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How to send money from India to Nepal bank account

 How to send money from India to Nepal bank 




How to send money from India to Nepal bank






Nepal relies heavily on money transfers from other nations. This blog will discuss how to send money from India to Nepal bank account. Since citizens from Nepal moves abroad for Jobs, Education and immigration. Money transfer to Nepal bank account became a key factor to support the family residing in Nepal. Many people search for options on How they can send money to Nepal from India, the USA and Australia so we have decided to provide the best option here.


A survey state that more than 25% of the total Nepal GDP is contributed by money transfer to Nepal from abroad. This will increase further due to increased emigration from Nepal and the tourist visiting Nepal.


There are many agencies that are able to send money to Nepal and have cheap transaction charges some of the agencies are available in many countries also. Let's discuss how to send money to Nepal in brief. If you want to send money to Nepal by IME pay click here 



How to send money from India to Nepal bank account:  


Sending money to Nepal via bank to bank transfer is an easy and convenient way to send money to Nepal from India. People ask a question like how to send money from India to Nepal bank account, people also ask How to send money from India to Nepal through sbi bank transfer. Money transfer to Nepal bank can be done by multiple banks due to the partnership between the bank of India and Nepal there are banks such as SBI, PNB-EVEREST, HDFC bank etc.


How to transfer money from India to Nepal through sbi bank:


Transfer to SBI bank account from India to Nepal can be done if the person in Nepal has SBI bank account. Money transfer from India to Nepal through SBI bank can be done online and offline ways. Nepal SBI Bank Limited, with partnership to State Bank of India, has introduced a robust Electronic Fund transfer Mechanism (EFT) namely "SBI-Nepal Express Remit" to provide faster and convenient mode of remittance facility for the Nepali migrants in India by disbursing cash for such remittances to the beneficiaries residing all across Nepal through Electronic Fund Transfer Mechanism (EFT). for detail visit Nepal SBI website here .

For offline money transfer from India to Nepal sbi bank account follow simple steps:


  • Visit SBI branch in India and give detail of Nepal SBI account you can also transfer money to other bank in Nepal.

  • Fillup the required detail, you may need to provide your bank detail for transaction.


  • In a year maximum transaction can be done 12 time and you can send money higher than 1 crore also.


The trasaction charges below 5,000 - 50,000 is 20 INR = 320 NPR if the beneficiary has account in SBI otherwise the trasaction amount is nearly 90 INR = 150 NPR approx.



For online money transfer from India to Nepal sbi bank account follow simple steps:

  • Login to you net banking account and then go to transfer section.

  • Your net banking must be enabled for international trasnfer.

  • Add beneficiary account details, wait for the successful addtion then trasfer NEFT.


How to transfer money from India to Nepal through PNB india to Everest nepal bank:

Indo-Nepal money transfer by PNB- Everest can be done easily by offline and online method if the payee have bank account in PNB bank. For more detail visit here 

For offline Indo- Nepal money transfer follow these steps:

  • Visit PNB branch and fillup the INREMIT for Indo-Nepal money transfer.

  • Citizenship/ ID, Pan card document is needed before transfer, Sender may also need to submit Annexure C form.

  • Provide name, address of remitter and mobile number to the bank branch.

  • Provide the money intend to transfer.


For online Indo- Nepal money transfer follow these steps:


  • Login in PNB Retail Internet Banking. Go to the Transactions menu option, under the "transfer to other bank account".

  • Provide the following details.

  • EBL Account Transfer (if beneficiary had the account in EBL)  

  • Non EBL Account Transfer (if beneficiary had Non EBL account)

  • Indo Nepal Remittance using National Identity such as passport, Driving license or Citizenship card.


  • Fill all the detail and submit the detail for Indo-Nepal money transfer.





Conclusion:

To send money from India to Nepal Bank account one must have bank account detail of beneficiary and those having Bank account in SBI and PNB/Everest will make the process hassle free. Indo-Nepal money transfer can be done online also by using Internet Banking or Mobile banking the steps have been metion in the article clearly.

Overall the trasaction charges are also less when we send money from India to Nepal bank account and also.

NOTE:
if you want to know Indo-Nepal money transfer by IME pay then click on previous article- click here .

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