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HDFC Bank NEFT IMPS Limits for New Payee Added

HDFC bank has some limits for NEFT and IMPS new payee added and these limits are applicable for first 24 hours. The newly added beneficiary will be activated after 30 minutes of adding. After adding the beneficiary, the amounts that can be transferred are as following:

1) NEFT :- Maximum of Rs. 50,000 can be transferred for the 1st 24 hours, and Rs. 100,000 can be transferred for the first 48 hours.

2) IMPS :- Rs 10k in first 24 hours and Rs 25k in first 48 hours.After this cooling period,the Third Party Transfer limits will apply.

An added beneficiary to whom no funds are transferred for more than 24 months, is treated as a new beneficiary in all respects.

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