customer-set third-party limit is also approved with OTP.

NEFTRBI NEFT has no system-level floor or ceiling and settles in 48 half-hourly batches 24x7x365. SBI applies the customer's digital third-party limit, currently configurable from ₹1 lakh to ₹25 lakh per day across NEFT/RTGS/IMPS/general-category merchants.

RTGSRBI RTGS is real-time 24x7x365 with a ₹2 lakh minimum and no RBI maximum. SBI's retail digital third-party ceiling remains customer-set up to ₹25 lakh/day, so the bank/channel limit can be lower than the RBI system capacity.

IMPSSBI's current FAQ states ₹5 lakh per transaction, available 24x7, with cumulative online outward transfers up to ₹25 lakh/day or the customer-set third-party limit, whichever is lower. Quick Transfer without adding a beneficiary is separately capped at ₹50,000/day across RINB/YONO/YONO Lite.

Beneficiary controlsUp to eight beneficiaries can be approved per calendar day in the cited IMPS FAQ (four interbank + four intrabank). Beneficiaries approved 6 AM–8 PM activate within one hour; later approvals activate after 6 AM next day.

Cooling / first-use stateFor the first four days after activation of a new beneficiary, SBI caps total transfers to that beneficiary at ₹5 lakh; after cooling, the normal per-transaction and daily controls apply.

Charges / waiver scopeCurrent IMPS FAQ says ₹1–₹5 lakh online IMPS is nil; the September 2026 SBI service-charge page also links a revised IMPS charge notice effective 15 February 2026, so the engine flags a live charge-source conflict. Online NEFT/RTGS are treated from SBI's service-charge material as nil; branch tariffs remain separate.

Availability / settlementIMPS is immediate and 24x7. NEFT is 24x7 in RBI half-hourly batches. RTGS is 24x7 real time. SBI channel maintenance or account restrictions can still interrupt availability.

Failure / return / reversalSBI says incomplete IMPS transactions reverse immediately where possible; reconciliation cases reverse in T+1 days. Beneficiary/account details remain customer-responsibility controls.

Maintained terms

Fees, balances, benefits, limits and eligibility without a single-score shortcut.

These six fields are the cross-product layer. The specialist section above controls whenever a type-specific field is more precise.

Eligible account / channelRequires an SBI account with transaction rights in RINB/YONO/YONO Lite. The payment rail does not change the underlying account's balance, KYC or product restrictions.

NEFT / RTGS / IMPS coverageNEFT, RTGS and IMPS are available through SBI's retail digital channels; customers can set a shared per-day third-party transaction limit for NEFT/RTGS/IMPS and use IMPS for immediate 24x7 transfers.

Transfer access / eligibilityRegistered SBI retail Internet/mobile-banking users with transaction rights and sufficient balance; rail, beneficiary and account-mode restrictions remain applicable.

Fit & cautions

Who this record appears designed for—and what can break the fit.

Best-fit wording summarizes the published proposition. It is not individualized financial advice or an approval prediction.

Potential fit

SBI retail customers who want one evidence-backed view of NEFT, RTGS and IMPS limits across OnlineSBI/YONO while keeping the four-day new-beneficiary security state separate from the normal ₹25 lakh third-party ceiling.

Verify before relying

An IMPS beneficiary approved between 6:00 AM and 8:00 PM is activated within one hour; approvals after 8:00 PM activate after 6:00 AM the next day. During the first four days after activation, transfers to that new beneficiary are capped at ₹5 lakh in total.
SBI's current IMPS FAQ says eligible online IMPS up to ₹5 lakh is nil-charge, but the bank's September 2026 service-charge index separately advertises revised IMPS transaction charges effective 15 February 2026. Verify the linked live charge notice before relying on zero cost.
RBI's lack of a NEFT system ceiling and RTGS lack of an RBI maximum do not override SBI's customer-set ₹25 lakh digital third-party ceiling.

Maintained comparisons

Compare this product only where the pair is deliberately maintained.

Both sides keep independent review dates, exact conditions and first-party evidence. No winner score is generated.

State Bank of IndiaSBI Bank Transfers — NEFT, RTGS & IMPSHDFC BankHDFC Bank Transfers — NEFT, RTGS & IMPSOpen comparison

Latest recorded review September 10, 2026Maintained pair Source-backed

Decision checks