Send money to India

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

Last updated:

Get the best deal on your next money transfer to India.

Online money transfer companies usually offer the lowest fees and the most competitive exchange rates, but you’ll need to send cash if your recipient doesn’t have an account with a supported bank.

Send money with WorldRemit

  • Use the code 3FREE to pay no fees on your first three money transfers
  • Choose how you want to send your money - via bank transfer, cash pickup or mobile money
  • Instant money transfers available
Promoted

    Send money with WorldRemit

    • Use the code 3FREE to pay no fees on your first three money transfers
    • Choose how you want to send your money - via bank transfer, cash pickup or mobile money
    • Instant money transfers available
    Promoted

    Enter the amount you’d like to send in the table below

    These providers specialise in offering low rates to people sending amounts below £10,000.

    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
    GBP 50 2 days GBP 2.99 88.384 INR
    441,657
    Send money online anytime, anywhere, with a simple to use platform and transparent fees and exchange rates shown upfront. Go to site Show details
    GBP 50 Same day GBP 1.90 88.589 INR
    442,777
    Instant or 1 hour transfers to over 50 countries, send money directly to bank accounts or over 280,000 cash pickup points. Go to site Show details

    Compare up to 4 providers

    Finder.com only compares FCA regulated international money transfer providers.

    Enter the amount you’d like to send in the table below

    These providers specialise in offering low rates to people sending amounts over £10,000.

    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
    GBP 2,500 1 day GBP 0.00 88.384 INR
    883,842
    Make transferring money abroad as simple and safe as possible with bank-beating exchange rates - online, via the app or over the phone. Go to site Show details
    GBP 1,000 1 - 2 days GBP 0.00 88.562 INR
    885,624
    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.
    Go to site Show details
    GBP 3,000 1 day GBP 20.00 88.473 INR
    882,964
    Make an informed decision with a personal touch, whether it's a business or personal transfer, with rate alerts, charts and live rates to help you make your choice. Go to site Show details

    Compare up to 4 providers

    Finder.com only compares FCA regulated international money transfer providers.

    What to know when transferring money to India

    • Exchange rates. Nearly all providers skew exchange rates for a profit. Compare the rate you’re offered to the mid-market rate — the rate banks and transfer services use when they trade among themselves — and look for the smallest margin between them.
    • Transfer fees. Find out whether the provider charges a flat fee or a percentage of your transfer. If you’re sending a large amount, ask whether you qualify for a fee-free money transfer to India.
    • Bank partners. Many providers list their Indian bank partners online. See if your recipient’s bank is affiliated with your provider before initiating a transfer.
    • Transfer speed. If it needs to be there fast, companies like Western Union and MoneyGram allow for quick cash pickups, often in minutes.
    • Transfer limits. For large transfers, compare and find the best exchange rate — especially since providers encourage large transfers by offering low fees. For smaller amounts, consider the fees you’ll pay on top of the exchange rate.
    • Payment scheduling. Ask whether you can schedule payments ahead of time or protect your transfer against market fluctuations with a limit order or forward contract.
    • Customer service. Most companies offer customer service by Internet chat, phone, in person or by email. Make sure help will be available if you need it.

    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. India’s exchange rate is flexible, which means it can change from moment to moment due to factors such as interest rates, economic stability and inflation.

    Today’s exchange rate GBP to INR

    What are all the ways I can send money to India?

    Western Union and MoneyGram provide the largest money transfer networks in the world, with thousands of agent locations around the globe, but it’s always smart to compare your options and see what works best for you.

    • Bank transfers. Many banks in the UK allow you to wire money to banks in India. However, this option generally doesn’t offer the best exchange rates or lowest fees.
    • Money transfer providers. Companies like TransferWise and WorldRemit make international money transfers to India easy.
    • Providers with cash pickup. Western Union, Remit2India, MoneyGram and Ria offer the option of cash pickups from thousands of agent locations across India.
    • International money orders. Another option is to get an international guaranteed cheque from your bank.

    How to send money to India

    1. Register for an account. Supply the provider with your name, address, contact details, proof of ID and your selected payment method.
    2. Sending to who? Provide your recipient’s name and contact information.
    3. How much? Choose the amount of money you wish to transfer.
    4. Almost there… Complete your transaction and save any reference number you receive so that you can monitor your transfer.

    You’ll need to give your recipient the transaction reference number to allow them to pick up your funds – they’ll also need to bring along a photo ID. For larger transfer amounts, phone ahead to an agent location to make sure it has sufficient cash available for your recipient to collect.

    Banks vs. money transfer companies

    Most banks in the UK offer the option to send funds to India, but they typically charge high transfer fees and offer exchange rates that are significantly lower than the mid-market rate — or the rate banks and transfer providers use when trading among themselves.

    A reputable money transfer specialist can often offer better exchange rates and also charge lower fees, saving you money and putting more rupees into your recipient’s pocket.

    Case Study: Virat sends money to India

    Virat lives and works in the UK and wants to send £1,000 of his salary to his parents in Mumbai. He approaches his bank for a wire transfer but is shocked when he sees its weak exchange rate and high fees. He compares his bank’s services with those of an independent money transfer specialist to see who offers the better deal.

    Major bankMoney transfer specialist
    Exchange rate1 GBP = 86.31 INR1 GBP = 88.57 INR
    Transfer fee£15£0.99
    Transfer speed
    1–3 business days2–4 business days
    Transfer optionsBank account deposit, cash pickupBank account deposit
    Total rupees received
    86,310 INR88,570 INR

    Virat discovers that his family could receive some 2,260 more Indian rupees if he sends his money through a money transfer specialist. And he can save himself a further £14 in transfer fees.

    Same-day cash transfers in India

    You might need to send an emergency cash transfer to India — for example, if a relative or friend travelling through the country loses their wallet. When a fund transfer is urgent, the fastest option will often be the most expensive one. Be sure to carefully review the exchange rate and transfer fee against your needs so that you understand exactly how much it will cost you.

    Tips for picking up cash in India

    When collecting funds in India, it’s always wise to exercise good personal security. Just as you would at home, be careful when you pick up your money. Take a friend along for added security and don’t display your cash unnecessarily. Avoid high-crime areas and deposit your funds into your bank account as quickly as possible.

    Back to top

    Cash pickup locations in India

      Was this content helpful to you? No  Yes

      Ask an Expert

      You are about to post a question on finder.com:

      • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
      • finder.com is a financial comparison and information service, not a bank or product provider
      • We cannot provide you with personal advice or recommendations
      • Your answer might already be waiting – check previous questions below to see if yours has already been asked

      Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

      By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

      Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
      Go to site