How to send money to Tanzania from India with the best INR-TZS rate

We’ve analysed and compared 4 ways to send money from India to Tanzania.

Wise with bank transfer deposit and bank deposit payout is the cheapest way to send money from India to Tanzania. Sending 22,100 INR will get you 585,863.27 TZS in Tanzania.

Best companies for INR/TZS transfers

4 of 4 providers

Last updated on 2 September 2026 This page updates weekly. We collect, store, and analyze INR/TZS exchange rates from our comparisons.

Based on 22,100 INR transfer

Best companies for INR/TZS transfers

All money transfer offers for INR/TZS transfers, sorted by most TZS received. The first two offers may be sponsored promotions. Some offers here pay us a commission.
Sort Cheapest
Promoted
Wise

Wise

Pay via Bank transfer
Fee ₹1,076.45 1 INR = 27.8670 TZS +0.23% vs mid-market Recipient gets TZS 5,85,863.27 Same day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Tanzania with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
₹1,076.451 INR = 27.8670 TZS
TZS 5,85,863.27You pay₹22,100.00

Run a live search

Showing top India to Tanzania deals for 22,100 INR. Do a live search with your exact amount for today's best rates.
Wise

Wise

Pay via Bank transfer
Fee ₹1,076.45 1 INR = 27.8670 TZS +0.23% vs mid-market Recipient gets TZS 5,85,863.27 Same day
CheapestUsing Bank transfer with Wise is the cheapest way to send money to Tanzania from India.RecommendedBased on our editorial reviews, Wise is our recommended way to send money from India to Tanzania.
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Tanzania with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
₹1,076.451 INR = 27.8670 TZS
TZS 5,85,863.27You pay₹22,100.00
Send Money Between PayPal Accounts
PayPal App (P2P Transfer)

PayPal App (P2P Transfer)

Pay via Bank transfer
Fee ₹884.00 1 INR = 26.2554 TZS +6.00% vs mid-market Recipient gets TZS 5,57,035.13 Minutes
0 reviews
FastestPayPal App (P2P Transfer) with Bank transfer deposit is the fastest way to send INR to Tanzania.

Ways to receive money in Tanzania with PayPal App (P2P Transfer) when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes
₹884.001 INR = 26.2554 TZS
TZS 5,57,035.13You pay₹22,100.00
Send cash via a MoneyGram agent
MoneyGram Agent

MoneyGram Agent

Pay via Bank transfer
Fee ₹884.00 1 INR = 26.2554 TZS +6.00% vs mid-market Recipient gets TZS 5,57,035.13 Minutes - 3 days
0 reviews

Ways to receive money in Tanzania with MoneyGram Agent when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
₹884.001 INR = 26.2554 TZS
TZS 5,57,035.13You pay₹22,100.00
Send cash via a Western Union agent
Western Union Agent

Western Union Agent

Pay via Bank transfer
Fee ₹663.00 1 INR = 25.9761 TZS +7.00% vs mid-market Recipient gets TZS 5,56,849.95 Minutes - 5 days
0 reviews

Ways to receive money in Tanzania with Western Union Agent when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 5 days
₹663.001 INR = 25.9761 TZS
TZS 5,56,849.95You pay₹22,100.00
How Our Results Work
Mid-market rate: 1 INR = 27.931305 TZS Updates every 60 minutes.

How to send money from India to Tanzania

Pick a company

For a one-off transfer to Tanzania, I suggest picking the cheapest option which is Wise.

On a 22,100 INR transfer, Wise delivers the most TZS.

The best option will change depending on how much you actually send, so I suggest to get the best INR/TZS rate.

Fund your transfer

You can fund your transfer via bank transfer.

Most people pay with UPI straight from their banking app, and it reaches the money transfer company account in seconds.

For a large amount (10+ lakhs), ask for RTGS instead, it clears quicker than the everyday rails.

Verify and send

You'll need your PAN and a signed Form A2 before the money can leave the country.

