Remit Select - Exchange Rate Comparison

World's #1 Remittance Corridor

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Sending toIndia · INR

Send Money to India at the Best Exchange Rates

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

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Why compare

Money Transfer to India: 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 USA, UK, Canada, Australia, the UAE and beyond. With dozens of providers competing for every money transfer to India, exchange rates and fees vary a lot from one provider to the next, which makes comparing the easiest way to get the best rate.

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

Banks often add a wider margin to the mid-market rate than specialist money transfer providers, so it pays to compare before you send from your bank.

India's receiving infrastructure is fast

UPI and IMPS run 24/7, so once your provider sends the payout it can reach an Indian bank account quickly. 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
24/7
Instant payouts via UPI & IMPS in India

Sending corridors

Money Transfer to India: Choose Your Sending Country

Select the corridor that matches where you are sending from to compare the best money transfer rates to India for that specific route.

Quick compare

Popular Amounts to Send to India

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

USA to India

How to Send Money to India from the USA

The USA is one of the largest sending markets for India, and USD to INR is the corridor most people compare first. To send money from the USA to India, compare providers for your amount, pay from your US bank account or card, and enter your recipient's Indian bank details.

  • Best value

    Pay from your US bank account

    Funding a transfer from a US bank account usually gives the best exchange rate and the lowest fees, and it is exempt from the 1% US remittance tax.

  • Since 2026

    Know the 1% remittance tax

    Since 1 January 2026, transfers funded with cash, a money order or a cashier's check carry a 1% US federal tax. Bank account and US debit or credit card funding is exempt.

  • Compare

    Check the INR amount received

    US providers must show the exchange rate, fees and the amount your recipient receives before you pay. Compare that final INR figure, not just the headline rate.

Compare USD to INR rates →

Simple process

How to Send Money to India in 4 Steps

Start comparing →
  1. 1

    Choose your corridor

    Select where you are sending from and enter the amount. We show you the providers 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?

Exchange rates and fees differ from one provider to the next, and on a $1,000 transfer to India that difference can add up. Remit Select shows exchange rates, fees and delivery speed side by side, in seconds, for free.

Compare India rates free →
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How to pay

Ways to Pay When You Send Money to India

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. Usually the best rates and no card surcharges, and the most reliable option for larger transfers.

  • Instant

    Debit card

    Fast and convenient, with funds sent immediately. Some providers add a small surcharge, but there is 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 do not have a bank account, but in the USA cash-funded transfers carry a 1% federal tax.

  • 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

How Your Family Can Receive Money 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 an Indian bank account via SWIFT, NEFT, RTGS or IMPS. This is 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, and 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 Get the Best Rate When Sending Money to India

Small choices in how, when and how much you send can add up to real savings over a year. Here is 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

    Many providers charge a flat fee per transfer. Sending $2,000 once instead of $500 four times means paying that flat fee once instead of four times, at a similar exchange rate. Batch transfers where you can.

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

    Paying by debit or credit card can add a surcharge, and in the USA cash-funded transfers carry a 1% federal tax. Bank transfers are usually the cheapest way to fund a transfer to India.

  4. Set a rate alert if your transfer is not urgent

    Several providers offer rate alert emails: set a target INR rate and they notify you when it is hit. A favourable move means more rupees for the same amount, but rates can move against you too, so only wait if you can afford to.

  5. Have your recipient's IFSC code ready

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

Regulations

Limits, Taxes and Rules for Sending Money to India

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 places no annual cap on inward remittances, so there is no limit on how much money can be sent to India in a year.
  • India's Liberalised Remittance Scheme (LRS) lets resident individuals in India remit up to USD 250,000 per financial year outward for permitted purposes.
  • NRIs can receive funds into NRE (freely repatriable), NRO (rupee, limited repatriation) or FCNR accounts, each with different tax treatment.
  • USA: since 1 January 2026, a 1% federal tax applies to remittances funded with cash, a money order or a cashier's check. Bank account and US debit or credit card funding is exempt.
  • Regulated providers verify your identity and may ask for source-of-funds documents on larger transfers under anti-money-laundering rules.
  • Transfers for legitimate personal purposes such as family support, education or property are generally permitted under India's Foreign Exchange Management Act (FEMA).
Key limits at a glance
India inward remittance capNo annual limit
LRS outward limit (residents of India)USD 250,000 / financial year
Per-transfer limitSet by each provider
ID verificationRequired by regulated providers
Extra checksLarger amounts / source of funds
US remittance tax1% on cash-funded only
NRE account repatriationFreely repatriable
NRO account repatriation capUSD 1M / financial year
Limits and rules vary by provider, sending country and transfer purpose. This is general information, not legal or tax advice. Verify with your chosen provider and a qualified advisor for large transfers.

Common questions

Send Money to India: Frequently Asked Questions

Everything you need to know about sending money to India.

The best way depends on where you are sending from and how much you are sending. Specialist money transfer providers usually offer better exchange rates and lower fees than banks. Use Remit Select to compare providers for your corridor and amount, then choose the one that gives your recipient the most rupees.

Compare USD to INR providers on Remit Select, choose one, create an account and verify your ID, enter the amount and your recipient's Indian bank details, then pay from your US bank account or card. Paying from a bank account usually gives the best rate and avoids the US 1% remittance tax that applies to cash-funded transfers.

Pick a licensed provider, register and verify your identity, enter your recipient's name, bank account number and IFSC code, and choose how to pay. Most providers show the exchange rate, fee and the exact INR amount your recipient will receive before you confirm.

The best rate is the one closest to the mid-market exchange rate with the lowest fees. It changes daily and differs by provider, amount and payment method, so compare the final INR amount received, not just the headline rate. Remit Select shows providers side by side for your exact corridor.

Many digital transfers reach India within 1 to 3 business days. Some providers complete popular corridors such as USD to INR or GBP to INR the same day or next day, and some offer near-instant delivery, sometimes for an extra fee.

Three things: the exchange rate applied, the transfer fee, and any margin the provider adds to the mid-market rate. Card payments can also add a surcharge. Compare all of these together to see the true cost.

India places no annual cap on inward remittances. Each provider sets its own per-transfer limits, and larger amounts usually need extra ID or source-of-funds checks.

Since 1 January 2026, the USA charges a 1% federal tax on remittances funded with cash, a money order or a cashier's check. Transfers funded from a bank account or a US debit or credit card are exempt, so paying online avoids it.

You need the recipient's full name as on their bank account, account number, bank name and the 11-character IFSC code of the branch. For UPI payouts you need their UPI ID or linked mobile number, and for larger amounts a PAN may be requested.

This page covers sending money to India. If you live in India and want to send money abroad, the RBI's Liberalised Remittance Scheme lets resident individuals remit up to USD 250,000 per financial year for permitted purposes, through an authorised bank or licensed provider.