From the 4 money transfer services available, we found Currencies Direct to be the cheapest and Currencies Direct to be the fastest. You can send ZAR via bank transfer, and you can receive INR via bank deposit.
| 4 of 4 providers Last updated on 10 November 2026 | |||
| Based on 130,000 ZAR transfer Best companies for ZAR/INR transfers | |||
| Promoted  TorFx Pay via Bank transfer | Fee R 0,00 1 ZAR = 5.6962 INR +0.30% vs mid-market | Recipient gets ₹740 504,57 Minutes - 24 hours | |
Ways to receive money in India with TorFx when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 ZAR = 5.6962 INR ₹740 504,57You payR 130 000,00 | |||
| Promoted  Regency FX Pay via Bank transfer | Fee R 0,00 1 ZAR = 5.6979 INR +0.27% vs mid-market | Recipient gets ₹740 727,39 Minutes - 24 hours | |
Ways to receive money in India with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 ZAR = 5.6979 INR ₹740 727,39You payR 130 000,00 | |||
Run a live search Showing top South Africa to India deals for 130,000 ZAR. Do a live search with your exact amount for today's best rates. | |||
Run a live search Showing companies that send from a business account. Run a business search to get live ZAR to INR rates. | |||
Run a live search These companies offer multi-currency accounts for spending INR. We suggest doing a live search based on how much ZAR you're planning to spend in India. | |||
Run a live search These are managed services with real human support for large ZAR transfers. Click the link and update the transfer amount to get the best deal. | |||
 Currencies Direct Pay via Bank transfer | Fee R 0,00 1 ZAR = 5.7064 INR +0.12% vs mid-market | Recipient gets ₹741 832,00 Minutes - 24 hours | |
Ways to receive money in India with Currencies Direct when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 ZAR = 5.7064 INR ₹741 832,00You payR 130 000,00 | |||
| Exclusive: First Transfer Deal Regency FX Pay via Bank transfer | Fee R 0,00 1 ZAR = 5.6979 INR +0.27% vs mid-market | Recipient gets ₹740 727,39 Minutes - 24 hours | |
Ways to receive money in India with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 ZAR = 5.6979 INR ₹740 727,39You payR 130 000,00 | |||
| TorFx Pay via Bank transfer | Fee R 0,00 1 ZAR = 5.6962 INR +0.30% vs mid-market | Recipient gets ₹740 504,57 Minutes - 24 hours | |
Ways to receive money in India with TorFx when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 ZAR = 5.6962 INR ₹740 504,57You payR 130 000,00 | |||
 CurrencyFair Pay via Bank transfer | Fee R 21,00 1 ZAR = 5.6735 INR +0.70% vs mid-market | Recipient gets ₹737 435,00 Minutes - 24 hours | |
Ways to receive money in India with CurrencyFair when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours R 21,001 ZAR = 5.6735 INR ₹737 435,00You payR 130 000,00 | |||
| How Our Results Work Mid-market rate: 1 ZAR = 5.7133 INR Updates every 60 minutes. | |||
Transfer details
For a one-off transfer to India, I suggest picking the cheapest option which is Currencies Direct.
Currencies Direct was the cheapest on 2 of the 25 days it quoted R130,000 transfers to India.
On a 130,000 ZAR transfer, Currencies Direct delivers the most INR.
The best option will change depending on how much you actually send, so I suggest to get the best ZAR/INR rate.
You have 1 ways to pay, including bank transfer.
PayShap is the quickest way to fund your transfer, though it caps at R50,000 a transaction.
Above that you're on a normal EFT, which is same-day or next-day rather than instant.
First time round you'll need your ID and proof of address.
Anything beyond your yearly allowance needs a tax number and clearance from SARS first, so check which side of that line you're on.
How much ZAR you send to India heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.
