How to send money to Brazil from India with the best INR-BRL rate
Compare the best deals on sending money from India to Brazil. Get insights on the cheapest, fastest, and most reliable providers with the best INR to BRL exchange rates.
Read on for the insights, analysis, and all you need to know about money transfers to Brazil from India.
Transferring the other way? Send BRL from Brazil to India instead."Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
Best recommended: Wise
Of the 5 money transfer providers tested and reviewed, Wise scored highly for its competitive rates and fees.
For example, sending 22,100 INR to BRL will cost you ₹748.78 in fees, and you will receive 1,255.38 BRL.
Make your India to Brazil transfer using Wise for the best mix of cost and speed.

How to get the best deal on sending money from India to Brazil
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from India to Brazil.
Choose a provider
Select the provider that offers you the best value on buying BRL & service for your needs.
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Transfer consider from India to Brazil
A comparison of providers offering services between India and Brazil is paramount. Based on your specific transfer amount, the best way to send money to Brazil could change. Comparing ensures the best price for your needs.
For services allowing you to send Indian Rupee to Brazil we've compared 5 providers.
This coverage of the market ensure you will get the best options for your transfer to Brazil from India.
Overall, we rated Wise as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from India to Brazil.
The fastest way to send money to Brazil from India is by sending cash
Cash transfers are almost instant in most cases.
However, in some cases, it can take a few days to process, depending on your branch, how much you are sending, and the deposit method you use.
Considering there aren’t many INR/BRL transfer options available, this is by far the fastest way to do it.

The cheapest way to to send money to Brazil from India is via PayPal P2P Transfer
The coverage of INR/BRL transfer options is very limited, therefore, PayPal’s P2P transfer service is one of the cheaper options you have, along with cash transfer via Western Union and MoneyGram.
With PayPals P2P transfer, the main cost is the conversion between currencies, which can go as high as % on top of the mid market rate, as well as a INR transfer fee.
You can also opt to use a cash transfer via MoneyGram or Western Union, which are cheaper in some cases (depending on the amount, deposit method, and your branch).

Transfer a large sum of money
From 5 money transfer companies compared, Wise is the best option for large transfers from India to Brazil.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from India to Brazil can become expensive if you use a bank, or the wrong provider.
Wise is the top choice for sending large sums of money to Brazil from India because they offer a strong service and competitive exchange rates.

Understanding the cost of transferring money to Brazil from India
Fees and exchange rates make up the total cost of sending money from Brazil to Brazil. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current INR-BRL mid-market rate is 0.0592 BRL per Indian Rupee. You will get more Brazilian Real for your Indian Rupees if you find a provider close to this number.
For context, over the last 7 days the INR-BRL mid-market rate has had a high of 0.0599, a low of 0.0588 and averaged 0.0595 BRL per Indian Rupee.
Across the 5 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting INR to BRL will be the biggest determining factor when working out the cost of transferring Indian Rupees to Brazil.
Fees: Transfer fees are charged as part of the transfer. Ria Money Transfer charges 4 INR per transfer, which is currently the best deal on transfers to Brazil. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Brazilian Real eventually received in Brazil. You can assume that a lower cost of sending from India will result in more money received in Brazil.
Getting the best exchange rate for Indian Rupee to Brazilian Real
Tracking the mid-market rate can make a huge difference when sending money INR to BRL. The exchange rate you secure impacts how much BRL you get for your INR.
Here's some data on recent trends in the mid-market rate.
Over the past 7 days, the interbank rate from INR to BRL has seen some fluctuation. On average, it has been 0.0595.
During this period, the highest value level was 0.0599, with a low of 0.0588.
Wise, which is our recommended service to send money online from India to Brazil offers an exchange rate that is only -0.02% above the mid-market rate.
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Payment methods available to fund your India to Brazil transfer
Bank transfers
Bank transfers are often the better option for money transfers from India to Brazil.
Sending money via a bank transfer with a company such as Ria Money Transfer for transfers from India to Brazil allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Ria Money Transfer is the best provider for bank transfers of the 5 we tested when sending INR to Brazil.
With a fee of INR4 to send money from India to Brazil, Ria Money Transfer offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to Brazil with a prepaid or a debit card is very simple with Western Union Agent.
Western Union Agent is a leader in card payments for transfers from India to Brazil, competing among a total of 5 active money transfer companies on this route.
Credit cards
We recommend avoiding credit card deposits as it usually means taking a cash advance and using it for the deposit. Instead, use a bank transfer or a debit card deposit to save on fees.
If you have to, we to find the best deal for your transfer.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Brazil and India.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from India to Brazil.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to BRL.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.

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