Start a first transfer a few days early.

Ways to send money from India to Tanzania

You have 4 options to send money to Tanzania from India.

Easiest way to send INR

Online transfers

Online services and apps are simple and cheap for INR to Tanzania transfers.

It works well for tuition deposits, living costs, and other ongoing payments to Tanzania.

Wise charges 1076.45 INR in fees to send ₹22,100, which will get your recipient around 585,863.27 TZS.

Spending and receiving

Multi-currency accounts

With Wise you can hold INR and TZS in one account and swap between them when you need.

And you get TZS and INR banking details to receive payments.

Useful if you’re studying in Tanzania, travelling there often, or getting paid in TZS.

Making business payments

Global accounts

Business payments supported by an invoice do not use the owner’s personal LRS allowance.

Wise Business, Instarem Business, and Payoneer can manage freelancer payments, batch payments to Tanzania, invoices, and more.

Ways to fund INR and receive TZS in Tanzania

With Wise, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending ₹22,100 gives your recipient 585,863.27 TZS.

UPI can fund the INR side when the company supports it, but the outward remittance still leaves India through an RBI-authorised bank.

From India, you can fund your transfer to Tanzania using bank transfer.

Fund the outward remittance through your bank

Fund the transfer by bank transfer from your Indian account.

You will normally need your PAN, Form A2 and documents showing the purpose of the transfer.

In Tanzania, your recipient can receive TZS by bank deposit.

  1. 1
    Bank transfer Bank deposit

    You pay ₹22,100.00

    TSh585,863

    Cheapest

Consider this before sending INR to Tanzania

Outward transfers from India sit under the Liberalised Remittance Scheme. The purpose decides the documents and how much TCS is collected upfront.

Compare INR/TZS transfer options

For an INR 22,100 transfer to Tanzania, the current options are:

  1. The cheapest option is Wise, funded by bank transfer with bank deposit for the payout. Your recipient gets 585,863.27 TZS, which is 4.92% more than the next best option.

  2. The fastest option is PayPal App (P2P Transfer), funded by bank transfer with bank deposit in Tanzania. Your recipient gets 557,035.13 TZS in minutes.

The LRS limit covers all your outward transfers

A resident individual can remit up to USD 250,000 in one financial year under the Liberalised Remittance Scheme for permitted current and capital-account transactions.

The limit is per person and covers your combined LRS use, including gifts, maintenance, study, travel and overseas investment.

It is not a separate allowance for every bank or transfer company.

The authorised money transfer company will normally ask for your PAN, Form A2 and a purpose code.

The RBI LRS direction explains the yearly limit and permitted use.

TCS can lock up cash until your tax return

TCS is collected on qualifying LRS remittances above the annual threshold.

From April 2026, education and medical remittances are generally collected at 2% above ₹10 lakh, while many other purposes carry 20% above the threshold.

Education funded by a qualifying loan does not attract TCS.

TCS is a tax credit rather than an extra transfer fee. You can claim it against your final tax bill, but the money remains unavailable until it is adjusted or refunded.

Add up your LRS payments across banks before sending. The bank or transfer company will need your earlier use to apply the threshold correctly.

UPI only funds the rupee side

UPI can be used to deposit money to a money transfer company, but it can’t send TZS to Tanzania.

Instead, a money transfer company will switch to a local network of bank account or local rails to move INR to TZS.

All outward remittance still passes through an RBI-authorised dealer.

Live INR-TZS Exchange Rate

Finding the best Indian Rupee to Canadian Dollar exchange rate

The rate decides how much TZS arrives for your INR. Recent movement gives you a useful range to compare against today's quote.

Mid-market rate:1 INR = 28.050841 TZS

How we analyse the market

Money only leaves India through an RBI-authorised dealer, so that's the first filter on this table.

We track 4 of them on INR to Tanzania, comparing rates, fees and the ways you can pay in, refreshed in real time on live comparisons.

Each one also goes through our review, and hand-collected pricing is marked as such.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.