Our analysis shows Currencies Direct was the cheapest in 56% of all the transfers it quoted over the past month.
| Cheapest service | |||||
|---|---|---|---|---|---|
| R 2 000 | -0.04% | R 0,00 | ₹11 420,80with bank transfer to bank deposit | +₹705,99 | |
| R 2 500 | -0.02% | R 0,00 | ₹14 273,75with bank transfer to bank deposit | +₹874,69 | |
| R 4 500 | -0.01% | R 0,00 | ₹25 696,80with bank transfer to bank deposit | +₹1 554,83 | |
| R 5 000 | 0.10% | R 0,00 | ₹28 532,50with bank transfer to bank deposit | +₹1 700,11 | |
| R 17 000 | 0.02% | R 0,00 | ₹97 071,70with bank transfer to bank deposit | +₹395,75 | |
| R 50 000 | 0.18% | R 0,00 | ₹285 100,00with bank transfer to bank deposit | +₹655,52 | |
| R 100 000 | 0.01% | R 0,00 | ₹570 840,00with bank transfer to bank deposit | +₹1 795,17 | |
| R 130 000This page | 0.12% | R 0,00 | ₹741 832,00with bank transfer to bank deposit | +₹1 707,26 | |
| R 174 000 | 0.01% | R 0,00 | ₹993 644,40with bank transfer to bank deposit | +₹3 093,35 | |
| R 1 743 000 | -0.02% | R 0,00 | ₹9 953 052,90with bank transfer to bank deposit | +₹30 762,86 |
Mid-market rate: 1 ZAR = 5.7133 INR
The cheapest way to send ZAR to INR can change every day, or stay with the same company all month.
We've compared the mid-market rate with the cheapest option each day (today it's Currencies Direct), across 30 days of comparisons for 130,000 ZAR transfers to India.
Tue, 10 Nov 2026Mid-market rate₹742 732,77 Currencies Direct ₹741 832,00Currencies Direct₹741 832,00Regency FX₹740 727,39TorFx₹740 504,57
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7995 | – | ₹753 937,73 | |
| | 5.7839 | R 0,00 | ₹751 902,10 | −₹2 035,63 |
| | 5.7821 | R 0,00 | ₹751 675,92 | −₹2 261,81 |
| | 5.7735 | R 0,00 | ₹750 555,00 | −₹3 382,73 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7737 | – | ₹750 580,61 | |
| | 5.7581 | R 0,00 | ₹748 554,04 | −₹2 026,57 |
| | 5.7564 | R 0,00 | ₹748 328,87 | −₹2 251,74 |
| | 5.7529 | R 0,00 | ₹747 877,00 | −₹2 703,61 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7575 | – | ₹748 472,01 | |
| | 5.7419 | R 0,00 | ₹746 451,14 | −₹2 020,87 |
| | 5.7402 | R 0,00 | ₹746 226,59 | −₹2 245,42 |
| | 5.7326 | R 0,00 | ₹745 238,00 | −₹3 234,01 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7320 | – | ₹745 157,27 | |
| | 5.7165 | R 0,00 | ₹743 145,35 | −₹2 011,92 |
| | 5.7148 | R 0,00 | ₹742 921,80 | −₹2 235,47 |
| | 5.7051 | R 0,00 | ₹741 663,00 | −₹3 494,27 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7734 | – | ₹750 543,17 | |
| | 5.7578 | R 0,00 | ₹748 516,70 | −₹2 026,47 |
| | 5.7561 | R 0,00 | ₹748 291,54 | −₹2 251,63 |
| | 5.7446 | R 0,00 | ₹746 798,00 | −₹3 745,17 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7576 | – | ₹748 483,58 | |
| | 5.7420 | R 0,00 | ₹746 462,67 | −₹2 020,91 |
| | 5.7403 | R 0,00 | ₹746 238,13 | −₹2 245,45 |
| | 5.7249 | R 0,00 | ₹744 237,00 | −₹4 246,58 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7576 | – | ₹748 483,58 | |
| | 5.7420 | R 0,00 | ₹746 462,67 | −₹2 020,91 |
