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Unplex
Rate 69.2029 · Fee free
You send
C$1,000
Recipient gets
₹69,203
₹2,600 more than the most expensive provider
Affiliate link · No extra cost to you
Quick answer: The cheapest way to send money from Canada to India in July 2026 is Unplex, which delivers 69,202.93 INR on a 1,000 CAD transfer with a fee of zero. According to SendMoneyCompare's comparison of 20 providers updated every 6 hours, the difference between the cheapest and most expensive provider on this corridor is 2,560 INR.
Last reviewed: by Awais Imran, Reviews Editor
Sending C$1,000 from Canada to India. Sorted by best value — most money received.
Source: SendMoneyCompare · Data updated every 6 hours from live provider APIs
67.2480
Free
₹67,247.96
66.9725
Free
₹66,972.52
66.9255
Free
₹66,925.50
66.7777
Free
₹66,777.70
66.4351
Free
₹66,435.08
67.1203
C$10.53
₹66,413.54
66.3948
Free
₹66,394.77
66.7240
C$4.99
₹66,391.00
66.6030
C$3.59
₹66,363.92
64.9840
Free
₹64,983.97
65.2460
C$10.00
₹64,593.52
65.1251
C$30.60
₹63,132.22
64.7488
C$30.18
₹62,794.72
Potential savings: Choosing the best provider over the most expensive saves your recipient ₹2,559.59 on a C$1,000 transfer.
Canada is home to over 1.8 million people of Indian origin, making CAD to INR one of the busiest remittance corridors in the world. Provider competition is strong, and savings can be substantial.
Canadian banks are notoriously expensive for international transfers — charging $30–$80 per wire plus exchange rate markups of 2.5–4.5%. Specialist providers like Wise, Remitly, and ICICI Money2India offer dramatically better value, often saving C$40–$80 on a C$1,000 transfer.
Exchange rate
69.2029
Fee
Free
Recipient gets
₹69,202.93
Speed
Minutes to 1 business day
For a tech-comfortable sender, stablecoin rails can beat every bank and app. These aren't one-tap services — each is a fiat on-ramp → blockchain → local cash-out. Here's the all-in cost and how each works.
CoinbaseBeats mid-market
Kraken → Stellar (USDC) → Coinbase (INR) · ~5 seconds
70,275 INR
4.53% rebate all-in
Also routable via Stellar (USDC), Solana (USDC), Polygon (USDC), Arbitrum (USDC).
Source: CCXT (coinbaseexchange)
CoinDCXBitcoin · LightningBeats mid-market
Kraken → Lightning Network (BTC) → CoinDCX (BTC) · ~1 second
69,463 INR
3.32% rebate all-in
Also routable via Lightning Network (BTC), Stellar (USDC), Solana (USDC), Polygon (USDC).
Source: CoinDCX REST API
Crypto rails involve exchange accounts, wallets, and price/liquidity risk. Costs are estimates from live exchange and network data, refreshed every 6 hours. Not financial advice.
How to cash out in India →Based on SendMoneyCompare's comparison of providers on this route, CAD to INR is a growing corridor with increasing competition, though it has fewer provider options than the equivalent USA to India route. The good news is that Canadian-specific funding methods like Interac e-Transfer can reduce costs and speed up the process.
Some providers convert CAD to USD first, then USD to INR, taking a margin on each conversion. Look for providers that offer a direct CAD/INR rate — you will almost always receive more rupees with a single conversion.
For recurring transfers, it is worth checking live quotes each time rather than relying on one provider by habit. Competition on this corridor is strong enough that rankings can shift meaningfully with market moves.
Different providers excel at different things. Here's who's best for each use case on the Canada to India route.
Cheapest transfer
Unplex
Delivers the most INR for your money
Fastest transfer
Unplex
Delivers in Minutes to 1 business day
Cash pickup
Remitly
Widest cash pickup network
Bank transfer
Unplex
Best rate for bank deposit to India
Sending money to Indiais straightforward with the right provider. Here's how it works in 3 simple steps.
Choose how much CAD you want to send, compare providers above, and pick the one offering the best INR amount for your transfer to India.
Enter your recipient's details in India — you'll need their bank account number. Most providers verify details instantly.
Pay using bank transfer, debit card, or credit card. Track your money in real-time until it arrives — bank deposit (imps) typically takes minutes.
