Today's remittance service allows you to transfer money to India from the following currencies: USD, GBP, EURO, SGD, CAD, AUD, CHF, HKD, JPY, AED, SAR, DKK, NOK, SEK, QAR and etc,. Sending money to India has different ways.

Our goal is to provide the most helpful and complete guide for your rupee money transfer needs, including INR currency Exchange Rates, NRI Accounts comparison (NRO, NRE and FCNR), NRI investment opportunities in India & more...
Different Ways to Transfer Money Money Fransfer FAQ
  1. Online money transfer though banks
  2. Instant global money transfer services
  3. Wire Transfer Money to India
  4. Send money through NRI-NRE Account
  5. Online payment(Paypal)
Remittance Service Exchange Rates

Is interest on NRE or NRO taxable in India?

in Investments

Interest on the NRE and FNCR account is non-taxable (exempted from tax) in India. However, interest earned on the NRO account is taxable as per Indian taxation guidelines.

What are the Investment Facilities available to NRIs?

in Investments

Under FEMA guidelines, here are the Investment facilities for NRIs on repatriation and non-repatriation basis. Also checkout the available banking Tax Benefits available to an NRI. NRI Investments on repatriation basis Government dated securities / Treasury bills Units of domestic mutual funds; Bonds issued by a public sector undertaking (PSU) in India. Non-convertible debentures of [...]

Axis Bank – Travel Currency Card

in Q & A

Load your Axis Bank Travel Currency Card (Prepaid Travel Card) in India with foreign currency by paying in rupees, and use it to purchase or withdraw funds in any currency all over the world. Basically, you can travel abroad without carrying cash. With Axis Bank’s Travel Currency Card you can access your money any time, [...]

Is NRI Income taxable in India?

in Investments,Q & A

Income earned outside India is not taxable once the status of an NRI is achieved. NRI status confers tax exemption on all income earned and received outside India. That is, NRI income is not taxable in India, but an NRI is liable to pay tax for the income earned in India. Also, money remitted as [...]

Can NRIs invest in PPF or Small Savings Schemes?

in Investments,Q & A

No, As per RBI rules NRIs are not permitted to invest in Small Savings Schemes or Public Provident Fund (PPF). Public Provident Fund (PPF): A government-guaranteed fixed income security, this is very apt as a long-term savings instrument. Small saving Schemes: It is a money savings option provided by both the Indian Government and non-governmental [...]

Types of accounts opened by NRIs and PIO in India?

in Q & A

Non Resident Indians (NRIs) and Persons of Indian Origin (PIOs) pen, hold and maintain the following accounts without the permission from the Reserve Bank of India, Types of accounts which can be maintained by an NRIs and PIO in India are, Non-Resident (Ordinary) Rupee Account (NRO Account) Non-Resident (External) Rupee Account (NRE Account) Foreign Currency [...]

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