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Mid-market GBP/INR rate — the fairest rate, before provider markups.
1 GBP = 127.224 INR
1 INR = 0.00786 GBP
Source: median of multiple independent feeds. For indicative purposes only.
In the news
INR at 92.98/USD (April 2026): Should You Send Money to India Now or Wait?
The rupee is 9.18% weaker than a year ago at ₹92.98/USD, with the RBI actively intervening in FX markets. Here's a decision framework for when to send USD/INR and GBP/INR transfers — and how much timing really matters.
100 GBP
12,722.43 INR
500 GBP
63,612.16 INR
1,000 GBP
127,224.31 INR
5,000 GBP
636,121.56 INR
10,000 GBP
1,272,243.12 INR
25,000 GBP
3,180,607.8 INR
50,000 GBP
6,361,215.6 INR
100,000 GBP
12,722,431.19 INR
Based on mid-market rate. Actual provider rates will differ — compare below.
What you'd actually receive sending 1,000 GBP via each provider today.
128,929.12
INR received
Rate 127.2498 · No fee · Under 3 minutes (95% of transfers)
127,249.76
INR received
Rate 127.2243 · 2.00 GBP fee · Instant
126,969.86
INR received
Rate 127.1225 · 1.99 GBP fee · Minutes to 3-5 days
126,869.56
INR received
Rate 127.0208 · 1.25 GBP fee · Minutes to 1 business day
126,861.98
INR received
Rate 126.8299 · No fee · 2 days
126,829.92
INR received
Rate 126.8045 · No fee · 1-3 business days
126,804.47
INR received
Rate 126.8935 · 1.49 GBP fee · Instant
126,704.46
INR received
| Provider | Rate | Fee | You Receive | Speed |
|---|---|---|---|---|
| UnplexBest rate | 128.9291 | Free | 128,929.12 INR | Minutes to 1 business day |
| TapTap Send | 127.2498 | Free | 127,249.76 INR | Under 3 minutes (95% of transfers) |
| Profee | 127.2243 | 2.00 GBP | 126,969.86 INR | Instant |
| Remitly | 127.1225 | 1.99 GBP | 126,869.56 INR | Minutes to 3-5 days |
| LemFi | 127.0208 | 1.25 GBP | 126,861.98 INR | Minutes to 1 business day |
| Paysend | 126.8299 | Free | 126,829.92 INR | 2 days |
| InstaReM | 126.8045 | Free | 126,804.47 INR | 1-3 business days |
| MoneyGram | 126.8935 | 1.49 GBP | 126,704.46 INR | Instant |
The UK has one of the largest Indian diaspora populations outside India, making GBP to INR one of the busiest remittance corridors globally. The rate is influenced by both BoE and RBI monetary policy, UK-India trade relations, and oil prices (which affect India's current account). Competition on this corridor has driven markups down significantly in recent years.
Tip
Compare at least 3 providers before each transfer — the cheapest option on GBP to INR can vary day to day depending on which provider is running a promotion or has the tightest spread.
Track how provider rates have changed over time. See which providers consistently offer the best GBP to INR rates.
The mid-market rate is the midpoint between the buy and sell prices on global currency markets — it's the fairest exchange rate available. We aggregate data from 4 independent sources and take the median value, which eliminates outliers and provides a more reliable rate than any single source.
When a money transfer provider quotes you a rate, compare it against the mid-market rate shown on this page. The difference is the provider's markup — their profit on the currency conversion. On the GBP/INR pair, the best providers typically mark up by 0.3–1.5%, while banks can mark up by 2–5%.
The mid-market rate for GBP to INR today is 127.224, meaning 1 British Pound buys 127.224 Indian Rupee. The inverse rate is 1 INR = 0.00786 GBP. This is the interbank reference rate — money transfer providers apply a markup above this, so the rate you receive will be slightly lower.
Funding via Faster Payments (UK bank transfer) typically saves £2–5 compared to debit card. IMPS delivery in India means recipients can receive funds within minutes of processing. The UK has one of the largest Indian diaspora populations outside India, making GBP to INR one of the busiest remittance corridors globally.
Based on today's quotes, Unplex is offering the best GBP to INR rate — sending 1,000 GBP gives your recipient 128,929.12 INR. Rankings shift daily, so compare the full table above before every transfer. Compare at least 3 providers before each transfer — the cheapest option on GBP to INR can vary day to day depending on which provider is running a promotion or has the tightest spread.
The total cost of a GBP to INR transfer has two parts: the exchange rate markup (the gap between the mid-market rate and the provider's rate) and any flat fee. The best specialist providers on this corridor typically charge a markup of 0.3–1.5% plus a small flat fee, while banks can add 2–5% in markup. The table above shows you exactly how much INR your recipient would receive from each provider on a 1,000 GBP transfer.