Transfer Money to India

Comparing 5 providers

Sorted by highest amount received

Real exchange rate 1 GBP = 122.2090 INR 30-day trend · Data from Xignite.com
Live
Best options for your transfer
Excellent Best Deal
Delivery time 1 day Pay by Bank transfer
Total cost Fee FREE Exchange rate 121.3535
Recipient gets
Rsֽ 2,427,070 INR
+Rsֽ31,774 more vs the typical bank
Very Good
Delivery time 1 day Pay by Bank transfer
Total cost Fee FREE Exchange rate 121.3525
Recipient gets
Rsֽ 2,427,050 INR
Good
Delivery time 1 day Pay by Bank transfer
Total cost Fee FREE Exchange rate 121.3515
Recipient gets
Rsֽ 2,427,030 INR
OK
Delivery time 1 day Pay by Bank transfer
Total cost Fee FREE Exchange rate 121.3505
Recipient gets
Rsֽ 2,427,010 INR
OK
Delivery time 1 day Pay by Bank transfer
Total cost Fee FREE Exchange rate 121.3495
Recipient gets
Rsֽ 2,426,990 INR
We get fees, exchange rates, and other details from money transfer providers, usually in real time. We try to keep this information accurate, but we can't guarantee it's always correct.

Questions you may have

Do I pay anything extra?
No. We may earn a commission, but you never pay more.
Is my money safe?
We only list regulated, licensed providers.
Why do rates change?
Exchange rates move constantly. We update results in real time.
What happens after I click?
You'll be redirected to the provider to complete your transfer securely.

Why Millions Use Us Before Sending Money

Regulated partners only

Real-time exchange data

Independent comparison

Best provider Moneycorp
Recipient gets Rsֽ 2,427,070 INR
Go to Moneycorp
Secure · No hidden fees

About Money Transfers to India

We have helped over one million individuals find a better deal on their money transfer. Join the revolution and find a fairer, cheaper and more transparent way to make a money transfer to India. Whether you need to send money to much needed love ones, making an overseas property transaction or emigrating, our dynamic aggregator will find you the cheapest deal when sending money to India (INR). Benefit from free money transfer deals and 0% commission above certain amounts.

Perhaps you are sending money to family in Mumbai or undertaking a business placement in Delhi, its important not to settle for the first Indian Rupee deal you stumble across. Using our handy comparison tool, you can find multiple quotes from FCA regulated currency companies. All quotes will be tailored to your needs that will maximise the value of your money transfer to India. Our service aims to simplify the headache of making international payments, so that you know for sure are getting the best and cheapest rates when sending Indian Rupees to India.

Last updated: May 08, 2014 Our methodology

Quick Facts: India

Key information for sending money to India

Transfer Speed
1 working day
Local Currency
INR
Income Tax Rate
0-33%
Avg. Property Price/m²
74,996.33 INR
Avg. Monthly Rent (3 bed)
24,302.98 INR
IBAN Required
No

Money Saving Tips for India

Expert advice for your international transfer

To purchase property in India, it is important for the buyer to hire a real estate attorney to protect his/her interests during the transaction.

If undertaking a work placement, register at the Foreigners Regional Registration Office (FRRO) within 14 days of arrival to ensure all legal documents are signed.

When buying property in India, upon signing an Agreement of Sale, expect to pay a deposit of around 10-20% of the purchase price.

Once the FRRO has approved your registration, you will be asked to pick your residency permit which is your proof as an Indian Resident.

What You Need to Send Money to India

Checklist of recipient bank details required

IFSC Code e.g. 12345678901
Indian Financial System Code
SWIFT/BIC Code e.g. BANKINXX
Bank identifier for international transfers
Account Number
Recipient's bank account number
Account Holder's Name
Full name as it appears on the bank account

Popular Banks in India

HDFC Bank Yes Bank Chase IDBI Bank Bank of Nova Scotia Axis bank

"When sending money to India, always compare multiple providers. The exchange rate is important, but don't forget to factor in transfer fees and delivery times. For larger amounts, even small rate differences can translate to significant savings."

MyCurrencyTransfer Editorial Team

Frequently Asked Questions

Common questions about sending money to India

What is the cheapest way to send money to India?

The cheapest way to send money to India depends on your transfer amount. For larger transfers (over £1,000), specialist providers like Wise or OFX typically offer better rates than banks. Compare providers above to see which offers the best deal for your specific amount.

How long does it take to transfer money to India?

Most transfers to India are completed within 1-3 working days. Some providers offer same-day or next-day delivery for an additional fee. The exact time depends on the provider, payment method, and whether the recipient's bank processes weekend transfers.

What information do I need to send money to India?

You'll typically need: the recipient's full name (as it appears on their bank account), their bank account number, the bank's SWIFT/BIC code, and for some countries an IBAN. You may also need the recipient's address and the bank's name and address.

Are money transfer services safe to use?

Yes, the providers we compare are regulated by the Financial Conduct Authority (FCA) or equivalent regulators. They must keep your money in segregated accounts and follow strict anti-money laundering procedures. Always check a provider's regulatory status before sending money.

Should I use my bank to send money to India?

Banks are generally more expensive for international transfers due to higher exchange rate margins and fees. Specialist money transfer providers typically offer rates 2-4% better than banks. Use our comparison to see how much you could save.

How to Transfer Money to India

  1. Compare providers

    Use the comparison table above to find the best exchange rate and lowest fees for your transfer amount.

  2. Create an account

    Click through to your chosen provider and register for a free account. You'll need your email address and basic personal details.

  3. Verify your identity

    Upload ID documents as required (passport, driving licence, or national ID). Most providers verify within 1-2 business days.

  4. Enter recipient details

    Add your recipient's bank account details including their name, account number, and SWIFT/BIC code.

  5. Fund and track your transfer

    Pay by bank transfer or debit card, then track your money until it arrives. Most transfers complete within 1-3 working days.