Sending Money to Visakhapatnam, India
How to send USD to a recipient in Visakhapatnam, Andhra Pradesh. Bank transfer tips, IFSC codes, delivery times, and how Root makes it easy.
Visakhapatnam, a thriving coastal city in Andhra Pradesh, is a key destination for NRIs in the USA sending money to family, property partners, or business associates. This guide covers everything you need to know about transferring USD to INR for recipients in Visakhapatnam. From IFSC codes to TCS implications and transfer speed, we help you send money securely and cost-effectively. Learn how to maximize value and avoid delays with seamless remittances to this major Indian port city.
Visakhapatnam, also known as Vizag, is one of Andhra Pradesh’s largest cities, known for its heavy industries, educational institutions, and port economy. Many NRIs send money here to support aging parents, fund children’s education at institutions like Andhra University, or invest in residential and commercial real estate. Its growing infrastructure and banking connectivity make it a reliable destination for international remittances.
Quick Facts
Transfer Fee
$0 — Root charges zero fees
Exchange Rate
CHECK_LIVE (interbank rate)
Transfer Time
1-4 business days to Visakhapatnam
Banks in Visakhapatnam
HDFC, SBI, ICICI, Axis — all supported
How to Send — Step by Step
Log in to Your Root Account
Access your Root app or website and log in securely. If you’re new, sign up using your US ID and residency details.
Pro tip: Enable two-factor authentication for added security.
Start a New Transfer to India
Select 'Send to India' and enter the amount in USD you wish to send. The app will show you the live INR equivalent.
Enter Recipient’s Bank Details
Provide the recipient’s full name, Indian mobile number, and bank account number in Visakhapatnam.
Pro tip: Double-check the account number — even one wrong digit can cause delays.
Find the Correct IFSC Code
Enter the 11-character IFSC code for the recipient’s specific bank branch in Visakhapatnam. You can find it on the bank’s website or via the RBI portal.
Pro tip: Use the bank branch name and locality (e.g., 'ICICI Bank, MVP Colony, Visakhapatnam') to locate the correct IFSC.
Review and Confirm
Check all details — especially the IFSC and account number. Confirm the transfer using your preferred US funding method.
Track Transfer Status
Receive real-time updates via app and email. Funds typically arrive in 1–4 business days to Visakhapatnam banks.
Local Tips
Visakhapatnam banks operate on IST (UTC+5:30), so plan transfers during overlapping US-India business hours for faster support if needed.
Major branches like SBI Dwarakanagar and HDFC Near RTC Complex are well-connected and process remittances quickly.
For real estate or large family gifts, provide purpose code 'Current Account - Gifts' to comply with FEMA regulations.
Advise recipients in Visakhapatnam to keep their mobile number active and linked to their bank account for instant SMS alerts.
Send Money to Visakhapatnam with Root
Zero fees, interbank rate. Your family in Visakhapatnam receives INR directly.
Send to Visakhapatnam NowFrequently Asked Questions
Can I send money to any bank in Visakhapatnam using Root?
Yes, Root supports all major banks in Visakhapatnam including SBI, HDFC, ICICI, and Axis Bank. You just need the correct account number and IFSC code for the specific branch.
How long does it take for money to reach my family in Visakhapatnam?
Transfers to Visakhapatnam typically take 1–4 business days. Most recipients receive funds within 48 hours, especially if details like IFSC are accurate and the bank is a core-partnered institution.
Is TCS applicable when I send money to India under LRS?
Yes, 5% TCS applies to total remittances exceeding ₹7,00,000 (~$8,400) in a financial year under the LRS. This is collected at source by the service provider and reported to Indian tax authorities. NRO account holders may claim credit when filing taxes.
Does the recipient in Visakhapatnam need a PAN card?
Indian banks may require the recipient’s PAN for transactions above ₹50,000, especially for property purchases or large deposits. While not always enforced, it's best to have it ready for compliance.
Is it safe to send money to a savings account in Visakhapatnam via Root?
Yes, Root securely transfers funds to NRO and regular savings or current accounts in Visakhapatnam. NRE accounts are not supported yet but will be available soon.