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[LIST] UPI charges on different banks

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Tech Guru
andromeda

With many banks start to charge for UPI transactions, lets us compile a list of banks vs the charges involved.

Note: I tried searching for any such list already posted, but couldn’t get any. If there is one available, please merge it or we can update this thread.

ICICI Bank
Effective 3rd May 2020, Zero charges for p2p transactions up to 20 transactions per month.
From the 21st transaction: Rs 2.50 for transactions less than or equal to Rs 1,000 and Rs 5.00 for transaction above Rs 1,000 will be applicable.

HDFC Bank
Effective 3rd May 2020, Zero charges for p2p transactions up to 20 transactions per month.

Kotak Bank
Effective 1st April 2020, Zero charges for p2p transactions up to 20 transactions per month.

Axis Bank
Effective 1st June 2020, Zero charges for p2p transactions up to 20 transactions per month.

References
ICICI: https://www.icicibank.com/service-charges/commo...
HDFC: https://www.hdfcbank.com/personal/pay/money-tra...
Kotak: https://www.kotak.com/en/digital-banking/ways-t...
Axis: https://www.axisbank.com/docs/default-source/de...

17 Comments  |  
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Deal Captain Deal Captain
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Thanks for the update.
VU+ KG

Tech Guru Tech Guru
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@soccergiants thank you, updated the list

Deal Subedar Deal Subedar
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VU + KG

Deal Lieutenant Deal Lieutenant
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Vu kg+ for efforts
Also, I think dbs has no charges.

Deal Legend Deal Legend
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No charges for PSU banks as of yet, right?

Community Angel Community Angel
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Ab bank me pasa rakna se koy fayda ni ji😟😥😥

Deal Lieutenant Deal Lieutenant
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P2P means person to person ????

Deal Cadet Deal Cadet
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Yes

Deal Cadet Deal Cadet
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Neft and imps toh free rehne do sob sob

Deal Cadet Deal Cadet
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SBI???

Finance Ninja Finance Ninja
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No charges for SBI, unlimited times FREE

Deal Lieutenant Deal Lieutenant
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Need to be careful with Amazon daily upi send and qr scan. Otherwise jitna liya nahin utna dena pad jayega.

Deal Hunter Deal Hunter
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While sending from Amazon I guess we are paying through Amazon upi..
So icici – > Amazon – > another person upi..

So from icici if we are paying to Amazon so it should be free..

Correct me if I’m wrong..

PS.. I have stopped using the amaze offer as cashback was 2-3 and if icici deduct then there will be huge loss

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