Important Note:
For fund transfer within Federal Bank, the transfer limit for non-beneficiary is quick pay limit and for verified beneficiary the limit is Rs.10 Lac per day.
For IMPS mode, the transfer limit for non-beneficiary is quick pay limit and for verified beneficiary the limit is Rs.10 Lac per day. Please note that you can only send up to Rs.5 Lac per transaction through IMPS to beneficiary.
For UPI channel, the transfer limit for non-beneficiary is quick pay limit and for verified beneficiary the limit is Rs.1 Lac every 24 hours.
For NEFT, the transfer limit for non-beneficiary is quick pay limit and for verified beneficiary the limit is Rs.10 Lac per day.
For RTGS, the transfer limit is Rs.10 Lac per day for beneficiaries and the minimum transaction limit is Rs.2 Lac.
*Rs.10 Lac limit is the cumulative limit.