Make sure you have these details from your recipient before starting your transfer.
Full name
Recipient's name exactly as it appears on their bank account
Bank account number
Indian bank account number (9–18 digits depending on the bank)
Example: 50100002345678
IFSC code
11-character Indian Financial System Code identifying the specific bank branch
Example: HDFC0001234
Bank name & branch
Name of the bank and branch (e.g. HDFC Bank, Andheri West Branch)
Note: India does not use the IBAN system. Instead, you need the recipient's bank account number and IFSC code. The IFSC code uniquely identifies each bank branch and is printed on cheque books or available on the bank's website.
See how much your recipient would get for common transfer amounts.
Unplex
69.20 · Minutes to 1 business day
TapTap Send
67.25 · Under 3 minutes (95% of transfers)
Paysend
67.17 · 2 days
KOHO
67.18 · Instant
LemFi
67.11 · Minutes to 1 business day
InstaReM
66.87 · 1-3 business days
Unplex
69.20 · Minutes to 1 business day
TapTap Send
67.25 · Under 3 minutes (95% of transfers)
Paysend
67.18 · 2 days
LemFi
67.11 · Minutes to 1 business day
KOHO
67.18 · Instant
Remitly
66.97 · Minutes to 3-5 days
Unplex
69.20 · Minutes to 1 business day
TapTap Send
67.25 · Under 3 minutes (95% of transfers)
Paysend
67.17 · 2 days
KOHO
67.18 · Instant
LemFi
67.11 · Minutes to 1 business day
Wise
67.12 · Instant
Fees from Canada range from C$0 to C$10 with specialist providers. Canadian banks charge C$30–$80 for international wires. Interac e-Transfer funding is available with some providers and is usually free or very low cost.
The true cost of a money transfer has two components:
Transfer fee
The upfront charge — typically C$0–C$10 with specialist providers.
Exchange rate markup
The hidden cost — the difference between the provider's rate and the mid-market rate (67.1808).
Choose how you want to pay for your transfer. Each payment method has different costs and speeds.
IMPS is the preferred delivery method for speed and convenience — it works 24/7 and reaches virtually every bank account in India. For recipients in rural areas, cash pickup through Western Union or MoneyGram agent networks remains important.
Speed: 1–3 business days
Usually the cheapest option — lowest fees and no card processing charges
Speed: Minutes to hours
Fast and convenient — small card processing fee applies
Speed: Minutes to hours
Convenient mobile payment — linked card fees apply
Speed: Minutes to hours
Convenient mobile payment — linked card fees apply
Speed: Minutes to hours
Fastest option but highest fees — card issuer may charge cash advance fee
Speed: Varies
Pay cash at an agent location — available at select providers
Your recipient in India can receive money through these delivery methods. The best option depends on their location and preferences.
Instant transfer via India's IMPS system to any bank account. Available 24/7 including weekends and holidays.
Transfer via NEFT during banking hours. Settles in batches throughout the day.
Direct transfer to UPI-linked bank accounts. Growing in popularity for remittances.
Recipient collects cash from agent locations across India — available through banking correspondents and retail partners.
Transfer to Paytm or other digital wallets. Useful when the recipient prefers digital payment over bank deposit.
Important rules and requirements to know before sending money to India.
Regulatory body
Reserve Bank of India (RBI)
Inbound transfer limits
No cap on inbound remittances under RBI's Liberalised Remittance Scheme (LRS) — LRS limits only apply to outbound transfers from India
Documentation you may need
Specialist providers typically deliver to Indian bank accounts within 1–2 business days. Express options with IMPS delivery are available from Remitly and others. Bank wire transfers from Canada take 3–5 business days.
These are the most commonly used banks for receiving international transfers in India.
