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How to send money to India

How to send a fast, secure and low-cost money transfer to India from Australia.


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If you need to send money to India, all you have to do is follow a few simple steps:

  1. Compare some services that can change your dollars to rupees in our table below.
  2. Choose one that meets your needs and sign up for an account.
  3. Provide the details of your transfer, including the amount and who you want to send to.
  4. Confirm and pay. The money will be transferred to your recipient in India.

Send money to India with WorldRemit

WorldRemit Offer

  • Send money online within minutes
  • Large range of destinations
  • Able to send to cash pickup locations

Send money to India with WorldRemit

Send money to 110+ countries for bank deposit, instant e-wallet, mobile top-up or cash pickup at 30,000+ agent locations worldwide.

  • Minimum transfer amount: $1
  • Maximum transfer amount: $50,000
  • Online transfer fee: $3.99
  • Cash pick up available.
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How much does it cost to send money to India? Compare your options

Use our comparison calculator to check the fees, exchange rates and transfer speed you'll get when sending money to India.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
AUD 2,000 1 day AUD 0.00 51.814 INR
SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.
Go to site Show details
AUD 250 1 - 2 days AUD 15.00 51.814 INR
$0 transfer fees for Finder customers.
No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.
Go to site Show details
AUD 1 1 day AUD 9.00 52.337 INR
Pay no fees on your first two transfers, up to $3,000.
SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.
Go to site Show details
AUD 0 Same day AUD 2.99 51.762 INR
Special offers like free transfers and better exchange rates available for new customers.
Affordable transfers around the world with both express and economy options. Express transfers delievered in as little as 10 minutes for an extra fee.
Go to site Show details
AUD 1 Same day AUD 3.99 52.18 INR
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
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AUD 5 1 - 2 days EUR 3.00 51.709 INR
Special offer: Zero fees on your first 10 transfers.
Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
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AUD 200 1 - 2 days AUD 10.00 52.231 INR
Exclusive: Use code FINDER10 to receive US$10 off your first transaction.
Quick and simple international money transfers with a flat 0.5% transfer fee for most transfers. Zero-margin rates on some currencies.
Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

What's the best way to send money to India?

There are three different options you can use, each with its own benefits and downsides.

Bank transfers
  • Convenient
  • Slow and expensive
Cash transfers
  • Very fast
  • Expensive
Money transfer services
  • Most cost-effective
  • Slower than cash transfers

Let's crunch the numbers: Sending $2,000 to India

The table below shows the costs of using a bank, making a cash transfer and using a specialist money transfer service, so you can see how much of a difference there is when sending $2,000 to India.

This table uses real fees and exchange rates, current as of 21 March 2019.

Bank transferCash transferMoney transfer service
Fee$12 + additional correspondent bank fees$23$2.50
Exchange rate1 AUD = 46.9500 INR1 AUD = 48.0078 INR1 AUD = 48.7445 INR
Transfer speed2-5 days5-15 minutes1-2 days
Amount receivedINR93,336INR94,911INR97,367
  • Slowest and most expensive
  • Fastest
  • Best value

Banks are usually the slowest and most expensive choice for money transfers, while cash transfers are the fastest but cost extra. Money transfer services typically have the lowest fees and best exchange rates.

How long will it take to send money to India?

Banks can take up to a week to send money to India because your money might need to be transferred between multiple banks on the way there. Cash transfers are usually the fastest and can arrive in just a few minutes. Money transfer services aren't as fast as cash transfers, but will often be faster than banks.

Emergency cash transfer

If you need to send money to India as soon as possible, cash transfers might be the best option. Your recipient will often be able to pick up the money within just a few minutes, although they cost more than other transfers.

How to send money to India without a bank account

Cash transfer services are also useful if you or the recipient doesn't have a bank account. This is because you can just pay with cash at an agent location in Australia and the recipient can pick up the cash at an agent location in India, without needing to use bank transfers.

What to watch out for

  • Mind the gift tax. Transfers over 50,000 rupees (about AUD$980, depending on the exchange rate) may be subject to a gift tax. This doesn't apply for transfers to "blood relatives" (including spouses, children, grandchildren, siblings and in-laws), or money transfers that are part of a wedding gift or inheritance.
  • Watch out for the tax on agent fees and commissions. When an NRI (non-resident Indian) sends money to India, a 12.36% service tax may be levied on the fees and commissions paid to money transmitting agents in India. This means that if your money transfer goes through an agent in India, it can cost more than other options. This could be most likely to apply to cash transfers.

More on the taxes involved when sending money to India

What to compare to get the best deal

Consider the following to find the best transfer for your needs.

  • Fees. How much is the transfer service charging for your remittance?
  • Transfer speed. If there's a deadline for the money, make sure it's going to arrive in time.
  • Payment options. Do you want to pay with cash or a credit card? You might have to look more carefully for services which let you do this.

  • Delivery methods. If the recipient doesn't have a bank account, you may need to look for a cash pick-up option.
  • Customer service. Is there customer service available to help you in case something goes wrong?
  • Exchange rates. How many INR are you getting for your AUD? This can make an even bigger difference than the fees, especially on large transfers.

Foreign exchange rates explained

An exchange rate determines how much one country's currency is worth in another currency. When a currency is strong, it yields more money when exchanging it for a weaker currency.

If you want to get the best value for money, make your transfer when the AUD is strong compared to the INR.

Today's exchange rate AUD to INR

Updated: 29 Oct 2020 14:31:31 UTC

Cash pick-up locations in India

Learn more about using the Indian rupee in India

Frequently asked questions

More guides on Finder

International Money Transfer Offers

Important Information*
Logo for TorFX International Money Transfers
TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.

Logo for SendFX International Money Transfers
SendFX International Money Transfers

SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.

Logo for WorldFirst International Money Transfers
WorldFirst International Money Transfers

Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.

Logo for OFX (Ozforex) International Money Transfers
OFX (Ozforex) International Money Transfers

$0 transfer fees for Finder customers.
No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.

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6 Responses

  1. Default Gravatar
    kumarApril 12, 2016

    want to send money to india.
    want to know which is the best and cheapest way to send.
    like i have NRE account of punjab national bank.

    • Default Gravatar
      HarryApril 12, 2016

      Hi Kumar,

      Thanks for your question.

      You can compare the ways to send money to India by clicking here. is a financial comparison website and as such we cannot provide specific banking advice. If you want advice specifically from your bank, we recommend getting in touch with Punjab National Bank.

      I hope this helps,


  2. Default Gravatar
    alateApril 2, 2015

    my son in Australia wants to send money to me. what is the best way and how much it costs

    • Avatarfinder Customer Care
      ShirleyApril 7, 2015Staff

      Hi Alate,

      Thanks for your question.

      Please note that is an online comparison service and is not in a position to recommend specific products, providers and services.

      The fee will depend on which service provider you choose. You can see these in the ‘online transfer fee’ column in our comparison tool.


  3. Default Gravatar
    JasjitJuly 17, 2014

    There are several other alternatives available. Some of them are Aussie Forex, GMT Money,PFG Money, Money Pigeon Pty Ltd etc.

    These services may or may not charge a transfer fee but their exchange rates are way better than others.

  4. Default Gravatar
    PeteDecember 15, 2013

    I truly appreciate this post.

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