Send Money to India from UAE at Best Exchange Rates Today

Highest remittance rate for converting United Arab Emirates Dirham to Indian Rupee is 1 AED = 18.84 INR

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Compare Best Way to Transfer Money to India from UAE

If you are NRI sending money to India, then you are amongst the millions of migrants who send billions of Dirham every year to India. India is the world’s largest remittance recipient with approximately $80 billion sent to India in the year 2018, says World Bank. This is over 12 % share of the world remittances. India has experienced continuous growth in remittances since 2009. India has registered a significant flow of remittance from USD 62.7 billion in 2016 to USD 65.3 billion in 2017. All this helps India to hold its position in being number 1 remittance recipient which constituted 2.7 per cent of GDP. The UAE, which is a host of more than 3 million NRIs share total remittance of 26.9 per cent followed by the USA.

In this page, we have compared the “Top 6 money transfer services from the UAE to India”. 

Please find below the list of companies in sorted order which is providing the best money transfer service with the highest exchange rates and low fee.

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BEST VALUE FASTEST
Pay-In
Pay-Out
You Pay (Includes Fee د.إ 0) د.إ 500
Receiving Amount
₹ 9421.65
Realized Exchange Rate
18.84
kotak AED to INR Exchange Rate
18.8433
Best Value

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Transfer Time : 1-2 Days
Kotak is a one of the safest & leading money transfer service provider for sending money from UAE to India for sending amount 500. Today’s Kotak exchange rate for sending money from AED to INR is 18.8433 with a د.إ 0 fee. Based on the Exchange Rate IQ calculations it offers the Best Value for your money transfer. The realized exchange rate after considering the fees is 18.84. The pay in options available are Bank, also you can receive money using Bank, at multiple Kotak partner locations. The transfer time usually range between 1-2 Days. For more detailed review of Kotak click here
2 More Options Available

You Pay
(Sending Amount + Fee)

Exchange Rate
(kotak / Realized)

Receiving Amount
(Receiving Amount)

د.إ 500
Pay-In :
18.8433 / 18.84
2-3 Days
₹ 9421.65
Pay-Out :
د.إ 500
Pay-In :
18.8433 / 18.84
3-5 Days
₹ 9421.65
Pay-Out :
Pay-In
Pay-Out
You Pay (Includes Fee ₹ 0) د.إ 500
Receiving Amount
₹ 9396.8
Realized Exchange Rate
18.79
currencyfair AED to INR Exchange Rate
18.7936
0.27% vs Best Value

SEND NOW

Transfer Time : 1-2 Days
Promoted
Currencyfair is a one of the safest & leading money transfer service provider for sending money from UAE to India for sending amount 500. Today’s Currencyfair exchange rate for sending money from AED to INR is 18.7936 with a ₹ 0 fee. Based on the Exchange Rate IQ calculations it offers 0.27% less than the best value for your money transfer. The realized exchange rate after considering the fees is 18.79. The pay in options available are Bank, also you can receive money using Bank, at multiple Currencyfair partner locations. The transfer time usually range between 1-2 Days. For more detailed review of Currencyfair click here
Pay-In
Pay-Out
You Pay (Includes Fee د.إ 0) د.إ 500
Receiving Amount
₹ 9380
Realized Exchange Rate
18.76
remitmoney AED to INR Exchange Rate
18.76
0.42% vs Best Value

SEND NOW

Transfer Time : Same Day
Remitmoney is a one of the safest & leading money transfer service provider for sending money from UAE to India for sending amount 500. Today’s Remitmoney exchange rate for sending money from AED to INR is 18.76 with a د.إ 0 fee. Based on the Exchange Rate IQ calculations it offers 0.42% less than the best value for your money transfer. The realized exchange rate after considering the fees is 18.76. The pay in options available are Bank, also you can receive money using Bank, at multiple Remitmoney partner locations. The transfer time usually range between Same Day. For more detailed review of Remitmoney click here
Pay-In
Pay-Out
You Pay (Includes Fee د.إ 0) د.إ 500
Receiving Amount
₹ 9380
Realized Exchange Rate
18.76
yesremit AED to INR Exchange Rate
18.76
0.42% vs Best Value