State Bank of India (SBI)
SBININBBXXX
HDFC Bank
HABORINBXXX
ICICI Bank
ABORINBBXXX
Axis Bank
AXISINBBXXX
Punjab National Bank (PNB)
PUNBINBBXXX
Kotak Mahindra Bank
ABORINBKXXX
Bank of Baroda
BARBINBBXXX
Canara Bank
ABORINBBXXX
Daily best exchange rates from top providers over the last 127 days. Rates shown are for sending $100.
| Date | TD Bank | Xoom (PayPal) | InstaReM | Remitly | Wise |
|---|---|---|---|---|---|
| Trend | |||||
| Jul 26 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 25 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 24 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 23 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 22 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 21 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 20 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 19 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 18 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 17 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 16 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 15 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 14 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 13 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 12 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 11 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 10 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 9 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 8 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 7 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 6 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 5 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 4 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 3 | 64.9858 | 66.1793 | 66.8735 | 66.9905 | 67.1194✓ |
| Jul 2 | 64.6379 | 65.9049 | 66.4848 | 66.6311 | 66.9473✓ |
| Jul 1 | 64.2682 | 65.5173 | 66.1321 | 66.2641 | 66.5282✓ |
| Jun 30 | 64.1834 | 65.3977 | 66.0478 | 66.1721 | 66.5654✓ |
| Jun 29 | 64.3666 | 65.4154 | 66.0005 | 66.1300 | 66.4929✓ |
| Jun 28 | 64.3666 | 65.4154 | 66.0005 | 66.1300 | 66.4929✓ |
| Jun 27 | 64.3666 | 65.4146 | 66.0005 | 66.1300 | 66.4929✓ |
| Jun 26 | 64.1397 | 65.3886 | 65.9824 | 66.2080 | 66.6403✓ |
| Jun 25 | 64.2116 | 65.4573 | 66.0288 | 66.1712 | 66.2188✓ |
| Jun 24 | 64.3855 | 65.6364 | 66.2400 | 66.3695 | 66.7661✓ |
| Jun 23 | 64.4657 | 65.7512 | 66.4608 | 66.6076 | 66.7917✓ |
| Jun 22 | 64.2703 | 65.5761 | 66.1259 | 66.2587 | 66.6041✓ |
| Jun 21 | 64.4039 | 65.5851 | 66.1912 | 66.3200 | 66.6783✓ |
| Jun 20 | 64.4039 | 65.5851 | 66.1912 | 66.3200 | 66.6783✓ |
| Jun 19 | 64.4040 | 65.6998 | 66.2511 | 66.3773 | 66.7487✓ |
| Jun 18 | 64.7469 | 65.9995 | 66.6104 | 66.7367 | 67.2759✓ |
| Jun 17 | 65.5640 | 66.7842 | 67.5195 | 67.6533 | 68.0186✓ |
| Jun 16 | 65.5640 | 66.7842 | 67.5195 | 67.6533 | 68.0186✓ |
| Jun 15 | 65.5640 | 66.7842 | 67.5195 | 67.6533 | 68.0186✓ |
