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Sending to

Send money to India

Best rates & providers for INR transfers

$120 billion (2023) — World's #1 remittance recipient

Delivery methods in India

UPI / IMPS

Instant 24/7 transfers to any UPI-linked bank account. Most popular for fast delivery.

NEFT / RTGS

Bank-to-bank transfers. NEFT processes in 30-minute batches; RTGS is for large amounts above ₹2 lakh.

Bank Account Deposit

Standard SWIFT-based wire transfer to any Indian bank. Typically 1–3 days.

Cash Pickup

Available through Western Union, MoneyGram, and local agents at thousands of locations across India.

Top corridors to India

Best providers for sending to India

Regulations & Rules

FEMA

India's Foreign Exchange Management Act governs inbound remittances. There is no limit on receiving foreign money for personal use.

RBI Guidelines

The Reserve Bank of India oversees all inbound foreign currency transfers. Banks must convert foreign currency to INR at prevailing exchange rates.

TCS on Remittances

Tax Collected at Source (TCS) of 5–20% applies to outbound transfers from India under LRS. This does not affect inbound remittances to India.

Frequently Asked Questions