Remittances to India, sending money to India

India remittance statistics

Remittances to India are money transfers from Non-resident Indians (NRIs), employed outside the country to family, friends or relatives in India. NRI remittance is one of the biggest source of foreign exchange for India and helps India’s foreign exchange reserves. Sending money to India has become easy with different banking offering these services online. India is the world's leading receiver of remittances, claiming more than 12% of the world's remittances in 2015

Source Countries
Country Money Sent (US$ millions)
United Arab Emirates $12,573
United States $10,956
Saudi Arabia $10,509
Pakistan $4,693
Kuwait $4,566
Qatar $3,986
United Kingdom $3,615
Oman $3,036
Nepal $2,724
Canada $2,706

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