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How to send money to Israel from India with the best INR-ILS rate

Compare the best ways to send money from India to Israel. Find the cheapest, fastest, and most reliable providers with the best INR to ILS exchange rates.

Explore the best deals, read expert information, and discover all you need to send money to Israel from India.

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June 27th, 2025
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Send money from India to Israel

Last updated: Today
Mid-market rate as of 06/27/2025: 1 INR = 0.039678 ILS
Results below are based on a 600000 INR search
0 of 3 providers
Sponsored
Wise
Recipient gets (ILS)
₪23,474.29
Full transfer details
Visit Wise
₪382 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Rate match guarantee (T&Cs apply)
TorFx
Recipient gets (ILS)
₪23,735.38
Full transfer details
Visit TorFx
₪643 better than a typical bank*

"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."

Personal account manager
Multi-currency card
Receive to bank account
Ideal for buying property abroad
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Rate match guarantee (T&Cs apply)
1
TorFx
Recipient gets (ILS)
₪23,735.38
Full transfer details
Visit TorFx
₪643 better than a typical bank*

"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."

Personal account manager
Multi-currency card
Receive to bank account
Ideal for buying property abroad
2
Wise
Recipient gets (ILS)
₪23,474.29
Full transfer details
Visit Wise
₪382 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
3
OFX
Recipient gets (ILS)
₪23,386.20
Full transfer details
Visit OFX
₪294 better than a typical bank*

"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."

Personal account manager
Multi-currency card
Receive to bank account
Mid-market rate updates every 60 minutes
Sponsored
Wise
Recipient gets (ILS)
₪23,474.29
Full transfer details
Visit Wise
₪382 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Rate match guarantee (T&Cs apply)
TorFx
Recipient gets (ILS)
₪23,735.38
Full transfer details
Visit TorFx
₪643 better than a typical bank*

"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."

Personal account manager
Multi-currency card
Receive to bank account
Ideal for buying property abroad

Best choice: Wise

Wise is our recommended way to send Indian Rupee to ILS.

We tested & reviewed dozens of money transfer providers, and Wise scored highly.

Transferring 600,000 INR to ILS will cost you ₹8208.76 in fees, and you will receive 23,455.23 ILS. The delivery time is within a week, but it depends on the day you make the transfer.

So for a great blend of cost, speed & features, make your India to Israel transfer using Wise.

Wise is the top rated company for sending money from India (INR) to Israel (ILS) - Wise Screenshot

How to get the best deal on sending money from India to Israel

Summary of recent searches

Top rated for transfers from India to Israel
Wise
Total number of IN - IL providers
3
Average cheapest fees & rate
TorFx
Average fastest transfer
TorFx
Average transfer time
Within minutes
Best for bank transfers
TorFx

Get the most from sending money from India to Israel

1
Compare providers

Comparing providers offering services between India and Israel based on your specific transfer amount, is the easiest way to get the best price on your transfer.

We cover the entire INR-ILS market and have compared 3 providers offering services between India and Israel.

This ensures you will get the most comprehensive options for sending Indian Rupee to Israel.

Whilst we rate Wise as the best overall for transfers between the two countries, comparing gives you the best idea for your specific India to Israel transfer needs.

2
Beat the Indian Rupee-New Israeli Sheqel exchange rate
3
Choose the right payment method
4
Financial regulations across India and Israel
5
Consider minimum and maximum limits
6
Receiving money in Israel
7
Be ready with your ID
8
Tax declarations

Cheapest way to send money to Israel from India: TorFx

Of the 3 providers compared, TorFx is the cheapest option for sending money today.

The cost is a combination of a fee of 0 INR and an exchange rate for converting Indian Rupee to New Israeli Sheqel that is 0.3% different to the mid-market rate.

We found that TorFx is 1.03% cheaper than the second-best option.

We would recommend TorFx for low cost, affordable transfers from New Israeli Sheqels to Israel.

TorFx is the cheapest way to send money from India (INR) to Israel (ILS) - TorFx Screenshot 1
TorFx is the cheapest way to send money from India (INR) to Israel (ILS) - TorFx Screenshot 2

Fastest way to send money to Israel from India: TorFx.

Of the 3 companies offering India to Israel, TorFx is the quickest: minutes - 24 hours.

Sending money from India to Israel through TorFx has a fee of 0 INR.

To find the fastest company, we compared 3 money transfer providers for the overall speed of sending money from India to Israel. This was made up of depositing Indian Rupee to a money transfer account and transfer times to Israel.

When looking for the fastest money transfer, TorFx is our best choice for sending into Israel from India.

TorFx is the fastest way to send money from India (INR) to Israel (ILS) - TorFx Screenshot 1
TorFx is the fastest way to send money from India (INR) to Israel (ILS) - TorFx Screenshot 2

Send large sums of money abroad with Currencies Direct

Transferring bigger amounts of money to Israel from India needs a strong exchange rate and effective transfer management.

From the
3 options we compared, Currencies Direct offers the strongest all-round option for large transfers to Israel from India.

Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from New Israeli Sheqels to New Israeli Sheqel.

As such, we recommend Currencies Direct for large Israel transfers.

Understanding the cost of transferring money to Israel from India

Fees and exchange rates make up the total cost of sending money from Israel to Israel. Finding a company that can offer both ensures a good deal on your transfer.

The Mid-Market and Exchange Rates: The current INR-ILS mid-market rate is 0.0396 ILS per Indian Rupee. You will get more New Israeli Sheqel for your Indian Rupees if you find a provider close to this number.

  • For context, over the last 7 days the INR-ILS mid-market rate has had a high of 0.0403, a low of 0.0396 and averaged 0.0399 ILS per Indian Rupee.

  • Across the 3 companies compared, the best exchange rate is with Wise.

  • Unless fees are unusually high, the exchange rate you receive on converting INR to ILS will be the biggest determining factor when working out the cost of transferring Indian Rupees to Israel.

Fees: Transfer fees are charged as part of the transfer. TorFx charges the lowest fee of 0 INR at the moment. 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 New Israeli Sheqel eventually received in Israel. You can assume that a lower cost of sending from India will result in more money received in Israel.

How to find the best exchange rate for Indian Rupee to New Israeli Sheqel

Timing is essential for sending money between INR and ILS. The exchange rate you secure impacts how much ILS you get for your INR.

Mid-market Rate
1 
=
0.039629 
ILS

Let's dive into some interesting recent trends.

  • In the last week, the exchange rate from INR to ILS has seen some fluctuation. On average, it stood at 0.0399.

  • During this period, the highest value recorded was 0.0403, while the lowest was 0.0396.

  • Wise, which is our recommended service to send money online from India to Israel offers an exchange rate that is only 0.05% above the mid-market rate.

Want to secure the best INR-New Israeli Sheqel exchange rates?

Sign up for our rate alerts and we'll tell you when it's the best time to move your money from India to Israel!

Payment methods available to fund your India to
Israel transfer

  • Bank transfers

    Bank transfers are often the better option for money transfers from India to Israel.

    Sending money via a bank transfer with a company such as TorFx for transfers from India to Israel allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


    On average, TorFx is the best provider for bank transfers of the 3 we tested when sending INR to Israel.

    With a fee of INR0 to send money from India to Israel, TorFx offers a great combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from India to Israel with a prepaid or a debit card is very simple with .


    is a leader in card payments for transfers from India to Israel, competing among a total of 3 active money transfer companies on this route.

  • Credit cards

    When it comes to international credit card transfers from India to Israel, we recommend comparing your options to get the best deal.

    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 Israel 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 Israel.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to ILS.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

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Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
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