Best Way to Send Money from Singapore to India

Compare live SGD to INR exchange rates and fees from top providers. Find the cheapest and fastest way to send money from Singapore to India.

What is the cheapest way to send money from Singapore to India?

The cheapest way to send money from Singapore to India is through InstaReM (Nium), Wise, or Remitly, which offer competitive SGD to INR rates with fees starting from S$1–$4. InstaReM, being Singapore-headquartered, often provides the best rates for this corridor.

SGD
Indian Rupee

Click "Compare Rates" to see live exchange rates from 15+ providers for SGD to INR transfers.

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Tips for Sending Money from Singapore to India

  • Use PayNow for instant, free funding from any Singapore bank — available with Wise and InstaReM.
  • InstaReM (Nium), headquartered in Singapore, often offers the best SGD-INR rates with zero transfer fees.
  • For transfers above S$2,000, compare InstaReM and Wise side-by-side — InstaReM's zero-fee model frequently wins.
  • MAS-regulated providers only — verify your provider is licensed by the Monetary Authority of Singapore.

Regulatory Information

MAS (Monetary Authority of Singapore) regulates all money transfer operators. Identity verification required. India has no receiving limit for NRE/NRO accounts under FEMA.

Frequently Asked Questions: Singapore to India Transfers

How long does a money transfer from Singapore to India take?
Most digital services deliver SGD to INR transfers within 1–2 business days. InstaReM and Wise typically complete transfers within 24 hours for bank deposit payouts.
What is the best SGD to INR exchange rate today?
SGD to INR rates change constantly. Use our live comparison tool to see real-time rates. InstaReM and Wise typically offer rates closest to the mid-market rate for this corridor.
Can I use PayNow to send money to India?
Yes, several providers including Wise and InstaReM accept PayNow as a funding method from Singapore bank accounts. This provides instant funding for your transfer.
Are there limits on sending money from Singapore to India?
MAS regulations require identity verification for transfers. Most providers allow up to S$50,000 per transfer for fully verified accounts. There are no receiving limits for NRE/NRO accounts in India.

Rates and provider data updated daily. Page last reviewed: March 2026.

Reviewed by Tarika Chandel