Free tools
Six calculators for sending money abroad from India. No sign-up, and the same engine that produces our quotes — so nothing here will change when you speak to us.
What each one does
Converts at the rate we would actually give you, with our 1% charge already inside the number rather than added afterwards. Most converters show the interbank rate, which nobody can transact at — the gap between that and what you are quoted is the thing this tool exists to remove.
Tax Collected at Source is charged on money you send abroad, and for education it is nil when an approved loan funds the transfer. Self-funded, it is 2% above the ₹10 lakh threshold — on ₹20,00,000 that is ₹20,000 taken upfront and reclaimed a year later in your ITR. The threshold counts everything you have already sent this financial year, across every bank, so a second transfer can be taxed when neither one crosses it alone.
Enter the rate your bank quoted and this shows the spread hidden inside it, in rupees. Banks rarely state a markup; they quote a rate and let the difference sit in it. This is the same arithmetic your bank did, run backwards.
The Liberalised Remittance Scheme caps you at USD 250,000 per person per financial year, aggregated across every bank you use. No single bank can see your total, which is why people breach it by accident. The limit is per person, so a second parent has their own — and for education specifically an authorised dealer can release beyond it against a written fee estimate from your university.
Canada requires a fixed sum parked in a GIC before the study permit is issued. This works out what that costs in rupees today, including the conversion, our charge and any TCS — the number you actually need in your account, not the number on the government website. The amount is re-indexed by IRCC each year, usually around September.
Germany requires a blocked account funded before the visa is issued, which then releases a fixed amount to you each month. This works out what it costs in rupees today, including the conversion, our charge and any TCS. Note what it does not cover: the account releases nothing until you have a German current account linked to it, which takes two to four weeks after you land.
Questions
Yes, and they work without giving us your details. They use the same compliance engine and the same live rates as our quotes, so what a calculator tells you is what a quote will tell you.
Rates refresh hourly from a market reference feed and already include our charge. They are indicative rather than bookable — your quote is confirmed when we speak, which is when a rate can actually be held for you.
Because the ₹10 lakh threshold applies per person per financial year, not per transfer. Two ₹6 lakh remittances are taxed on the portion above the threshold even though neither crosses it alone, and only your own records show the total.
Talk to us
Rate, markup in rupees, TCS and the paperwork you’ll need — for your amount and your university, not a worked example. Tell us the transfer and we will call you back.