MoneyTransfers

How to Send Money from India to Pakistan

Get the best deals when you transfer from India to Pakistan. Find the cheapest, fastest, and most reliable providers with the best exchange rates.

Read on for the best deals, expert information, and all you need to send money to Pakistan from India.

Aneeca Younas
Author 
Aneeca Younas
Sharon Bahravi
Editor 
Sharon Bahravi
6 minutes
February 16th, 2024
Disclosure

Ways to send money from India to Pakistan

The best rated provider for transfers from India to Pakistan

Wise

Total number of INR - PKR providers

3

Average cheapest provider for transfers to Pakistan from India

Wise

Average cost of the cheapest transfer from India to Pakistan

₹1335.41

Best for bank transfers from India to Pakistan

Wise

Best for debit card transfers from India to Pakistan

Wise

Best for credit card transfers from India to Pakistan

Wise

You can always compare rates and fees based on your transfer amount and payment options when sending money.

The best way to send money from India to Pakistan

Instarem is the best way to send money to Pakistan from India. This is based on cost, speed, and how easy it is to use.

We analyzed 3 providers that allow INR to PKR transfers. Instarem emerged as the best option in 44.6% of searches.

How to send money from India to Pakistan

Follow these steps to send money between India and Pakistan

  1. Choose your provider. Register with the provider of your choice by clicking on the link above.

  2. Enter your details. Enter your details and provide any of the documents needed.

  3. Start your transfer. Tell your provider that you'd like to send money from India to Pakistan, how much you'd like to send, and how you'd like to pay for your transfer. You'll also need to add your recipient's details.

  4. Check the recipient's details. This is really important. It can be very difficult to reverse a transfer from India to Pakistan once it's been sent. Make sure all the details are correct before you submit.

  5. Send the money. When you've checked the details, you can make the transfer.

The cheapest way to send money from India to Pakistan

The cheapest way to send money from India to Pakistan is Wise. On average, transfers from India to Pakistan with Wise cost ₹1335.41, making them cheaper than their nearest competitor.

Wise has been the cheapest way to send money from India to Pakistan for the last three months, on average.

Just to make you aware, bankTransfer was the cheapest payment method.

The current mid-market rate between INR and PKR is 3.37289. The rate the time you transfer will impact your overall cost. As an example, Wise has averaged -0.05% below the mid-market rate over the last three months, generally making sending money a little cheaper before fees.

Note: The cheapest way to send money isn't always the fastest

Wise is the cheapest way to send money from India to Pakistan, but make sure the timeframes work for you.

How the cost of sending money to Pakistan from India is calculated

The cost of sending money from India to India depends on several things, including:

The mid-market rate

The current mid-market rate between INR and PKR is 3.37289. The rate the time you transfer will impact your overall cost. As an example, Wise has averaged -0.05% below the mid-market rate over the last 3 months, generally making sending money a little cheaper before fees.

The markup and fee

Providers will often charge a markup on the rate, fees, or both, for transfers between Pakistan and Pakistan. This is why Instarem is listed as our cheapest option - they offer the best combination of Indian Rupee to Pakistan Rupee rates (-0.3) and fees (1335.41).

Bank transfers from India to Pakistan

Bank transfers are the most common way of sending INR to Pakistan as they are secure, reliable, and convenient.

If you want to send Indian Rupees to Pakistan via bank transfer, Wise has been the top rated provider in our comparison system for the last three months, recommended 94.3% of the time.

That’s because companies like Wise bypass the SWIFT network and rely on their own digital network of banks, making transfers faster and cheaper. As an example, Wise's transaction fees for Indian Rupees into Pakistan have averaged at 795.41 for the last three months. This is significantly lower than the fees charged by banks.

Credit card payments from India to Pakistan

Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.

If you want to send Indian Rupees to Pakistan with a credit card, Wise is your best option. They've been the top rated provider in our comparison system for the last three months, recommended 2.3% of the time.

Note: Beware of charges

Credit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.

Debit card payments from India to Pakistan

Debit card payments let you send money from the India to Pakistan with the similar convenience of a credit card, and there are usually no tax advance fees. That said, you might still face currency exchange fees, processing fees, and other expenses, making this a pricier option than a simple bank transfer.

If you want to send Indian Rupees to Pakistan with a debit card, Wise is your best option. They've been the top rated provider in our comparison system for the last three months, recommended 3.4% of the time.

Finding the best exchange rate for INR to PKR

The mid-market exchange rate changes daily, so timing your transfer can make a big difference to how many PKRs you can get for your INRs. The average Indian Rupee to Pakistan Rupee mid-market rate over the last month was 3.3676, with a low of 3.3422 and a high of 3.3793.

For comparison, the best exchange rate for INR to PKR right now is through Wise, at a difference of -0.06%.

Mid-market Rate
1
= 3.37289 PKR
Mid-market rate at: 13:13 UTC
INR/PKR Median: 3.368653 Low: 3.362227 High: 3.372890

How we find the best transfer deals from India to Pakistan

We’ve compared the cost, speed, and product offering of the top money transfer services (including Wise) available between Pakistan and India. Or comparison tool compares providers based on live fees, rates, and transfer times to make sure you get the best deal available.

We also produce unbiased, detailed reviews of all the top money transfer companies for sending Indian Rupee to Pakistan, helping you in making smarter, simpler choices. We pride ourselves on our objective reviews, maintaining complete independence in our analysis and ratings.

Take a look at our comprehensive editorial policy for more information about our dedication to integrity and transparency.

Check your provider is regulated

You should only ever use regulated providers to transfer money. If a provider is not regulated, it’s likely to be a scam.

Remember: We will only ever recommend regulated financial institutions.

FAQs

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Contributors

Aneeca Younas
Aneeca Younas, based in Abu Dhabi, is a distinguished writer specializing in Business Economics and Finance. With her robust academic background in Business Economics merged with a fervent passion for journalism, Aneeca stands out in the domain of international finance. Her extensive experience working with global finance companies has endowed her with a profound understanding of international money transfers, making her insights invaluable for those seeking to navigate the complexities of global financial transactions.