Wednesday, January 18, 2017

UPI Charges

Proposed UPI charges VS Others
It is interesting to know what are the charges of alternative payment methods. The numbers would leave you surprised. The UPI would charge too low.

Transaction Charges
NEFT
RTGS
IMPS
UPI (Proposed Charges)
Amounts upto ₹ 10,000
₹ 2.50 + Service Tax
Not Applicable
₹ 5 + Service Tax
₹ 0.5
Amounts above ₹ 10,000 and upto ₹ 1 lakh
₹ 5 + Service Tax
Not Applicable
₹ 5 + Service Tax
₹ 0.5
Amounts above ₹ 1 lakh and upto ₹ 2 lakh
₹ 15 + Service Tax
Not Applicable
₹ 15 + Service Tax
Not Applicable
Amounts above ₹ 2 lakh and upto ₹ 5 lakh
(Incl. ₹ 2 lakh for RTGS)
₹ 25 + Service Tax
₹ 25 + Service Tax
Not Applicable
Not Applicable
Amounts above ₹ 5 lakh and upto ₹ 10 lakh
₹ 25 + Service Tax
₹ 50 + Service Tax
Not Applicable
Not Applicable

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