How to remit money to India ?

If you are an NRI/PIO , you will need to remit money  to  India for your family maintenance from time to time.

There are many options available if you wish to remit funds to India from abroad

Some modes of transfer are relatively cheaper.

I am compiling a few popular modes of remittance  below:

SWIFT/Wire Transfer/Telegraphic Transfer


Wire transfer is the most popular mode of fund transfer worldwide. A wire transfer is a sort of electronic payment system that authorizes the bank to wire funds from customer’s account to another bank’s account. It ensures of observing the maximum security while making payment and it is also very quick. There is a fee that needs to be paid while transferring the funds. You should check the same with your bank while remitting the funds.

Funds Transfer through Cheques / Demand Drafts / Traveller’s Cheques

This is one of the oldest modes of fund transfer,. You can send Cheques / Demand Drafts to your branch in India along with a letter of instruction mentioning the account number where the funds have to be credited. However, this is a very lengthy process and cheque clearance can take weeks.

Online modes of remittance

There are many websites that let you transfer money from the comfort of your house.

HDFC Bank –  Quickremit (Available for EUR, SGD & GBP only)

  • Funds can be remitted to anyone , both remitter and beneficiary need not hold accounts with HDFC Bank.

ICICI Bank –  Money2India 


SBI Global Link Services

TimeofMoney –  Remit2India  (24 countries and in 10 currencies): – (51 countries )

Exchange Houses

These modes of remittance are very popular in Middle East. You can send funds directly into the recipient’s account from exchange houses.

Western Union

With over 150 years of experience and more than 500,000 agent locations in over 200 countries and territories, millions of people trust Western Union to send money to friends and loved ones.


Like western union, moneygram lets you send funds to your loved ones. Approx 350,000 agent location worldwide.

I shall keep updating this post . Do share with us your preferred mode of remittance.

If you liked this post, don’t forget to like us.




Leave a Comment

Customized Social Media Icons from Acurax Digital Marketing Agency
Visit Us On FacebookVisit Us On TwitterVisit Us On Google PlusVisit Us On LinkedinVisit Us On Youtube