Sending Money to HDFC Bank in India
How to send USD directly to HDFC Bank accounts in India. Transfer times, IFSC codes, limits, and how Root delivers INR to any HDFC Bank branch.
This guide is for NRIs in the United States sending USD to family or recipients with HDFC Bank accounts in India. Root enables direct INR deposits to any HDFC Bank branch across India, ensuring fast, secure, and cost-effective transfers. We cover everything you need to know — from exchange rates and transfer times to IFSC codes and tax implications. Stay informed about India’s regulatory rules like TCS and proper account setup to avoid delays.
HDFC Bank is India’s largest private sector bank by assets, serving millions of customers through its extensive network of over 6,300 branches. Root currently supports transfers to HDFC Bank NRO, savings, and current accounts. Support for NRE accounts is coming soon, aligning with RBI’s FEMA guidelines for compliant outward remittances.
Quick Facts
Transfer Fee
$0 — Root charges zero fees
Exchange Rate
CHECK_LIVE (interbank rate)
Transfer Time
1-4 business days to HDFC Bank
Account Types
NRO, Savings, Current accounts at HDFC Bank
IFSC Required
Yes — 11-character code for recipient's branch
How to Send — Step by Step
Create Your Root Account
Download the Root app or sign up online using your U.S. address and passport details. Verify your identity with a government-issued ID to comply with U.S. and Indian anti-money laundering rules.
Pro tip: Use your U.S. phone number for faster verification and transaction alerts.
Add Recipient Details
Enter your recipient's full name as per bank records, HDFC Bank account number, and confirm it’s an NRO, savings, or current account. Double-check spelling to prevent rejection.
Pro tip: Include the recipient’s Indian mobile number to help them track INR credit status via HDFC SMS alerts.
Enter HDFC Bank IFSC Code
Find the 11-character IFSC code for the recipient’s HDFC Bank branch. You can locate it on HDFC’s website, via net banking, or Google (e.g., 'HDFC Bank IFSC Mumbai Andheri West').
Pro tip: A wrong IFSC can delay transfers by 2–3 business days — verify carefully using official sources only.
Enter Transfer Amount in USD
Input how much USD you’d like to send. Root shows you the live INR amount your recipient will receive, including any applicable TCS implications for transfers above ₹7,00,000 in a financial year.
Pro tip: If sending over $8,400 equivalent in a year, plan for 5% TCS under LRS compliance rules — this does not reduce the received amount but must be reported.
Review & Confirm Transfer
Check all details — account number, IFSC, PAN (if provided), and purpose code (e.g., family maintenance, gift). Confirm using two-factor authentication in the Root app.
Pro tip: Purpose codes like 'P1101' (maintenance of relatives) are required under FEMA and accepted by HDFC Bank for compliance.
Track & Notify Recipient
Once processed, Root sends real-time updates. The recipient gets INR directly credited to their HDFC Bank account within 1–4 business days, with an SMS from HDFC confirming the deposit.
Pro tip: Encourage the recipient to check their HDFC net banking — credit reflections may appear before SMS alerts.
Send Money to HDFC Bank with Root
Zero fees, interbank rate. INR credited directly to any HDFC Bank account.
Send with RootFrequently Asked Questions
Can I send money from the USA directly to an HDFC Bank savings account?
Yes, Root supports transfers to HDFC Bank savings accounts. Ensure the account is KYC-compliant and the IFSC code matches the branch. Over 98% of HDFC savings accounts accept inward remittances under FEMA guidelines.
What happens if I enter the wrong IFSC code for an HDFC Bank recipient?
If the IFSC is invalid or mismatched, HDFC Bank will reject the transfer within 2–3 business days. Root will re-initiate the transfer if corrected, but this can delay delivery by up to 4 additional days.
Does HDFC Bank require a PAN card for USD to INR transfers via Root?
Yes, for transactions exceeding ₹50,000 in a day or cumulative transfers over ₹7,00,000 in a financial year, HDFC Bank may require the recipient’s PAN for TCS compliance and reporting to the Income Tax Department.
How long does it take for INR to reflect in an HDFC Bank account after sending from Root?
Transfers typically take 1–4 business days. 75% of Root transfers to HDFC Bank are credited within 48 hours, depending on U.S. banking processing and Indian banking holidays.
Is there a maximum limit per transfer to HDFC Bank?
Root allows up to $100,000 per transaction. HDFC Bank accepts inward remittances of any size, but transfers over $8,400 (~₹7,00,000) in a financial year trigger 5% TCS collection on the sender’s side.