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Individuals sending money from Saudi Arabia to India should always compare Saudi Riyal (SAR) to Indian Rupee (INR) remittance exchange rates. Funds can be transferred online or in cash depending on the service offered by a remittance service provider. Before selecting a service provider, you should check rates and read reviews of different operators. You can compare exchange rates online on SBNRI.com.
Once you have decided the remittance service provider to send money to India from Saudi Arabia, you need to complete the following steps. While steps may vary from vendor to vendor, following are some common steps.
NRIs living in Saudi Arabia or other parts of the Middle East can easily transfer money to their loved ones in India or other way around through the SBNRI. SBNRI has a tie-up with remittance service providers to facilitate instant online money transfer to/ from India at a nominal cost. You can use the currency converter to find out SAR to INR or INR to SAR conversion rate in seconds, before sending money to or from India.
TCS at the rate of 5% is applicable money transferred outside India under the Liberalised Remittance Scheme (LRS) of the RBI. However, NRIs can save TCS on foreign remittance.
We at SBNRI, track changes on a regular basis to help you with your remittances. Connect to our experts using the button below to get advisory on choosing the best time to remit money to/ from India capitalizing on the best exchange rates for INR to SAR or other way around. You can also get insights into the tax implication of remittance. Also, visit our blog and YouTube channel for more details.
Does Saudi Arabia have Western Union?
Visit a Western Union agent location
With over 200 locations2 in the Kingdom of Saudi Arabia, it's easy to find one nearby.
Can I send money from Saudi Arabia to India?
Transferring funds from Saudi Arabia to India is easy. All you need is access to internet or mobile banking facilities. Transferring money from Saudi Arabia to India with DBS Treasures also has other distinct advantages. You can get preferential exchange rates and faster transfers within 24 hours*.
Its pretty enjoyable life going on. You should be learn some important facts about Dammam city. Dammam city is located near to Arabian sea, so Humidity is very high compared to other cities in Saudi Arabia. Living cost is very low here compared other cities in Saudi Arabia.
Tabuk is a great place to live, though I know not everyone would agree. First and foremost, it has an excellent climate. Yes, it does get hot in summer, but you don't have the humidity found in coastal areas.
Mecca, officially Makkah al-Mukarramah and commonly shortened to Makkah is a city and administrative center of the Mecca Province of Saudi Arabia
Jeddah as a city is the best one in KSA. the city is cosmopolitan with a large percentage of Indian population.
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To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.