#No 1 Remittance Corridor

Sending toIndia · INR

Send Money to India at the Best Exchange Rates

Compare verified money transfer providers for GBP, AUD, USD, CAD, EUR and NZD to INR transfers side by side — exchange rate, fee and delivery speed together — so you can see exactly how much your family in India will receive before you send.

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Why compare

India Is the World's Largest Remittance Corridor

India receives more in international remittances than any other country — over $125 billion a year from a diaspora of more than 32 million people across the UK, USA, Australia, the UAE, Canada and beyond. That scale is exactly why comparing money transfer providers matters: with dozens of services competing for the same corridor, exchange rates and fees for sending money to India can vary significantly from one provider to the next.

A small rate difference adds up

A 0.5% gap on a £5,000 transfer is £25 gone before your family sees a rupee. Over a year of regular transfers, that difference compounds fast.

Banks rarely offer the best INR exchange rate

High-street banks typically price 3–5% above the mid-market rate on GBP, AUD or USD to INR transfers. Specialist providers routinely beat them.

India's receiving infrastructure is fast

With UPI, IMPS and over a billion bank accounts, money sent to India moves quickly once it reaches an Indian bank — the sending side is where the real savings are found.

$125B
Remittances received by India annually
32M+
Non-Resident Indians worldwide
#1
World's largest remittance recipient
1.5B+
Bank accounts in India

Sending corridors

Choose Your Sending Country

Select the corridor that matches where you're sending from to compare the best money transfer providers for that specific route to India.

  • UK to India

    GBP → INR

  • Australia to India

    AUD → INR

  • USA to India

    USD → INR

  • Canada to India

    CAD → INR

  • Europe to India

    EUR → INR

  • New Zealand to India

    NZD → INR

Quick compare

Popular Amounts to Send to India

Jump straight to a live comparison for a common transfer amount, in whichever currency you're sending from.

Simple process

How to Send Money to India in 4 Steps

Start comparing →
  1. 1

    Choose your corridor

    Select where you're sending from and enter the amount. We'll show you every provider offering that route to India.

  2. 2

    Compare providers

    See exchange rates, transfer fees, delivery speed and user ratings for each verified provider, side by side.

  3. 3

    Pick the best deal

    Choose the provider that fits your priority — the strongest INR rate, the lowest fee, or the fastest delivery.

  4. 4

    Send with confidence

    Complete the transfer directly with your chosen provider. Funds typically reach India within 1–2 business days.

Why Pay More Than You Have To?

The gap between the best and worst provider on a £1,000 transfer to India can be over £30 in exchange rate alone, before fees. Remit Select shows you who offers the best deal, in seconds, for free.

Compare India rates free →
Free to use · No sign-up required · Instant results

How to pay

Flexible Payment Methods

Most providers accept several ways to pay. The right choice depends on your bank, the size of your transfer, and how quickly you need the money to arrive.

  • Most popular

    Bank transfer

    Send directly from your bank account. Best rates, no surcharges — the most reliable option for larger transfers above £1,000.

  • Instant

    Debit card

    Fast and convenient, with funds sent immediately. Some providers add a small surcharge, but there's no credit risk.

  • Secure

    Credit card

    Accepted by most providers, though it often carries higher fees and may be treated as a cash advance by your card issuer.

  • Instant

    Open banking / pay by bank

    A newer method offered by select providers — fast setup, no card fees, and strong fraud protection built in.

  • Secure

    Cash deposit

    Visit an agent location and deposit cash. Useful if you don't have a bank account. Available through select providers only.

  • Popular

    Digital wallet

    Pay via PayPal, Skrill or Neteller on select platforms — convenient if you already use a digital wallet day to day.

How recipients get paid

Receiving Options in India

India's financial infrastructure supports a wide range of receiving methods, from traditional bank deposits to mobile wallets and cash pickup across the country.

  • Bank account deposit

    Funds go directly into any Indian bank account via SWIFT, NEFT, RTGS or IMPS — the most widely used method for sending money to India.

    • SBI
    • HDFC
    • ICICI
    • Axis Bank
    • PNB

  • UPI / mobile wallet

    Some providers support direct UPI transfers or funding to PhonePe or Paytm wallets, arriving almost instantly for smaller amounts.

    • PhonePe
    • Paytm
    • Google Pay
    • UPI

  • Cash pickup

    The recipient collects cash from a local agent. Coverage extends into rural areas. Valid ID is required to collect.

