People living abroad might need to send money to their loved ones back home during any time of the year. It can be very helpful to have a mediator who can safely transfer your money to the bank account of your family member in India. Thanks to technological advancements, there are various ways today to transfer money in electronic form. This is a quick and safe way to do a transaction to such a long distance. There are various money transferring options that are provided by some of the top banks and money transferring agencies in India. Let’s get to know a little more about making a smooth money transfer to India.
– Several banks in India including Union Bank of India, Federal Bank, Bank of Baroda, ICICI Bank, HDFC Bank and more that are qualified by the National Electronic Funds Transfer (NEFT) network, allow you to transfer any amount up to $900 to any place in India without charging any transfer fee. Such offers make the transferring process feasible and convenient.
– The best part about sending money to India online is the speed at which it reaches the receiver. Within minutes you can transfer up to Rs. 200,000 through your debit or credit card to selected banks in India. You can also instantly transfer money to financial service companies, and your parents or friends can come and collect the amount from various centres all over the country.
– There are so many applications that have been developed now that help you transfer money to India at the comfort of your office or while you are on the go. These apps can be downloaded on your iPhone, iPad or Android phones.
– The easy mode of payment and a simple process makes online transfer so easy for people living miles away from their dear ones. You can choose to send the money through your online banking, debit or credit card, as per your convenience. Just by following a few simple steps and a few clicks you can send a chunk of money to your family who is in India. Isn’t that amazing! All you got to do is register yourself, select your mode of transfer and add the details of your receiver and the amount you want to transfer.
There are several other benefits associated to money transfer in India offered by various top Indian banks as well as money transfer mediators. So, choose the mode that fits your requirements and transfer money to India without any hassle.