🇸🇬 SGD → 🇮🇳 INR · compare routes by total cost and speed
Sending SGD to INR can cost very different amounts depending on the route. The headline exchange rate is only part of it: fees, the provider's margin and speed all change how much your recipient actually gets. Use the free planner with your own amount, or read the overview below.
Arrives in seconds, 24x7 · Pay straight to a UPI ID or account
Digital remittance app · Licensed digital remitter
Indicative all-in cost ~0.72% · arrives within hours · recipient gets about INR 95,791
Low, transparent pricing · Track status in-app
Exchange house · Licensed exchange house
Indicative all-in cost ~1.22% · arrives same day – 1 day · recipient gets about INR 95,302
Walk-in help and cash options · Handles larger amounts
Bank wire (SWIFT) · Bank-to-bank transfer
Indicative all-in cost ~2.66% · arrives 1–3 days · recipient gets about INR 93,916
No practical ceiling · Clean paper trail for property, tax and business
Indicative averages for comparison, not live quotes. Rate used: 1 SGD ≈ 74.2162 INR.
Rules to know for Singapore → India
Use a MAS-licensed remitter
Remittance businesses in Singapore must be licensed by the Monetary Authority of Singapore. Check the provider on MAS's list of licensed payment service providers.
Source: MAS – Payment Services Act
PayNow–UPI link has low caps
The instant PayNow–UPI link has per-transaction and daily limits that are much lower than a bank transfer. Check the current caps, and use another route for larger amounts.
Source: MAS / NPCI linkage
Inward remittances are generally unrestricted
Money sent to India through banking channels is not capped, but it must be reported correctly and credited to the right account type.
Source: RBI – FEMA inward remittance framework
Choose the right account: NRE vs NRO
NRE: foreign earnings, fully repatriable, interest tax-free in India. NRO: India-sourced income, interest taxable (TDS applies), repatriation capped at USD 10,00,000 per FY with documents.
Source: RBI – FEMA Deposit Regulations
Gifts from relatives
Gifts from specified relatives are generally exempt from tax in India, but keep a simple record of relationship and purpose.
HDFC Bank (RemitNow)· Bank remittance service. Check which directions and countries it supports.
Razorpay· Payments platform, mainly for businesses. Check whether it supports your type of transfer.
Names and links are for convenience only. Bridgeo has no partnership with, and does not endorse, any provider, and shows none of their prices. Check availability, fees and licensing on the provider's official site before you send.
Documents to prepare
Passport and a valid national or residence ID
Beneficiary name, bank account/IBAN/wallet details
Indian PAN and bank account details of the beneficiary
Beneficiary relationship and purpose note
Frequently asked questions
What is the cheapest way to send money from Singapore to India?
It depends on the amount, the speed you need and the purpose. For a sample of SGD 1,300, the lowest all-in cost in Bridgeo's comparison is Instant payment rail at about 0.71%. These are indicative averages, not live quotes, so enter your own amount in the planner.
How long does a transfer from Singapore to India take?
From seconds (Instant payment rail) to 1–3 days (Bank wire (SWIFT)), depending on the route you choose.
Does Bridgeo send my money?
No. Bridgeo is a free planning tool. It compares routes, explains the rules and lists the documents you need. The transfer itself is made by a licensed provider you choose.
How are the exchange rates and costs calculated?
Bridgeo uses a daily indicative mid-market rate (ExchangeRate-API) and typical provider fees and margins to estimate the amount received. Real providers set their own prices, so always confirm the final quote before you send.
Informational only, not financial, tax or legal advice. Rules and fees change; confirm with your provider or a qualified adviser. Rules last reviewed 2026-11-03. Privacy