Sending Money to India for Holi
How to send money to family in India for Holi. Timing tips, best rates, and how Root gets your transfer there on time.
Holi, the festival of colors, is a joyful time for families across India to come together, celebrate new beginnings, and strengthen bonds. For NRIs in the USA, sending money home for Holi is a heartfelt way to be part of the celebrations, even from afar. This guide helps you send funds smoothly, avoid delays, and understand key rules around taxes and compliance. We’ll cover timing, tips, and steps to ensure your money reaches loved ones in time for the festivities.
Holi typically falls in March, marking the arrival of spring and the triumph of good over evil. Families celebrate with colorful powders, music, traditional sweets like gujiya, and gatherings with loved ones. NRIs often send money to help cover festival expenses—groceries, gifts, new clothes, or community events—so their families can celebrate without worry.
Tips for Sending on Time
Send Early
Initiate your transfer at least 5–7 business days before Holi to account for bank processing and time zone differences, ensuring funds arrive on time.
Check IFSC Code Accuracy
An incorrect IFSC code is a common reason for failed transfers. Confirm the 11-digit code with your family before sending to avoid delays.
Factor in TCS for Large Transfers
If you’ve sent more than ₹7,00,000 (~$8,400) under LRS this financial year, 5% TCS will apply on further remittances—plan accordingly.
Choose Reliable Services
Use trusted platforms like Root that support NRO and regular Indian accounts, with transparent tracking and fast delivery (1–4 business days).
How to Send — Step by Step
Log In to Root
Access your Root account via the app or website. Make sure your personal and verification details are up to date.
Pro tip: Complete KYC early to avoid verification delays during peak Holi season.
Enter Transfer Amount in USD
Input how much you'd like to send. Root shows the live INR equivalent so you know exactly what your family will receive.
Pro tip: CHECK_LIVE
Add Recipient’s Bank Details
Enter your family member’s full name, Indian bank account number, and correct IFSC code. Root currently supports NRO and regular savings accounts.
Pro tip: Double-check the IFSC code using your bank’s official website or a trusted IFSC lookup tool.
Review Exchange Rate and Fees
Root offers zero fees and displays the mid-market exchange rate. Confirm the final amount before proceeding.
Pro tip: CHECK_LIVE
Confirm and Send
Review all details and confirm the transfer. You’ll receive a tracking ID and real-time updates until delivery.
Pro tip: Send during business hours (EST) for fastest processing.
Make Holi Special for Your Family in India
Send money with Root — zero fees, delivered in 1-4 business days.
Send for HoliFrequently Asked Questions
Can I send money for Holi gifts and expenses through Root?
Yes, you can send money for Holi-related expenses like groceries, sweets, clothes, and gifts. Root supports remittances for personal maintenance and family support under FEMA guidelines.
When should I send money to ensure it arrives before Holi?
Send at least 5–7 business days before Holi. Root delivers transfers in 1–4 business days, but banks may take additional time during festive peaks.
Is there a limit on how much I can send for Holi?
There’s no specific Holi limit, but Indian tax rules apply: 5% TCS is charged on cumulative remittances exceeding ₹7,00,000 (~$8,400) in a financial year under LRS.
Do my family members need a PAN card to receive Holi money?
Indian banks may require the recipient’s PAN for large transfers (typically above ₹50,000) for compliance. Check with their bank to be sure.
Are there extra fees for sending money during Holi season?
No, Root charges zero fees year-round. The exchange rate may fluctuate, but there are no seasonal surcharges or hidden costs.