Here’s a fact for you: India is thought to have the largest diaspora on the planet, with the United Nations estimating that over 18 million people from India live outside their home country. As you might imagine, India also receives more in remittances than anywhere else, so if you’re working hard and sending money to India, you’re far from alone.

At Remitly, we think that transferring Indian rupees should be an easy process that doesn’t come with high transfer fees or unclear exchange rates attached. Convenience is also important, which is why you can choose to have your money picked up in cash by your recipient, send the funds to a UPI address, or simply opt to make the remittance to an Indian bank account. Here’s how to make the transfer if your recipient is with HDFC Bank. 

Send Money to HDFC Bank in 5 Easy Steps

Sending Indian rupees to an HDFC Bank account is easy with Remitly. Here’s how it’s done.

  1. For first-time users, download the Remitly app and create a profile. Then select India as your destination country.
  2. Enter the amount you wish to send.
  3. Choose Bank Deposit as your delivery method and HDFC Bank as your location.
  4. Enter your recipient’s name and bank account details.
  5. Enter your payment details.

You can then review all the information to ensure there are no mistakes. Your INR money transfer will be a fast and clear process, with your recipient able to receive SMS updates so know when the Indian rupees are available.

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Why Should I Use Remitly to Send Money to HDFC Bank?

Our mission is to make sending money to India as straightforward as possible. That’s why our app is designed in a clear, simple way. We also know that the price of a transfer can make all the difference, which is why we provide our millions of members with low transfer fees and great exchange rates. Don’t worry if you change your mind and want to cancel an Indian rupee transfer. If you cancel before the transfer has completed, you’ll be refunded without any issues.

How Quickly Will My Money Arrive at HDFC Bank?

Whether you need to send funds back home quickly, or time isn’t particularly pressing, we’ve got you covered. With our Express option, the money should arrive in your recipient’s HDFC Bank account typically within minutes while the Economy route will take up to a few hours.

How Much Money Can I Send to HDFC Bank with Remitly?

Whether your Indian rupee transfer is big or small, you’ll always be able to help your loved one using the Remitly app. Abiding by international regulations is important for maintaining your online security, which is why we do have sending limits. If you’ve provided us with the base-level amount of verification information, you can send up to the following limits:

  • US$2,999/€5,000/AUD$2,999/£5,000 within 24 hours
  • US$10,000/€15,000/AUD$10,000/£15,000 within 30 days
  • US$18,000/€50,000/AUD$18,000/£50,000 within 180 days

If your friend or family member needs more Indian rupees, that’s no problem. Just get in touch with us to provide some more verification details, and we can unlock higher sending limits for you.

Is it Safe to Send Money to HDFC Bank with Remitly?

It’s good and proper to be concerned about your security whenever you make money transfers online. At Remitly, you can have peace of mind knowing that we have in-house digital security experts, and employ bank-level encryption to keep our members’ details safe. Remember too that transfers come with SMS/text notifications so you’ll always be clear on exactly what’s happening. If there’s an error in the transfer for whatever reason, you’ll get your money back.

Read on here to know more about security at Remitly

More about HDFC Bank

HDFC Bank is one of the leading financial institutions in India, with well over 5,000 branches and 14,500 ATMs across thousands of towns and cities. Its place in Indian society and culture is unrivalled – in 2020, HDFC Bank came top of the annual BrandZ Top 75 Most Valuable Indian Brands list for the seventh year in a row. In the same year, it was named the most outstanding financial company in India by Asiamoney.

As well as being a powerhouse bank, it also ploughs money back into social projects. A recent example is its “Smart Up Unnati” mentoring scheme, which sees high-flying female executives at HDFC Bank providing advice and insights to women entrepreneurs. 

About Remitly

We understand that moving to a new country to adopt a new lifestyle and work culture is a huge step. That’s why we’re proud to make life easier for millions of migrants by providing a reliable, easy-to-use remittance app which lets you support loved ones with a few taps. With every single transaction automatically tracked, you can rest easy knowing Indian rupees will be with your friends and family whenever the money is needed.

Learn more about Remitly and download the app today.

 

This publication is provided for general information purposes only and is not intended to cover all aspects of the topics discussed herein. This publication is not a substitute for seeking advice from an applicable specialist or professional. The content in this publication does not constitute legal, tax, or other professional advice from Remitly or any of its affiliates and should not be relied upon as such. While we strive to keep our posts up to date and accurate, we cannot represent, warrant or otherwise guarantee that the content is accurate, complete or up to date.