IndiaINRIndian Rupee
SBI (State Bank of India, SBININBB) - India's largest bank with a network of 22,000 branches - accepts SWIFT transfers through correspondent networks in 100+ countries. Russians transfer INR to India for diaspora, students and partners - IBAN does not apply, SWIFT code and account number are needed. India has not imposed sanctions against Russia: since 2022 the country has actively purchased Russian oil - UPI is for residents only with Indian phone number.
The route, the receiving bank and the payout amount are agreed before payment.
India is the world's most populous country and one of Russia's largest economic partners: since 2022 it has become one of the leading buyers of Russian oil and has not joined Western sanctions, pursuing a policy of strategic autonomy and sovereign foreign policy. IBAN format does not apply in India: international transfers typically require the bank's SWIFT/BIC, account number and recipient's full name. The country's largest banks are State Bank of India (SBI, SBININBB), India's largest bank with more than 22,000 branches, HDFC Bank (HDFCINBB), ICICI Bank (ICICINBB) and Punjab National Bank (PNB). SBI has an extensive international correspondent network, but transfer availability from Russia depends on the specific route, correspondent bank and AML/KYC verification.
UPI is India's national system of instant digital payments, primarily used within the country through Indian banks and mobile applications. India has not imposed its own sanctions against Russia, but international transfers still depend on the compliance policies of participating banks. ATM24 checks the available route in advance before payment. ATM24 commission - from 0.9%. International transfer settlement time is several business days.
INR. SBI, HDFC, ICICI Bank - India's largest issuers of Visa and Mastercard. SBI, HDFC and ICICI Bank - largest Visa and Mastercard issuers for NRI (Non-Resident Indians): card transfers are the standard route for Indian diaspora. Details: recipient's Visa or Mastercard number. Commission from 0.9%. Route and timing - confirm with ATM24 manager
INR. IBAN does not apply in India - SWIFT code and account number are needed. SBI and HDFC Bank are the largest with well-developed SWIFT infrastructure. SWIFT: SBININBB (SBI), HDFCINBB (HDFC), ICICINBB (ICICI). Account number and recipient's name. Commission from 0.9%, confirm route with manager
INR cash through agreed pickup locations. India has historically had a high share of cash transactions: despite UPI growth, cash INR remains the primary instrument in small towns and rural areas of the country. INR receipt at agreed locations. Commission from 0.9%. Pickup locations - confirm with ATM24 manager
To transfer to India: SWIFT code + account number + name (IBAN does not apply). UPI (digital payments) - for residents only with Indian phone number. 1 USD ~ 83-85 INR, 1 INR ~ 1.05-1.10 RUB (varies). Confirm the route with ATM24 manager.
We accept RUB, USD, EUR and USDT — we pay out in INR
RUB INR
1.04per 1 RUB
10 000 ₽ = 10 434 INRUSD INR
92.57per 1 USD
100 $ = 9 257 INREUR INR
102.07per 1 EUR
100 € = 10 207 INRUSDT INR
92.57per 1 USDT
100 USDT = 9 257 INR| You send | Payout in INR |
|---|---|
| 100 USDT | 9 257 INR |
| 300 USDT | 27 771 INR |
| 500 USDT | 46 286 INR |
| 1 000 USDT | 92 571 INR |
| 5 000 USDT | 462 857 INR |
Where recipients usually get the money in India
India's largest state-owned bank. SWIFT SBININBB. Broadest network of branches and ATMs in the country - over 22,000 branches.
Largest private bank by assets. SWIFT HDFCINBB. Advanced mobile banking, widely used for incoming NRE/NRO transfers.
Second-largest private bank. SWIFT ICICINBB. Popular with non-residents (NRI), accepts INR transfers.
Third-largest private bank. SWIFT AXISINBB. Competitive international transfer rates, good digital app.
Kotak Mahindra Bank — a local bank with standard account and cash services. Transfer availability depends on the details, currency, and bank rules.
National currency
The national currency is the Indian rupee (INR); 1 rupee = 100 paise. INR exchange rate is floating and depends on the foreign exchange market, so INR/RUB calculations change with USD/INR and USD/RUB rates.
Card systems
UPI (Unified Payments Interface) - world's largest instant payment system by transaction volume, operating through Indian banks and payment applications; typically requires an account at a supported Indian bank and local identification/phone number to use.
Payment applications
UPI (Unified Payments Interface) - national system for instant payments for goods and services. PhonePe, Google Pay India and Paytm are leading UPI apps. BHIM (Bharat Interface for Money) - government UPI app.
Interbank transfers
Reserve Bank of India (RBI) - central bank and primary regulator of the banking system. IBAN format does not apply in India: international transfers typically use the bank's SWIFT/BIC, account number and recipient's full name.