| Jun 14 | 65.7317 | 66.9051 | 67.5335 | 67.6683 | 68.0581✓ |
| Jun 13 | 65.7317 | 66.9051 | 67.5335 | 67.6683 | 68.0581✓ |
| Jun 12 | 65.7317 | 66.9051 | 67.5335 | 67.6683 | 68.0581✓ |
| Jun 11 | 65.9336 | 67.2594 | 67.8376 | 67.9850 | 68.4063✓ |
| Jun 10 | 65.9336 | 67.2594 | 67.8376 | 67.9850 | 68.4063✓ |
| Jun 9 | 65.9850 | 67.3355 | 68.0746 | 68.0791 | 68.4703✓ |
| Jun 8 | 65.7162 | 67.0851 | 67.6539 | 67.7812 | 68.3511✓ |
| Jun 7 | 65.8675 | 67.0451 | 67.6913 | 67.8300 | 68.4351✓ |
| Jun 6 | 65.8675 | 67.0451 | 67.6913 | 67.8300 | 68.4351✓ |
| Jun 5 | 66.4441 | 67.8072 | 68.3469 | 68.5660 | 68.8422✓ |
| Jun 4 | 66.4409 | 67.7629 | 68.3174 | 68.5665 | 69.0213✓ |
| Jun 3 | 66.4093 | 67.7236 | 68.3576 | 68.5267 | 68.9557✓ |
| Jun 2 | 66.3115 | 67.4798 | 68.1425 | 68.3189 | 68.7994✓ |
| Jun 1 | 66.4172 | 67.7575 | 68.3880 | 68.4699 | 68.9155✓ |
| May 31 | 66.5557 | 67.7500 | 68.4079 | 68.5300 | 68.8377✓ |
| May 30 | 66.5557 | 67.7500 | 68.4079 | 68.5300 | 68.8377✓ |
| May 29 | 66.9819 | 68.4337 | 69.0212 | 69.1344 | 69.5266✓ |
| May 28 | 66.6538 | 68.0450 | 68.6527 | 68.8367 | 69.2785✓ |
| May 27 | 66.9538 | 68.2662 | 68.8943 | 68.9766 | 69.4039✓ |
| May 26 | 66.6069 | 68.2188 | 68.6385 | 68.6280 | 69.0230✓ |
| May 25 | 66.7400 | 68.0384 | 68.7399 | 68.8847 | 69.2392✓ |
| May 24 | 66.9210 | 68.1198 | 68.7852 | 68.9300 | 69.2015✓ |
| May 23 | 66.9210 | 68.1198 | 68.7852 | 68.9300 | 69.2015✓ |
| May 22 | 67.2825 | 68.6707 | 69.2977 | 69.4733 | 69.7817✓ |
| May 21 | 67.3296 | 69.1813 | 69.2720 | 69.3070 | 69.9301✓ |
| May 20 | 67.7730 | 69.1567 | 69.6695 | 69.8107 | 70.2960✓ |
| May 19 | 67.5800 | 68.9405 | 69.6398 | 69.8350 | 70.1677✓ |
| May 18 | 67.2488 | 68.6658 | 69.3369 | 69.4286 | 69.7799✓ |
| May 17 | 67.4172 | 68.6573 | 69.3355 | 69.4800 | 69.8201✓ |
| May 16 | 67.4172 | 68.6573 | 69.3355 | 69.4800 | 69.8201✓ |
| May 15 | 67.1818 | 68.6137 | 69.2153 | 69.3621 | 69.6972✓ |
| May 14 | 67.1658 | 68.5818 | 69.3087 | 69.4398 | 69.7683✓ |
| May 13 | 67.3859 | 68.6871 | 69.4124 | 69.5480 | 69.8754✓ |
| May 12 | 67.1228 | 68.5442 | 69.1525 | 69.2350 | 69.6311✓ |
| May 11 | 66.5008 | 67.8926 | 68.5072 | 68.6499 | 69.0032✓ |
| May 10 | 66.7646 | 67.9125 | 68.5724 | 68.7100 | 69.0536✓ |
| May 9 | 66.7646 | 67.9125 | 68.5724 | 68.7100 | 69.0536✓ |
| May 8 | 66.5562 | 67.8869 | 68.5537 | 68.7051 | 69.0120✓ |
| May 7 | 66.9687 | 68.3117 | 68.9872 | 69.1154 | 69.3913✓ |
| May 6 | 67.5040 | 68.7733 | 69.5636 | 69.7333 | 69.8927✓ |
| May 5 | 67.2554 | 68.6198 | 69.2838 | 69.4587 | 69.8946✓ |
| May 4 | 67.1886 | 68.5903 | 69.2211 | 69.3717 | 69.7344✓ |
| May 3 | 67.4582 | 68.6860 | 69.3746 | 69.5400 | 69.7520✓ |
| May 2 | 67.4582 | 68.6860 | 69.3746 | 69.5400 | 69.7520✓ |
| May 1 | 67.4099 | 68.7250 | 69.4382 | 69.6205 | 69.9204✓ |
| Apr 30 | 66.8062 | 68.1144 | 67.7858 | 68.9969 | 69.4410✓ |
| Apr 29 | 66.6043 | 67.9455 | 67.7858 | 68.7385 | 69.1692✓ |
| Apr 28 | 66.6881 | 67.9429 | 67.7858 | 68.1436 | 69.1196✓ |
