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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of India to Tanzania searches, and was the top rated company out of 2 that support INR to TZS.
So for a great mix of cost, speed & features, make your India to Tanzania transfer using Wise.
How to get the best deal on your India to Tanzania transfer
- 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 Tanzania.
- Choose a provider
Select the provider that offers you the best value & 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.
Summary of recent searches
Important things to consider before sending money from India to Tanzania
Don't settle for the first option. Always compare ways to send money from India to Tanzania to find out about fees, speed, and reliability.
Our analysis included 2 providers that operate between India and Tanzania.
Through this, you get a comprehensive view of all the options you have in India when you need to send money to Tanzania.
Cheapest way to send money to Tanzania from India: Wise
Data collected over the past six months shows that Wise is 0% cheaper than the second-best option.
The ₹601.3 transfer cost represents the most common fee for INR to TZS international transfers, based on data from the past six months.
If you want to secure the best rates on a INR to Tanzania transfer, make sure you pick Wise to send your money online.
*The most common fee applied to INR-TZS by Wise, based on data from the past six months.
Fastest way to send money from India to Tanzania: Wise
Our data shows that Wise came up as the fastest way to send money from India to Tanzania in 100% of searches. This makes them well suited to urgent INR to TZS money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from India to Tanzania - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to Tanzania from India in 100% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send INR from India to Tanzania, it’s the provider that will keep you safe and relaxed while your money moves into TZS.
Understanding the costs involved when moving money from India to Tanzania
When calculating the costs of money transfers between India and Tanzania, here's what really matters:
The Mid-Market Rate: Today, the INR-TZS mid-market rate equals to 30.850932 TZS per Indian Rupee.
The INR-TZS average exchange rate for the past three months has been 30.723 TZS per Indian Rupee, with a high of 30.9601 and a low of 30.023.
When looking to send money, we'd recommend Wise. On average Wise is -0.14% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from INR to TZS.
How to find the best exchange rate for Indian Rupee to Tanzanian Shilling
Timing is essential for sending money between INR and TZS. The exchange rate you secure impacts how much TZS you get for your INR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from INR to TZS has seen some fluctuation. On average, it stood at 30.723.
During this period, the highest value recorded was 30.9601, while the lowest was 30.023.
Wise, which is our recommended service to send money online from India to Tanzania offers an exchange rate that is only -0.14% above the mid-market rate.
Want to secure the best INR-Tanzanian Shilling 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 Tanzania!
Payment methods available to fund your India to Tanzania transfer
Bank transfers
Bank transfers are often the default option for sending money from India to Tanzania.
By using a money transfer company such as Wise for transfers from India to Tanzania, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 2 we tested when sending INR to Tanzania.
With an average fee of INR555.54 to send money from India to Tanzania, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to Tanzania with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from India to Tanzania, competing among a total of 2 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from India to Tanzania, Wise emerges as our top choice of the 2 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Tanzania 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 Tanzania.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to TZS.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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