SEND NOW

Transfer Time : 2-3 Days
Yesremit is a one of the safest & leading money transfer service provider for sending money from UAE to India for sending amount 500. Today’s Yesremit exchange rate for sending money from AED to INR is 18.76 with a د.إ 0 fee. Based on the Exchange Rate IQ calculations it offers 0.42% less than the best value for your money transfer. The realized exchange rate after considering the fees is 18.76. The pay in options available are Bank, also you can receive money using Bank, at multiple Yesremit partner locations. The transfer time usually range between 2-3 Days. For more detailed review of Yesremit click here
1 More Option Available

You Pay
(Sending Amount + Fee)

Exchange Rate
(yesremit / Realized)

Receiving Amount
(Receiving Amount)

د.إ 503
Pay-In :
18.76 / 18.65
2-3 Days
₹ 9380
Pay-Out :
Pay-In
Pay-Out
You Pay (Includes Fee د.إ 15) د.إ 515
Receiving Amount
₹ 9455
Realized Exchange Rate
18.36
icici AED to INR Exchange Rate
18.91
2.55% vs Best Value

SEND NOW

Transfer Time : 2-3 Days
Icici is a one of the safest & leading money transfer service provider for sending money from UAE to India for sending amount 500. Today’s Icici exchange rate for sending money from AED to INR is 18.91 with a د.إ 15 fee. Based on the Exchange Rate IQ calculations it offers 2.55% less than the best value for your money transfer. The realized exchange rate after considering the fees is 18.36. The pay in options available are Bank, also you can receive money using Bank, Cashcard, at multiple Icici partner locations. The transfer time usually range between 2-3 Days. For more detailed review of Icici click here
Pay-In
Pay-Out
You Pay (Includes Fee د.إ 0) د.إ 500
Receiving Amount
₹ 8508.45
Realized Exchange Rate
17.02
ofx AED to INR Exchange Rate
17.0169
9.66% vs Best Value

SEND NOW

Transfer Time :
Ofx is a one of the safest & leading money transfer service provider for sending money from UAE to India for sending amount 500. Today’s Ofx exchange rate for sending money from AED to INR is 17.0169 with a د.إ 0 fee. Based on the Exchange Rate IQ calculations it offers 9.66% less than the best value for your money transfer. The realized exchange rate after considering the fees is 17.02. The pay in options available are Bank, also you can receive money using Bank, at multiple Ofx partner locations. The transfer time usually range between . For more detailed review of Ofx click here

More Available Options

You can check rates of some more providers that may support your country
Make money transfers and manage your account online 24 hours a day, 7 days a week from any device. XE Money has some best customer reviews we have ever seen, which shows that the users are satisfied with its services.
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.
With Xendpay you get the best deal AND make a big difference with every transfer
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
There are more than 200 countries you can send to using MoneyGram. Fees vary depending on where you are sending, how much, and how you are paying

Money Transfer Summary

By Exchangerate IQ
  • Kotak offering best value with the highest realized exchange rate today.
  • the fastest money transfer service to send money from UAE to India.
  • Offers are available on Currencyfair, Remitmoney, Ofx money transfer services.
  • Available pay in when sending money from UAE to India Bank.
  • Available pay out when sending money from UAE to India Bank, Cashcard.
  • 6 money transfer services are available to send money from UAE to India.
  • The comparison result was last updated on May 26, 2019.
  • Money transfer guide for "India" leads you to get better understanding of compare remit.
  • Check Xemoneytransfer, Westernunion, Xendpay, Travelex, Moneygram also when sending money to India from UAE.These money transfer services might support it.
  • For the latest comparison result of UAE to India, Please visit ExchangeRate IQ regularly.

How to find the best money transfer to India from UAE

UAE to India money transfer is not the most competitive corridor as even being the largest source of remittance to India. A lot of banks and a few money remittance companies are offering these services which offer multiple offers to provide a discount and best exchange rates. The major question arises that after seeing competitive exchange rates is which company you should pick to transfer funds from UAE to India.

