TCS calculator
Work out the Tax Collected at Source on money sent abroad for education — nil when an approved education loan funds it, 2% above the ₹10 lakh threshold when it does not.
Free tools
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.
The rest of the set
Work out the Tax Collected at Source on money sent abroad for education — nil when an approved education loan funds it, 2% above the ₹10 lakh threshold when it does not.
Enter the rate your bank quoted and see the spread buried inside it, in rupees. The fee you can see is small; the markup you cannot see is large.
Track your Liberalised Remittance Scheme usage across every bank you use. The limit is USD 250,000 per person per financial year, and no single bank can see your total.
Work out what the Guaranteed Investment Certificate costs in rupees at today’s rate, including the conversion, our charge and any TCS.
Work out what the Sperrkonto costs in rupees at today’s rate, including the conversion, our charge, the setup fee and any TCS.
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.