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Is there any limit on the amount of funds that can be transferred through Corporate Internet Banking (CIB)?

Yes. You can specify user-level and transaction-level limits. The fund transfer amount limit can be specified for each of the Debit Accounts. You can also specify a fund transfer limit for each of your authorised users too. This is similar to assigning cheque signing powers to authorised signatories. If the limits are not specified in the form, left blank or mentioned as 'unlimited', the default limit will be ₹5 lakh per transaction for constitution codes other than companies. For companies, the default limit will be ₹1 crore per transaction.