    • Western Union
    • MoneyGram
    • Ria Money

  • Home delivery

    Cash delivered directly to the recipient's door in select cities, available through certain local partner networks.

    • Select cities
    • Metro areas

  • Post office / India Post

    India Post's remittance service reaches even remote pin codes — a good option for transfers into rural India.

    • India Post
    • POSB
    • Rural coverage

  • Prepaid / forex card

    Select providers issue or top up a prepaid card linked to INR, useful for recipients managing several expenses at once.

    • Visa prepaid
    • Mastercard
    • Select providers

Expert advice

Tips to Save More on Transfers to India

Small choices in how, when and how much you send can add up to real savings over a year. Here's what experienced senders know.

  1. Compare before every transfer, even with a regular provider

    Exchange rates move daily. A provider that offered the best deal last month may not today. Checking Remit Select before each transfer takes under a minute and can save real money, especially on larger amounts.

  2. Send larger amounts less often to reduce fees

    Most providers charge a flat fee per transfer. Sending £2,000 once instead of £500 four times can save £12–20 in fees at the same exchange rate. Batch transfers where you can.

  3. Pay by bank transfer, not card, for the best rate

    Paying by debit or credit card often triggers a small surcharge of 0.5–2%. Bank transfer payments are usually fee-free and get the best exchange rate a platform offers.

  4. Set a rate alert and wait for the right moment

    Several providers offer rate alert emails — set a target INR rate and they notify you when it's hit. On larger transfers, patience can be worth 1–3%.

  5. Have your recipient's IFSC code ready

    For bank deposits, you'll need their 11-character IFSC code, found on their cheque book or passbook. Having it ready speeds up setting up the transfer considerably.

Regulations

Transfer Limits and Regulations to Know

Money transfers to India are well regulated on both ends. Understanding the key rules helps you plan a transfer smoothly and avoid unnecessary delays.

  • India's Liberalised Remittance Scheme (LRS) allows Indian residents to remit up to USD 250,000 a year outward. Inward remittances — money coming into India — have no annual cap.
  • NRIs can receive funds into NRE (freely repatriable), NRO (rupee, limited repatriation) or FCNR accounts, each with different tax treatment.
  • Transfers above a provider's threshold, typically around £10,000 or the equivalent, require enhanced identity verification under anti-money-laundering rules.
  • From the UK, transfers above £10,000 to a single recipient in a calendar year may need to be reported — check current HMRC guidance for your circumstances.
  • India's Foreign Exchange Management Act (FEMA) governs inbound foreign exchange. Transfers for legitimate personal purposes — family support, education, property — are fully permitted.
Key limits at a glance
India inward remittance capNo annual limit
LRS outward limit (India residents)USD 250,000 / year
Typical provider per-transfer limit£10,000–£1,000,000
ID required from£1,000+ (most providers)
Enhanced due diligence from£10,000+ per transaction
NRE account repatriationFully repatriable
NRO account repatriation capUSD 1M / year
Limits vary by provider, sending country and transfer purpose. This is indicative only — verify with your chosen provider and a financial or tax advisor for large transfers.

Common questions

Frequently Asked Questions

Everything you need to know about sending money to India.

The best way depends on your sending country and amount. Specialist money transfer providers such as Wise, Remitly and XE typically offer far better rates than banks — often 3–5% better. Use Remit Select to compare all options instantly for your specific corridor and amount.

Enter your sending country and amount on Remit Select and we show live exchange rates, transfer fees and delivery speed for every listed provider side by side, so you can see the total cost of each option before choosing one.

Most digital transfers to India arrive within 1–3 business days. Some providers complete popular corridors like GBP to INR or USD to INR same-day or next-day, and a few offer instant transfers for an additional fee.

Three things determine the final amount: the exchange rate applied, any transfer fee charged upfront, and whether the provider adds a margin on top of the mid-market rate. Comparing all three together, not just the headline rate, gives the true picture.

India places no annual cap on inward remittances. Individual provider limits vary, typically from £10,000 to £1,000,000 per transfer, and amounts above a provider's standard limit require extra verification documents.

You'll need the recipient's full legal name, their bank account number, the 11-character IFSC code for their branch, the bank name, and their branch address. For larger amounts, their PAN card number may also be requested.