Best Way to Send Money to India
from Germany
Compare live EUR to INR exchange rates across 4 leading platforms. Find the cheapest transfer for your money.
Indian Diaspora
160,000
Annual Remittance
$1.2 billion
Average Transfer
€1,000
Top Providers for Germany → India
4 providers compared
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Frequently Asked Questions: Germany → India
What is the cheapest way to send money from Germany to India?
Wise offers the best EUR to INR exchange rate with low transparent fees. Remitly is also competitive, especially for first-time users.
How long does a EUR to INR transfer take?
Wise and Remitly typically deliver within minutes to hours via SEPA transfer.
Do I need to report remittances from Germany?
Under the Außenwirtschaftsgesetz, cross-border transfers above €12,500 must be reported to the Bundesbank for statistical purposes.
Is sending money from Germany to India taxable?
No. Remittances are not taxable in Germany or India under normal circumstances.
Send Money to India From Other Countries
Germany is home to an Indian diaspora of approximately 160,000 people, contributing $1.2 billion in annual remittances to India. RemitIQ helps you compare live EUR to INR exchange rates across 4+ platforms to find the absolute best deal — no hidden fees, no conflicts of interest.