| | 5.7403 | R 0,00 | ₹746 238,13 | −₹2 245,45 |
| | 5.7249 | R 0,00 | ₹744 237,00 | −₹4 246,58 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7582 | – | ₹748 561,06 | |
| | 5.7426 | R 0,00 | ₹746 539,95 | −₹2 021,11 |
| | 5.7409 | R 0,00 | ₹746 315,38 | −₹2 245,68 |
| | 5.7252 | R 0,00 | ₹744 276,00 | −₹4 285,06 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7763 | – | ₹750 913,93 | |
| | 5.7607 | R 0,00 | ₹748 886,46 | −₹2 027,47 |
| | 5.7589 | R 0,00 | ₹748 661,19 | −₹2 252,74 |
| | 5.7546 | R 0,00 | ₹748 098,00 | −₹2 815,93 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7712 | – | ₹750 254,44 | |
| | 5.7556 | R 0,00 | ₹748 228,75 | −₹2 025,69 |
| | 5.7539 | R 0,00 | ₹748 003,68 | −₹2 250,76 |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7509 | – | ₹747 619,08 | |
| | 5.7354 | R 0,00 | ₹745 600,51 | −₹2 018,57 |
| | 5.7337 | R 0,00 | ₹745 376,22 | −₹2 242,86 |
| | 5.7183 | R 0,00 | ₹743 379,00 | −₹4 240,08 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7357 | – | ₹745 643,86 | |
| | 5.7202 | R 0,00 | ₹743 630,62 | −₹2 013,24 |
| | 5.7185 | R 0,00 | ₹743 406,93 | −₹2 236,93 |
| | 5.7044 | R 0,00 | ₹741 572,00 | −₹4 071,86 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7287 | – | ₹744 727,62 | |
| | 5.7132 | R 0,00 | ₹742 716,86 | −₹2 010,76 |
| | 5.7115 | R 0,00 | ₹742 493,44 | −₹2 234,18 |
| | 5.6885 | R 0,00 | ₹739 505,00 | −₹5 222,62 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | – | – | – | |
| | 5.6885 | R 0,00 | ₹739 505,00 | – |
| | – | – | – | – |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7272 | – | ₹744 536,78 | |
| | 5.7117 | R 0,00 | ₹742 526,53 | −₹2 010,25 |
| | 5.7100 | R 0,00 | ₹742 303,17 | −₹2 233,61 |
| | 5.6983 | R 0,00 | ₹740 779,00 | −₹3 757,78 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7067 | – | ₹741 877,37 | |
| | 5.6913 | R 0,00 | ₹739 874,30 | −₹2 003,07 |
| | 5.6896 | R 0,00 | ₹739 651,74 | −₹2 225,63 |
| | 5.6783 | R 0,00 | ₹738 179,00 | −₹3 698,37 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7109 | – | ₹742 419,99 | |
| | 5.6955 | R 0,00 | ₹740 415,46 | −₹2 004,53 |
| | 5.6938 | R 0,00 | ₹740 192,73 | −₹2 227,26 |
| | 5.6780 | R 0,00 | ₹738 140,00 | −₹4 279,99 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7268 | – | ₹744 485,82 | |
| | 5.7114 | R 0,00 | ₹742 475,71 | −₹2 010,11 |
| | 5.7096 | R 0,00 | ₹742 252,36 | −₹2 233,46 |
| | 5.6984 | R 0,00 | ₹740 792,00 | −₹3 693,82 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7196 | – | ₹743 545,27 | |
| | 5.7041 | R 0,00 | ₹741 537,70 | −₹2 007,57 |
| | 5.7024 | R 0,00 | ₹741 314,63 | −₹2 230,64 |
| | 5.6896 | R 0,00 | ₹739 648,00 | −₹3 897,27 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.6767 | – | ₹737 969,57 | |
| | 5.6614 | R 0,00 | ₹735 977,05 | −₹1 992,52 |
| | 5.6597 | R 0,00 | ₹735 755,66 | −₹2 213,91 |
| | 5.6445 | R 0,00 | ₹733 785,00 | −₹4 184,57 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.6767 | – | ₹737 969,57 | |
| | 5.6614 | R 0,00 | ₹735 977,05 | −₹1 992,52 |
