Sending Money from New York City to Mumbai
How NRIs in New York City send USD to Mumbai, India. Zero fees, interbank rate, and fast delivery with Root.
For NRIs living in New York City, sending money to family in Mumbai is a vital connection across continents. This financial corridor supports education, medical expenses, home loans, and daily living for loved ones back home. With frequent transfers between these global cities, getting the right exchange rate and fast delivery matters. Root makes it simple, secure, and cost-effective to send money from NYC to Mumbai.
Transferring USD to INR from New York City to Mumbai is one of the most common corridors for Indian expats. With fast processing and zero fees, Root helps you maximize value when supporting family in India. Always confirm the recipient's IFSC code and account type for smooth delivery.
New York City is home to a large and growing NRI community, many of whom maintain strong personal and financial ties to Mumbai. Whether it’s supporting aging parents, funding children’s education, or investing in property, regular remittances are a pillar of cross-border family support. Mumbai, being India’s financial capital, has robust banking infrastructure ideal for seamless international transfers.
Quick Facts
Transfer Fee
$0 — Root charges zero fees
Exchange Rate
CHECK_LIVE (interbank rate)
Transfer Time
1-4 business days to Mumbai
From
New York City, New York
To
Mumbai, Maharashtra
How to Send
Log in to Your Root Account
Access your Root app or website from New York City. Ensure your identity and US bank details are verified.
Start a New Transfer to Mumbai
Enter the amount in USD you want to send from NYC to a bank account in Mumbai.
Choose the Delivery Method
Select bank deposit to transfer directly to any NRO or savings account in Mumbai.
Review Exchange Rate and Confirm
See the live interbank exchange rate and total INR expected in Mumbai. Confirm the transaction.
Track Your Transfer
Get real-time updates as your money moves from NYC to Mumbai within 1–4 business days.
Send Money from New York City to Mumbai with Root
Zero fees, interbank rate.
Send NowFrequently Asked Questions
How long does it take to send money from New York City to Mumbai?
Transfers from New York City to Mumbai typically take 1 to 4 business days to reflect in the recipient’s account, depending on Indian banking hours and weekends/holidays.
Is TCS applied when I send money from New York City to Mumbai?
Yes, 5% Tax Collected at Source (TCS) applies under India’s LRS if the total remittances to a recipient in Mumbai exceed ₹7,00,000 in a financial year. You’ll need to provide recipient PAN to avoid higher TCS rates.
Can I send money from NYC to an NRO account in Mumbai?
Yes, Root currently supports transfers to NRO and regular savings or current accounts in Mumbai. NRE account support is coming soon.
Do I need to pay fees when sending from New York City to Mumbai?
No, Root charges zero transfer fees for sending money from New York City to Mumbai. You only get the interbank exchange rate with no hidden markups.
What details do I need to send money to Mumbai from New York City?
You’ll need the recipient’s full name, bank name, IFSC code, and account number in Mumbai. Double-check the IFSC to avoid failed transfers.