Entry India
Connecting Businesses with Opportunities in India

ENTRY INDIA - An India Business & Travel Guide



Market exchange rate as of
24 Minutes ago



Comparison of Dollar to Rupee Exchange Rates

The Indian Rupee is the official currency of India.

Non-Resident Indians (NRIs) remitted nearly $70 billion to India last year. But even so, most NRIs wonder if they are using the right service provider for sending money to India. Is it safe to use this service? How long will it take before the money reaches the destination? Am I getting competitive exchange rates? Should I wait for a few days to transfer money to India to get a better rate?

To answer these questions, we have prepared a table of financial institutions that send money to India as shown below. Exchange Rates vary by the transaction amount and the method of transfer. The rates and fee shown to send money to India are for online transfer of under $1000 from USA.

Scroll past the rate table to see the Exchange Rate Discussion Board.

▲ Institution ▽
△
 ₹ Per $ 
Type
▽
△ Fee ▽ Time Comments


Learn more..

1-855-205-5577

71.17

Fixed		0.005 Days
  • Get upto 30 paisa extra on your First transaction
  • Best Exchange rates
  • 0 fees
  • Fixed exchange rates
  • Safe & Secure
  • Track the status of your remittances
  • For assistance, write to us at remitmoney@remit.in
  • Hassle free process


Learn more..

1-866-424-2448

70.79

Fixed		0.004 Indian banking hours (Express) or 5 business days (E-transfer)
  • ZERO service charge on transfer above $1000
  • Fixed Exchange Rates
  • ACH mechanism of fund transfer to all ICICI Bank account and credits into 100+ Bank accounts in India via NEFT and IMPS clearing
  • Email/ SMS alerts on fund transfer status
  • Anytime, anywhere access through Money2India App
  • Standing Instructions facility with Higher Fund Transfer Limits


Learn more..

+91- 22- 4406 6666

71.42

Fixed		0.003 - 5 Days
  • $0 Fee to transfer any amount
  • Fixed exchange rates
  • Transfer money to any bank in India
  • Ongoing Promotion: First transaction of over $500 will get you $10 amzon gift card for online shopping


Learn more..

1-866-808-2703

71.09

Fixed		0.002 - 3 Days
  • Money2anywhere.com has $0 fees for above $1000 transactions and $1.99 fees for below $1000.
  • Guaranteed Exchange Rate
  • Bank Transfer (ACH mechanism) takes 24-48 hrs for transfer
  • Unlimited amount for bank deposit or draft delivery at home
  • Bank draft delivery at home takes 3 days only
  • Xpress Money option delivers cash at agent locations immediately (Rs. 50,000 max.)



Learn more..

1-888-736-4886

71.18

Indicative		5.002 Days
  • Free $25 Amazon voucher on first transaction   
  • Zero fees for transfer above $999
  • Option to choose guaranteed or indicative rate
  • Transfer takes 4 days* for ACH and 1 day* for wire transfer
  • No upper limit on transaction
  • Method of receiving in India is bank deposit
  • Get Rs. 1000 with every referral, who registers and transacts
  • For assistance, mail at info@remit2india.com or call toll free at 1-888-736-4886


Learn more..

1-888-REMITLY

71.65

Fixed		0.004 Indian banking hours (Express) or 3 business days (Economy)
  • $0 fee for transfer over $1000. Fee of $1.99 for transfers below $1000.
  • Guaranteed Exchange Rate
  • Take 3 to 5 business days to transfer from your Bank account
  • Take 4 hours (India banking hours) if money is transfered using Debit Card
  • Deposits can be made to all the major banks in India
  • 100% Money-Back Guarantee
  • 24/7 Customer Support


Learn more..

1-877-443-1399

71.00

Fixed		0.003 Days
  • $0 transfer fee via debit card
  • Great exchange rates
  • Deposit to almost any bank in India within 24 hours
  • Cash pick-up available
  • 100% Money-Back Guarantee
  • More than 230,000 Worldwide Agent Locations in more than 130 Countries


Learn more..

1-212-521-3284

70.90

Indicative		0.004 - 5 Days
  • $0 fee for online transfer to SBI Banks and fee of Rs. 6 for online transfer of amount less than $500 to any other bank
  • Foreign Currency Conversion charges of Rs.250/- levied on every remittance.
  • Service tax of .14% or Rs. 35 (whichever is higher) for amounts upto Rs. 100,000 received in India
  • 2 days for transfer to account in SBI bank and 4-5 days to accounts in other banks
  • Min remittance amount in a single transaction is $50
  • Max remittance of $10,000 in a single transaction to account in SBI and of $5000 in account with any other bank
  • Other Transfer modes: Instant transfer, SWIFT/Wire transfer, Draft Cashier's Cheques and Foreign currency cheques.
     


Learn more..

1-888-973-6383

71.33

Fixed		0.003 Days
  • Highest Locked-In Exchange Rate Guarantee
  • Instant Bank Deposits to Bank Across India
  • Cash PickUp to Over 20,000 Location Across India
  • No fee for transfers over $1,000
  • Minimum amount to send $50, Maximum amount $2,950
  • 24/7 Customer Service and Live Web Chat
  • Accept ACH & Credit Card for payment
  • Remittance can also be made in person at their agent location


Learn more..

