IndiaINRIndian Rupee

Money Transfer to India

  • We lock the rate before payment
  • More than 100 transfers every day
  • Support at every stage of the transfer
93.2 INRper 1 USDT+0.3% over 24hCalculation refreshed today at 06:491 USDT = 93.2 INROfficial rate; the final rate in the request may differ.
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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.

Transfers to India: INR to bank account via SWIFT

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 and international transfers

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 to SBI/HDFC account, card or cash: Russia's largest neutral partner

Pick the way that suits the recipient — we agree the route and the details before payment

To Visa/Mastercard

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

  • SBI
  • HDFC Bank
  • ICICI Bank

To Indian bank account

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

  • SBI
  • HDFC Bank
  • ICICI Bank

Cash INR

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

  • Mumbai
  • Pilakhuwa
  • Bengaluru

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.

Rates and cost of a transfer to India

We accept RUB, USD, EUR and USDT — we pay out in INR

Reference rate for today

  • RUB INR

    1.04per 1 RUB

    10 000 ₽ = 10 396 INR
  • USD INR

    93.2per 1 USD

    100 $ = 9 320 INR
  • EUR INR

    105.65per 1 EUR

    100 € = 10 565 INR
  • USDT INR

    93.2per 1 USDT

    100 USDT = 9 320 INR

What the recipient gets — at 1 USDT = 93.2 INR

You sendPayout in INR
100 USDT9 320 INR
300 USDT27 961 INR
500 USDT46 601 INR
1 000 USDT93 202 INR
5 000 USDT466 011 INR
Reference values update automatically. The final fee and rate are locked in the request before payment.

Banks and payment infrastructure — India

Where recipients usually get the money in India

  • SBI

    India's largest state-owned bank. SWIFT SBININBB. Broadest network of branches and ATMs in the country - over 22,000 branches.

  • HDFC Bank

    Largest private bank by assets. SWIFT HDFCINBB. Advanced mobile banking, widely used for incoming NRE/NRO transfers.

  • ICICI Bank

    Second-largest private bank. SWIFT ICICINBB. Popular with non-residents (NRI), accepts INR transfers.

  • Axis Bank

    Third-largest private bank. SWIFT AXISINBB. Competitive international transfer rates, good digital app.

  • Kotak Mahindra Bank

    Kotak Mahindra Bank — a local bank with standard account and cash services. Transfer availability depends on the details, currency, and bank rules.

How payments work in India

  • 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 of instant P2P and P2M payments: processes over 10 billion transactions per month. 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.

How the transfer works to India

Three steps from request to payout

  1. Step

    Send a request

    Fill in the form or write to us on WhatsApp or Telegram — a manager will check the available route

  2. Step

    Agree the route

    We check the recipient details and confirm the route, rate, fee and payout amount

  3. Step

    Pay for the transfer

    Once paid, the transfer goes out along the agreed route — we report the status in the messenger

What to prepare for the transfer

To Visa/Mastercard

  • Details: recipient's Visa or Mastercard number

To Indian bank account

  • SWIFT: SBININBB (SBI), HDFCINBB (HDFC), ICICINBB (ICICI)
  • Account number and recipient's name

We verify the exact details when agreeing the available route before payment.

Why people choose ATM24

Facts, not promises

No surprises on the rate

You see the rate, the fee and the payout amount before you send the money.

Request to IndiaLocked in
Rate
1 USDT = 93.2 INR
Payout method
Bank transfer
Payout currency
INR
The rate and the amount are locked when the request is confirmed and do not change afterwards.

Terms are known before payment

The route, rate, fee and payout amount are agreed before payment.

  • Route
  • Rate
  • Payout amount

Cash payout

Reference cities with payout locations. Availability of a specific location is confirmed in the request.

  • Mumbai
  • Pilakhuwa
  • Bengaluru

Confirm the city before payment

Available payout options

Only methods present in both the country description and the current route are shown.

You send
  • RUB
  • USD
  • EUR
  • USDT
INR
They receive
  • Bank transfer
  • Cash
  • MoneyGram
  • Western Union

Customer reviews

Real stories from real people

Polina Belykh

Google

Thanks to manager Emil for the promptness! I withdrew money from the ATM by code as fast as possible )

Read full review

Справедливость и истина

Google

Working scheme. Manager Stanislav did everything as discussed. The courier who delivered the money said he's been working with them for 2 years. You can relax.

Read full review

Сергей Деревцов

Google

Good rate, quick exchange

Read full review

хаосит

Google

Inadequate rate. 3.5 rubles per bat.

Read full review

Transfers to other countries

We agree the rate and the payout method before payment — pick where the money goes.

India questions: rupees, INR/USD/RUB rates and transfers from Russia

India - INR (Indian rupee), no IBAN. Below are answers to common questions about rupees and transfers.

How can I send money to India with payout in INR through ATM24?

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.

Can the recipient receive a transfer on a card or bank account in India in INR?

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.

Which banks can receive a transfer to India in INR?

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.

What recipient details are needed to send money to India in INR?

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.

How long does a money transfer to India in INR take?

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.

What is the fee for sending money to India with payout in INR?

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.

Can I pay by international card, bank transfer, or USDT while the recipient receives INR in India?

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.

What is the minimum and maximum transfer amount to India in INR?

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.

What documents are needed for a large transfer to India in INR?

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.

How much will the recipient get in INR if I send 1000 USD to India?

For a 1000 USD transfer to India, the live INR estimate depends on the current ATM24 route: 93,202.16 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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Send money to India with ATM24

We check the available payout method, rate and route and confirm the terms before payment.

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