These are SBI's revised IMPS transfer charges
Largest public sector lender has waived funds transfer charges for an IMPS of Rs 1,000.
![The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH). The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).](https://s3.ap-southeast-1.amazonaws.com/images.asianage.com/images/aa-Cover-tufma193bdvol5oc2hedarbgv6-20170216125618.Medi.jpeg)
Representational Image.
Mumbai: With the implementation of the Goods and Services Tax, the State Bank of India has revised its Immediate Payment System (IMPS) transfer charges. And in order to promote small ticket size transactions, SBI has waived off IMPS charges for transfer up to Rs 1,000.
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