Sending Money to Axis Bank in India
How to send USD directly to Axis Bank accounts in India. Transfer times, IFSC codes, limits, and how Root delivers INR to any Axis Bank branch.
This guide is for NRIs in the USA sending USD to family or recipients with accounts at Axis Bank in India. Root enables direct INR deposits to any Axis Bank branch across India, quickly and without hidden fees. Learn how to send money securely, what details you’ll need, and understand important compliance rules like TCS and IFSC requirements. Whether it’s for family support, bill payments, or investments, this guide covers everything you need to transfer money smoothly to Axis Bank.
Axis Bank is the third-largest private sector bank in India, serving millions of customers through a vast network of branches and digital services. Root currently supports transfers to Axis Bank NRO accounts, as well as regular savings and current accounts. NRE account support is coming soon.
Quick Facts
Transfer Fee
$0 — Root charges zero fees
Exchange Rate
CHECK_LIVE (interbank rate)
Transfer Time
1-4 business days to Axis Bank
Account Types
NRO, Savings, Current accounts at Axis Bank
IFSC Required
Yes — 11-character code for recipient's branch
How to Send — Step by Step
Sign Up with Root
Download the Root app or visit the website to create your account. Verify your identity using your US ID and passport details as part of standard KYC compliance.
Pro tip: Ensure your address and contact details are up to date for faster verification.
Start a New Transfer
Select 'Send Money to India' and choose the recipient’s bank as Axis Bank. Enter the amount in USD you'd like to send, and see the live INR equivalent.
Enter Recipient’s Bank Details
Provide the recipient’s full name, Axis Bank account number, and 11-character IFSC code. Double-check these details to avoid errors.
Pro tip: You can find the correct Axis Bank IFSC code on the bank’s website or by asking your recipient to check their passbook or online banking portal.
Review Exchange Rate and Confirm
Check the real-time exchange rate, total INR to be received, and confirm there are no hidden charges. Root uses the interbank rate with zero fees.
Fund Your Transfer
Pay in USD via linked bank account or debit card. Once processed, the INR will be credited to the recipient’s Axis Bank account within 1-4 business days.
Send Money to Axis Bank with Root
Zero fees, interbank rate. INR credited directly to any Axis Bank account.
Send with RootFrequently Asked Questions
Can I send money to any Axis Bank branch in India using Root?
Yes, Root supports transfers to over 4,800 Axis Bank branches nationwide, as long as you provide the correct 11-digit IFSC code for the specific branch.
Does Root support NRE accounts at Axis Bank?
Currently, Root supports NRO, savings, and current accounts at Axis Bank. NRE account transfers are not supported yet but will be available soon.
How much TCS will apply when I send over ₹7,00,000 to Axis Bank in a financial year?
If your cumulative remittances exceed ₹7,00,000 (approximately $8,400) in a financial year, 5% TCS will be collected at source on the full transaction amount sent to the Axis Bank recipient.
Do I need the recipient’s PAN card to send money to their Axis Bank account?
For transfers above ₹50,000 in a day or ₹5 lakh in a month, Axis Bank may require the recipient’s PAN for compliance, even though Root does not collect it during setup.
What happens if I enter the wrong IFSC code for an Axis Bank transfer?
If the IFSC code is incorrect, the transfer may be rejected or routed to the wrong branch, delaying credit by up to 5 business days. Always verify the 11-character IFSC before sending.