Financial regulator
India uses its own system for denoting large amounts: 1 lakh = 100,000 INR, 1 crore = 10,000,000 INR.
Special features for ATM24
India has not imposed its own sanctions against Russia.
With an ATM24 transfer the recipient gives their own bank and details, so the money lands directly on the account.
Three steps from request to payout
Fill in the form or write to us on WhatsApp or Telegram — a manager will check the available route
We check the recipient details and confirm the route, rate, fee and payout amount
Once paid, the transfer goes out along the agreed route — we report the status in the messenger
We verify the exact details when agreeing the available route before payment.
Facts, not promises
You see the rate, the fee and the payout amount before you send the money.
The route, rate, fee and payout amount are agreed before payment.
Reference cities with payout locations. Availability of a specific location is confirmed in the request.
Confirm the city before payment
Only methods present in both the country description and the current route are shown.
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Country not found
India - INR (Indian rupee), no IBAN. Below are answers to common questions about rupees and transfers.
To arrange an INR payout in India, ATM24 first checks the receiving channel for the India INR payout route. The route is confirmed before payment, including State Bank of India, ICICI Bank, card or account details, sender payment method, fee from 0.9%, and timing from 15 minutes. Bank-route examples for India: State Bank of India, HDFC Bank, ICICI Bank, Punjab National Bank, and Bank of Baroda.
Yes, where available, the recipient can receive a transfer on a bank-issued card or bank account in India in INR on the India INR payout route. ATM24 checks the bank, card or account number, recipient name, and payout currency before payment; Visa, Mastercard, UnionPay, or local bank-card availability depends on the route. For example, HDFC Bank may require a different set of details than Punjab National Bank, so card and account routes are confirmed separately. Bank-route examples for India: State Bank of India, HDFC Bank, ICICI Bank, Punjab National Bank, and Bank of Baroda.
For India, ATM24 can review an INR payout through banks such as State Bank of India, HDFC Bank, ICICI Bank, Punjab National Bank, and Bank of Baroda. The manager checks whether the selected bank route supports the incoming transfer and which account or card details are needed. The bank route is confirmed before payment.
To prepare an INR payout in India, start with the exact recipient name and receiving route. ATM24 checks HDFC Bank, ICICI Bank, card or account details, and any route-specific field before payment. The manager clarifies missing data before the order is paid. Bank-route examples for India: State Bank of India, HDFC Bank, ICICI Bank, Punjab National Bank, and Bank of Baroda.
A money transfer to India in INR can begin from 15 minutes, but timing is route-based. ATM24 checks recipient details, amount, and banks such as ICICI Bank or Punjab National Bank. Documents or bank review can extend the processing time. Bank-route examples for India: State Bank of India, HDFC Bank, ICICI Bank, Punjab National Bank, and Bank of Baroda.
The fee for sending money to India with payout in INR is calculated from 0.9% through ATM24. ATM24 shows the sender the fee, exchange conditions, payout route through HDFC Bank or ICICI Bank, and amount the recipient should receive before payment. Bank-transfer fees, card conversion fees, and DCC markups from the sender's provider are separate. Bank-route examples for India: State Bank of India, HDFC Bank, ICICI Bank, Punjab National Bank, and Bank of Baroda.
Yes, ATM24 can calculate a transfer to India in INR where the sender pays by an available payment method. The manager checks whether payout should go through UPI, a bank-issued card, or a bank such as State Bank of India. The India INR payout route is confirmed separately from card-issuer fees, sending-bank costs, and USDT network costs. Bank-route examples for India: State Bank of India, HDFC Bank, ICICI Bank, Punjab National Bank, and Bank of Baroda.
ATM24 accepts transfers to India in INR from 100 USD or the equivalent. The maximum amount is not a single country-wide number; it depends on the India INR payout route, bank rules, payout channel, sender payment method, and recipient data. For a large transfer, the manager confirms the limit and documents before the sender pays. Bank-route examples for India: State Bank of India, HDFC Bank, ICICI Bank, Punjab National Bank, and Bank of Baroda.
A large INR payout to India can need document checks when the amount, bank, or recipient route requires it. ATM24 reviews State Bank of India, HDFC Bank, ICICI Bank, Punjab National Bank, and Bank of Baroda with sender ID, source-of-funds details, and payment purpose if needed. The sender receives the checklist before payment. Bank-route examples for India: State Bank of India, HDFC Bank, ICICI Bank, Punjab National Bank, and Bank of Baroda.
For a 1000 USD transfer to India, the live INR estimate depends on the current ATM24 route: 92,571.4 INR. ATM24 calculates fee from 0.9%, exchange conditions, and the recipient route through State Bank of India or HDFC Bank. The final INR amount is fixed before payment. Bank-route examples for India: State Bank of India, HDFC Bank, ICICI Bank, Punjab National Bank, and Bank of Baroda.
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