| Apr 27 | 66.4857 | 67.8222 | 67.7858 | 68.5089 | 68.9304✓ |
| Apr 26 | 66.6578 | 67.8152 | 67.7858 | 68.5300 | 68.8243✓ |
| Apr 25 | 66.6578 | 67.8152 | 67.7858 | 68.5300 | 68.8243✓ |
| Apr 24 | 66.3124 | 67.7065 | 67.7858 | 68.4632 | 68.7969✓ |
| Apr 23 | 66.2152 | 67.5650 | 67.7858 | 68.3745 | 68.6969✓ |
| Apr 22 | 65.9898 | 67.2462 | 67.7858 | 68.1001 | 68.5160✓ |
| Apr 21 | 65.8305 | 67.1537 | 67.6812 | 67.9342 | 68.2315✓ |
| Apr 20 | 65.1441 | 66.5384 | 67.1365 | 67.1798 | 67.6550✓ |
| Apr 19 | 65.6599 | 66.6278 | 67.0945 | 67.3200 | 67.6322✓ |
| Apr 18 | 65.6599 | 66.6278 | 67.0945 | 67.3200 | 67.6322✓ |
| Apr 17 | 65.4926 | 66.6643 | 67.3267 | 67.5593 | 67.8663✓ |
| Apr 16 | 65.6362 | 66.8057 | 67.4787 | 69.0400✓ | 67.9784 |
| Apr 15 | 65.1967 | 66.4831 | 67.2035 | 69.0400✓ | 67.6234 |
| Apr 14 | 65.2391 | 65.3509 | 67.1455 | 69.0400✓ | 67.6165 |
| Apr 13 | 63.7788 | 65.1336 | 65.6656 | 69.0400✓ | 67.1849 |
| Apr 12 | 64.8298 | 66.0362 | 66.7859 | 69.0400✓ | 67.2431 |
| Apr 11 | 64.8298 | 66.0362 | 66.7859 | 69.0400✓ | 67.2431 |
| Apr 10 | 64.5405 | 65.8964 | 66.4259 | 69.0400✓ | 66.9668 |
| Apr 9 | 64.5070 | 65.7215 | 66.3708 | 69.0400✓ | 66.8281 |
| Apr 8 | 64.6363 | 65.6724 | 66.5104 | 69.0400✓ | 66.8972 |
| Apr 7 | 64.5938 | 65.8550 | 66.3185 | 66.3270 | 66.7432✓ |
| Apr 6 | 64.5764 | 65.7357 | 66.4190 | 66.4693 | 66.8979✓ |
| Apr 5 | 64.6078 | 65.3982 | 66.0267 | 66.0686 | 66.4755✓ |
| Apr 4 | 64.6078 | 65.3982 | 66.0267 | 66.0686 | 66.4755✓ |
| Apr 3 | 64.1432 | 65.6773 | 66.0244 | 66.0780 | 66.4850✓ |
| Apr 2 | 64.4671 | 65.6408 | 66.3614 | 66.3957 | 66.8053✓ |
| Apr 1 | 64.4525 | 65.6615 | 66.3204 | 66.4374 | 66.8260✓ |
| Mar 31 | 64.8809 | 66.6643 | 66.7391 | 66.8779 | 67.1772✓ |
| Mar 30 | 65.3798 | 66.8872 | 67.3147 | 67.3413 | 67.7787✓ |
| Mar 29 | 65.6821 | 66.9529 | 67.6832 | 67.7066 | 68.1418✓ |
| Mar 28 | 65.6545 | 67.2250 | 67.6003 | 67.6244 | 68.1898✓ |
| Mar 18 | 65.0881 | 66.3627 | 65.4535 | 67.1004 | 67.4756✓ |
| Mar 17 | 65.1059 | 66.2827 | 67.0167 | 67.0474 | 67.4671✓ |
| Mar 16 | 65.2259 | 66.3168 | 66.9758 | 67.0154 | 67.4571✓ |
| Mar 15 | 65.1254 | 66.3317 | 66.9060 | 66.9600 | 67.4502✓ |
| Mar 14 | 65.1254 | 66.3317 | 66.9937 | 67.0500 | 67.4502✓ |
| Mar 13 | 65.1254 | 66.3317 | 66.9937 | 67.0500 | 67.4263✓ |
Wise and Remitly are consistently the cheapest options for CAD to INR transfers. Wise offers the mid-market rate with a transparent fee, while Remitly offers competitive promotions. Both accept Interac e-Transfer for easy funding.
Yes, several providers including Wise and Remitly accept Interac e-Transfer as a funding method in Canada. This is typically free and avoids credit card surcharges.
Major Canadian banks (RBC, TD, Scotiabank, BMO) charge C$30–$80 per international wire plus a 2.5–4.5% exchange rate markup. On a C$1,000 transfer, the total cost can be C$55–$125 — compared to C$5–$15 with a specialist provider.
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