1-877-989-3268

71.36

Fixed		10.003 Days
  • The rate shown is for the city of Edison in New Jersey, USA. The exchange rate differs depending on the location of transfer (over 47000 locations in US)
  • Rate given at the location of transfer is Guaranteed
  • Money in 3 business days: Fees of $10
  • Best option in case of emergency, money received with-in mins
  • Send money by visiting agent location or online direct bank transfer/credit/debit card
  • Receive money by direct credit to bank account (including NRE/NRO) or cash pick up at a western union agent location


Learn more..

1-877-815-1531

71.28

Fixed		4.991 - 4 Hours
  • Fee of $4.99 if paid with a US Bank account and fee of $29.99 if paid with Debit/Credit card. This fee is based on $1000 transfer.
  • Guaranteed Exchange Rate
  • Bank deposits within 24 Hours to most bank accounts in India
  • Other modes of delivery in India: Cash Pickup by recipients, Cash Delivery

Discussion Board

Becoz flight and cargo price
Submitted by booooooooooooooooby on Thu, 08/31/2017 - 11:23pm
Becoz flight and cargo price
     
higher amount exchange rate
Submitted by VIVEK HARISH KUMAR on Thu, 07/06/2017 - 6:50am

Dear SIR

 

please accept many thanks for this fantastic website full of information.

May i request you to kindly increase your data base by including the other banks and if the amount of transfer is higher than 

what rate will be expected by that bank,,as right now only transfers of below than 1000USD ,,,is seen there.

THANKS AGAIN.

 

 

BEST REGARDS

 

VIVEK HK

     
Best app to transfer money
Submitted by krishna on Mon, 06/12/2017 - 1:56pm

try remitbee for better exchange rates.

     
request
Submitted by SHAIK SHAJAHAN on Tue, 06/06/2017 - 12:56pm

sir i want the new franches in pan card center please 

my cell number is 9666266906

Email id sanashajahan9@gmail.com

     
BEST WAY TO TRANSFER FROM US TO UAE
Submitted by Rahul M on Wed, 05/31/2017 - 3:16pm

HI

I want to do bulk transfer from usd account to UAE account of my relative.

Wanted to know the safest and most reliable legal way to  do the transfer with no fees attached.

Pls guide.

 

Regards

     
Experience with NRE accounts- best options??
Submitted by Bobby on Wed, 05/24/2017 - 3:21pm

Hey guys,

It is clear that the only legal way to transfer your $ earnings from US to India and keep it under your name is via an NRE account. I'm hoping some of you are currently holding an NRE a/c in India. Need your experiences for below points.

  1. What are the options that you take to let a person in india do cash transactions from the NRE account ( as far as I know, technically no bank authorizes a person in India to withdraw from your NRE a/c)?
  2. I think you can transfer INR from your NRE a/c to a savings bank a/c in India. is that correct? If so, can you recommend a bank that has lower service charges for these kind of transfers? Its not wise to lose some INR during exchange and again some INR for transfers b/w NRE and savings a/c in India. 

 

     
Experience with NRE account
Submitted by Sagar on Wed, 05/24/2017 - 5:49pm

Hello,

Below are the answers to your questions

1) If you give GPA (Power of Attroney) to your parents / relatives in india on your NRE account they can do any kind of trasaction on their own.

2) Yes you can transfer from NRE to any other savings account. However you can only deposit to your NRE account by remittance of $ amount or other currency. There is another type of account called NRO where deposits are allowed to. HDFC NRE bank charges minimum for your transfer. 

By the way you can deposit directly to the savings account of your relatives by using the above remittance services, however there might be a income tax problem.

     
service charges of state bank of india for inward remittance.
Submitted by Senthil Kumar on Mon, 05/22/2017 - 11:30am

I have remitted US$ 1900 on two occasions from Norway to Indian SBI Account(NRE). The bank has deducted US$ 50 on both occasios, besides service and commission charges in Indian rupees. I am not getting clarification from anywhere. Can you please tell me.

     
MY CASH USD1.5MILLION
Submitted by R A BALAJI on Mon, 04/10/2017 - 11:51am

SIR, MY BULK AMOUNT COME THE USD1.5MILLION (approx). WHICH BANK READY DEPOSIT THE AMOUNT US TO INDIA RUPEES THE CASH AND ADVANTAGE DETAILS IN GOVERMENT AND PRIVATE BANK? DETAILS SEND BY MY E-MAIL ADDRESS: rrabalaji@gmail.com CONTACT PERSON AND ANOTHER DETAILS BY MY E-MAIL ADDRESS.

     
Realestate buyer and sales contact
Submitted by Akastenraj on Wed, 03/29/2017 - 3:59am

Hai..My name raj!.

I have some properties for sale which is worth for 500 Cr

The properties are known as colleges&CBSE schools, Matriculation schools,

BEd colleges & real estate properties!!

Contact me Incase of you want to sell/buy properties

To know more about the transaction

Raj

8682876406

rajtamil02@gmail.com

     

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