A lot of banks, MTOs and startups are offering these services to customers with multiple offers and benefits. Due to this competition, consumers now have a large number of choices and negotiating power. But again the question arises is which is the “best money transfer company” according to your needs and requirement of the recipient. So, here are few base points which you should consider before transferring Dirham to Rupees:

  1. Speed: How soon you want your money to reach the recipient? If you want to transfer money faster, you can use CurrencyFair Money transfer, which mostly provides instant transfer through multiple modes. While, if you have no emergency, then you can use services of XE Money, Kotak Click2Remit and Remit Money by Axis Bank, which will deliver money in 3-5 working days.
  1. Exchange Rate: The companies offer different exchange rates depending on the fees they are charging and their margin of profit. For example, XE Money provides mid-market exchange rates with no transfer fee, whereas, other companies offer live exchange rates with minimum margin and transfer fee. In CurrencyFair, you can choose your own rates and exchange immediately at excellent exchange rates.
  1. Fees and Other Taxes: There are taxes levied on every transfer depending upon the policies of both the countries which will be deducted from the amount paid. The fee is charged by companies on different types of transfers. Before transferring, watch out that you will not end up paying more than you should.
  1. Transfer Convenience: If one can transfer in an easy way without any support of customer assistance, then the company is considered as highly convenient. You can make transfers online without physically visiting its office. In the era of digitalization, mobile apps are also necessary which can ease the transfers anytime anywhere. CurrencyFair, XE Money, Kotak Click2Remit, OFX money transfer, and XendPay are offering their mobile apps.

Top Key factors to consider before transferring funds to India

There are multiple companies providing remittance services from the UAE to India, but it is not necessary that it will provide you with the best available services. It is most essential for the sender to take charge and be aware of hidden and transfer fee along with the exchange rates provided by them as well as competitors. So, you should invest your time and explore the best keeping the following factors in mind:

Reliability: You must know that the remittance company whose services you are looking for is reliable and trustworthy. There are many fraud companies come up with their plans which are not licensed and offer minimum fee with the best exchange rates, but your money will not safe with them. The most reliable path of sending funds is through a bank, which imposes higher fee and lower exchange rates.

Plan the Transaction: If you are planning to transfer funds, you should not wait for making the last minute decision or wait for any emergency. When you feel the prices are at their best, you can transfer the funds with minimum transfer fees. This will cost you less and you can make the most from your money.

Customer Service: Having a helping hand at the time of transferring funds is beneficial if in case you face any difficulty. The reputable companies offer best customer support in the event of mishap like delay or non-arrival of funds.


FAQ's

How long does an international money transfer to India from UAE take?

Most take three to five working days, although some services can transfer funds in a couple of hours. For example, Remit Money powered by Axis Bank offers same day transfers, while CurrencyFair transfers it in 1-2 days. Besides this, money order, cheque and demand draft can even take up to two weeks. So, before sending funds, you must always check the time taken in the transaction with the transferring company.
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Can I transfer money from UAE to India through my bank?

Yes, most banks offer a wire transfer service, but it is usually more expensive than using the dedicated money transfer websites or remittance companies. A lot of Indian banks like ICICI, SBI, Axis, Kotak, and YES Bank also offer online remittance services. Many remittance companies such as CurrencyFair, XE Money Transfer, MoneyGram also offers bank account to bank account fund transfer, which is way much cheaper than that of banks.
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What are the multiple ways to transfer money from UAE to India?

One can transfer and receive funds to India in multiple modes including bank transfer, cash pick-up, demand draft transfer, foreign currency cheque, wire transfer, mobile top-up and online transfer.
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Why do money transfer companies offer different exchange rates for India?

Different companies have different business models. Some offer zero fees while taking an exchange rate margin, while others ask for an upfront fee. These companies deduct their costs, profits, inter-bank changes as well as commission from the exchange rates. Therefore, all the companies have different exchange rates which depends on their business criteria.
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Can I transfer money from UAE to an account in another name to India?

Yes, most money transfer companies require you to add the details of the receiving party. If you are sending money to India online you will have to add the bank accounts of the receiving party. It could be your NRI/NRO account or someone in your family/friend. Many companies do not allow third-party transfers, so you mostly need your own account.
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Are money transfers regulated in UAE?

The transfers from UAE are free from any restrictions and Dubai Financial Services Authority (DFSA) has imposed very light restrictions or regulations on amounts of less than AED 100,000. From January 2018, the government of UAE began imposing a VAT on remittances to diversify its revenue streams and stop relying only on oil production as its primary income.
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