| | 5.6597 | R 0,00 | ₹735 755,66 | −₹2 213,91 |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.6989 | – | ₹740 855,31 | |
| | 5.6835 | R 0,00 | ₹738 855,00 | −₹2 000,31 |
| | 5.6818 | R 0,00 | ₹738 632,74 | −₹2 222,57 |
| | 5.6651 | R 0,00 | ₹736 463,00 | −₹4 392,31 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.6923 | – | ₹740 004,46 | |
| | 5.6770 | R 0,00 | ₹738 006,45 | −₹1 998,01 |
| | 5.6753 | R 0,00 | ₹737 784,45 | −₹2 220,01 |
| | 5.6599 | R 0,00 | ₹735 787,00 | −₹4 217,46 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7419 | – | ₹746 445,18 | |
| | 5.6982 | R 20,90 | ₹740 646,00 | −₹5 799,18 |
| | – | – | – | – |
| | – | – | – | – |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7629 | – | ₹749 170,89 | |
| | 5.7473 | R 0,00 | ₹747 148,13 | −₹2 022,76 |
| | 5.7456 | R 0,00 | ₹746 923,38 | −₹2 247,51 |
| | 5.7346 | R 0,00 | ₹745 498,00 | −₹3 672,89 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.6775 | – | ₹738 071,88 | |
| | 5.6390 | R 21,14 | ₹732 950,00 | −₹5 121,88 |
| | – | – | – | – |
| | – | – | – | – |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.6935 | – | ₹740 149,80 | |
| | 5.6781 | R 0,00 | ₹738 151,40 | −₹1 998,40 |
| | 5.6764 | R 0,00 | ₹737 929,35 | −₹2 220,45 |
| | 5.6534 | R 0,00 | ₹734 942,00 | −₹5 207,80 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.6849 | – | ₹739 030,63 | |
| | 5.6695 | R 0,00 | ₹737 035,25 | −₹1 995,38 |
| | 5.6678 | R 0,00 | ₹736 813,54 | −₹2 217,09 |
| | 5.6534 | R 0,00 | ₹734 942,00 | −₹4 088,63 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.6978 | – | ₹740 713,87 | |
| | 5.6570 | R 21,06 | ₹735 290,00 | −₹5 423,87 |
| | – | – | – | – |
| | – | – | – | – |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 5.7133 | – | ₹742 732,77 | |
| | 5.7064 | R 0,00 | ₹741 832,00 | −₹900,77 |
| | 5.6979 | R 0,00 | ₹740 727,39 | −₹2 005,38 |
| | 5.6962 | R 0,00 | ₹740 504,57 | −₹2 228,20 |
| Exchange rate | Fee | Recipient gets | Difference |
|---|
| Mid-market rate | 5.7133 | – | ₹742 732,77 | |
|---|---|---|---|---|
| | ||||
| | ||||
| | ||||
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Each line shows what the recipient gets when you send R 130 000, after fees, as quoted by each company. The mid-market line shows what R 130 000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.
The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.
When the blue line goes above the dashed one, you're getting more INR per ZAR than the mid-market rate can offer.
This could be due to money transfer offers, FX rate adjustments, or market competitiveness.
No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of INR on every transfer from South Africa.
Right now, Currencies Direct pays 741,832 INR on 130,000 ZAR, which is 900.77 INR less than the mid-market amount.
Today's payout isn't the best this month though, since the highest receive amount was 751,902.10 INR.
If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.
Just because a company is the cheapest today doesn't mean it's always the best option for sending money to India.
