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INR
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Our rate

First time rate Enjoy this special rate and zero fees on your transfer now. Act fast, offer ends soon!

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Fees Fees and exchange rates vary by sending amount, currency, payment method, and receiving country. Please change these parameters to view the applicable fees.

The fees displayed are valid for new customers on their first transfer between MYR 200 - MYR 9,999.

 

Looking to send more than MYR 20,000? Register your interest now to enjoy exclusive rates.

Stay in control with
our transparent pricing

Our transfer fee is transparent – never hidden, you’ll always see the exchange rate upfront, giving you total control to send money to India from Malaysia at the best rates.

Better exchange rates

We provide you with competitive foreign exchange rates, every time.

Low transaction fees

Lower fees than banks and no additional charges.

No hidden fees

You will always see the total fees clearly displayed on our app.

How to send money to India from Malaysia: 4 easy steps

Sign up for an account online or via our app. Upload proof of address in Malaysia and your identification documents.

Fill in your recipient’s information. 

Choose the type of currency you want to send, input the amount, and select your preferred transfer method.

Note: Refer to our international money transfer limits guide for more information on the maximum amount you can transfer in a single transaction to your choice location.

Key in the verification code that is sent to your registered phone number or email. This helps us keep your money safe.

How much does it cost to transfer money to India? 

The cost and speed of your transaction depends on the destination, your payment method, and how you want your funds to be received. We will always show you the cost upfront, before you proceed with the transfer so you can make the best choice for you to send money to India.

For illustration purposes. Updated fees are shown to you at the time of setting up your transaction.

How long does it take to transfer money to India?

Sending money to India with Instarem is lightning-fast. Money transfer from Malaysia to India will typically zip through in just a few minutes.

Sometimes, currency rules, bank processing, or holidays may cause a slight delay and it may take us a day or two. But no worries! Our top-notch technology and wide network of partners work together to get your money to India securely and quickly.

Ready to send money to India from Malaysia?

Sign up now for fast, secure and low-cost transfers.

Best ways to send money to India from Malaysia

At Instarem, sending money to India is as easy as it gets. Here are the payment methods Instarem offers you to fund your transfers.

Instant, convenient, no lengthy details required.
Payment methods vary by send country and currency.

What information do I need to send money to India?

We will ask you for the following information:

  • Your personal details. We may also need some documents for verification purposes.
  • Your recipient’s personal details like full name, address, contact information and their bank details.

Send money to India with our international money transfer app

Fast

Most transfers are instant or same day​

Low-cost

Competitive exchange rates and low fees

Safe

Licensed and regulated in 11 countries

Transparent

All costs are upfront, no hidden charges

Rewarding

Earn rewards on every transaction

More currency pairings for MYR

If you cannot find your desired currency pair, it means that transfers to that specified currency are not supported by our services, but we are working on it! Do come back and check again as we are continuously updating our services.

Explore more

About us

From our humble beginnings to our biggest achievements, learn about what makes Instarem the best option for you to send money internationally.

Blog

Discover more about sending money overseas, tips for expats living abroad and more.

FAQs

Absolutely! When you choose Instarem to transfer money to India from Malaysia, you can be rest assured that your transaction is secure. We are regulated and licensed in 11 countries, and we specialize in international transfers, including sending money to India.

At Instarem, we take your financial security seriously. We use advanced encryption and secure payment methods to protect your information during the transfer process. However, it's always a good idea to be cautious. Before you proceed with any online money transfer to India, make sure to verify the recipient details and carefully review our terms and conditions.

In general, transferring money to India from Malaysia is usually instant but can also take one to two business days. The exact time may vary depending on factors like the payment method chosen, the verification process, and any potential delays in the banking system. For the most accurate and up-to-date information on transfer duration, we recommend checking our website directly when sending money to India.
Yes, you can track your money transfer from Malaysia to India via the Instarem app under "Activity" section. You will also be notified once your money transfer to India has successfully reached your recipient.
Yes, you can send money to India for Business too. Try our Business account, sign up with us today! For business related transactions, please open a business account with us

Experience the convenience of online money transfers with Instarem, offering competitive exchange rates and affordable fees. Choose us for hassle-free transactions and exceptional customer support, making us the preferred option for sending money to India.

No, you do not need an IBAN (International Bank Account Number) to transfer money from Malaysia to India, as Indian banks don't use IBANs. Instead, you will need the recipient's bank account number, the bank's name, and the IFSC (Indian Financial System Code) to complete the transaction. Whether you’re using your Malaysian bank or Instarem, simply provide these details, and your transfer will be fast, secure, and hassle-free.

Yes! with Instarem, you can send money to India from Malaysia using the Unified Payments Interface (UPI). This seamless option is widely accepted, and all you need is the recipient’s UPI ID in India to complete the transfer. It’s a fast, reliable, and cost-effective option.

Generally, money transferred from Malaysia to India for personal use, such as family support or savings, is not taxable in India. However, if the transferred amount is classified as a gift exceeding a certain threshold or considered as income for the recipient, it may be subject to tax under Indian tax laws. It is recommended to check with both Malaysian and Indian tax professionals to understand any potential tax obligations on your remittance.
Yes, you can send money from Malaysia to India without an NRI (Non-Resident Indian) account. With Instarem, you can quickly and securely transfer funds to a local Indian bank account without any additional requirements.
Getting the best rate for transferring money from Australia to India depends on the exchange rates and fees offered by different services. With Instarem, you can enjoy competitive exchange rates and low fees, helping you get more value from your transfers. It’s always a good idea to check the live rates on Instarem to ensure you're getting the best deal.

When you send money to India from Malaysia with Instarem, a transaction number (also known as a transaction ID or reference number) is created for your transfer. You can find it on the confirmation page and in the email we send. This number serves several important functions:

- Tracking: Keep track of your transfer’s progress using the transaction number.

- Customer support: Provide the transaction number for fast assistance when contacting support.

- Refunds: In case a refund is needed, the transaction number helps make the process seamless.