We've tracked 294 comparisons to check how often today's top companies were the cheapest across 10 amounts over the past month.
Cheapest in 65% of them
Cheapest in 83% of them
Never the cheapest
Based on 70 comparisons across 10 amounts over the last 7 days.
Cheapest in 56% of them
Cheapest in 96% of them
Cheapest in 1% of them
Based on 294 comparisons across 10 amounts over the last 30 days.
Cheapest in 40% of them
Cheapest in 99% of them
Cheapest in 0% of them
Based on 552 comparisons across 10 amounts over the last 90 days.
Different companies can come out cheapest depending on the day and the amount you send.
To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).
Today Currencies Direct is the cheapest and gets you the most INR, and it was also the cheapest in 56% of the 276 comparisons it appeared in over the past month.
It's a good pick for both one-off and regular transfers to India.
4 companies send money from South Africa to India.
Emigration and large transfers
Currency brokers are great for large transfers from South Africa to India.
They have no fees and add a markup on top of ZAR/INR rate.
Currencies Direct charges an exchange-rate markup of around 0.12% and no fees.
Our analysis shows Currencies Direct was the cheapest broker in 56% of all the transfers it quoted.
Also, don’t forget about the R2 million limits on transfers from South Africa (more below).
For business payments abroad
With Currencies Direct, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending R130,000 gives your recipient 741,832 INR.
You can fund the transfer with bank transfer.
To receive INR in India, your recipient can use bank deposit.
You pay R130,000.00
₹741,832
Cheapest
South African exchange control dictates how much you can move and which paperwork you need. The exchange-rate margin then decides whether a bank, an online money transfer company or a forex specialist is cheaper.
For a ZAR 130,000 transfer to India, the current best options are:
The cheapest option is Currencies Direct, funded by bank transfer with bank deposit for the payout. Your recipient gets 741,832 INR, which is 0.15% more than the next best option.
The fastest option is Currencies Direct, funded by bank transfer with bank deposit for the payout. Your recipient gets 741,832 INR in minutes - 24 hours.
South African residents aged 18 or older can use the single discretionary allowance to transfer up to R2 million per calendar year for legal purposes abroad without a SARS tax-compliance PIN.
A further foreign capital allowance of up to R10 million is available with an Approval International Transfer PIN from SARS.
Amounts above the allowances need specific approval through an authorised dealer.
The allowances cover more than money transfers.
Foreign card spending and other qualifying use can reduce what remains, so check your year-to-date total before making payments.
The SARB Financial Surveillance guidance explains how the allowances can be used.
Every legal cross-border payment in rand passes through an authorised dealer and carries a balance-of-payments purpose code.
A bank, transfer company or forex specialist may handle the form, but you are still responsible for giving the right reason.
Keep any relevant documents on hand, such as the property sale agreement, emigration documents, tuition invoice, proof of savings, etc.
For an emigration transfer, a specialist service can be useful because the AIT paperwork matters as much as the rate.
For the 2026/27 tax year, a natural person can make up to R150,000 of donations each year before donations tax applies.
The donor generally pays 20% on taxable donations up to the first R30 million of cumulative taxable gifts.
Payments between spouses and reasonable maintenance payments can be exempt.
A large family transfer should be classified before sending, rather than treated as tax-free because the recipient lives abroad.
Search the company or its FSP number in the FSCA register.
Never move a transfer to crypto or a personal account to bypass exchange control.
Keep the quote, purpose-code confirmation and proof of payment until the recipient has the money.
Every rand that leaves South Africa goes through an authorised dealer, and every company here is FSCA-registered.
We track 4 of them on ZAR to India, comparing rates, fees and the pay-in and payout options in real time on live comparisons.
In the past 30 days alone, we analysed 294 comparisons across 10 amounts.
This page covers the cheapest and fastest options for ZAR/INR transfers. This is how we pick them:
Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.
Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.
Nothing appears without passing our review.
Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.
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