How to deposit money to a bank account in India.

Did you know you can transfer money to nearly 200 banks in India? Sending directly to a bank account in person from a Western Union agent location in the United States or Canada is one of the best ways for loved ones to receive their money. Send money to top banks such as HDFC Bank, State Bank of India, ICICI Bank and Axis Bank.

We’re here to provide you with the information needed to easily deposit money directly to a bank account in India.

Send money directly to bank accounts in India in a few simple steps:

1. Check out the list of top banks you can send money to!

Below are only some of the top banks in India you can send money to via Western Union. However, you can always visit a Western Union agent location near you and ask a frontline associate to see if your receiver’s bank is on our list of banks.

List of major banks in India.  

2. Before you head to a nearby agent location, be prepared with your receiver’s banking information.

Receiver information needed to transfer money to a bank account via regular account payout:

1. Name (first / last) – exactly the way it appears on your receiver’s state issued ID.
2. Bank name
3. Account number
   1. Account numbers in India can be 9 to 18 characters long. Double-check with your receiver to make sure you have the correct one.
4. IFSC Code
   1. Indian Financial System Code (IFSC) is an 11-character code written in an alphanumeric format.
5. Purpose of transaction

What is an IFSC code?

It is an 11- character code that can be found on Indian checks and other bank materials. Each bank branch and location have its own unique IFSC. Below is an example of what an IFSC code looks like: SBINXXXXXXX

Receiver information needed to transfer money to a bank account if sent via UPI payout:

1. Name (first / last) – exactly the way it appears on your receiver’s state issued ID.
2. UPI ID
3. Purpose of Transaction

With UPI ID, there is no need to provide your receiver’s account number or IFSC. All you need is the information above, and your receiver can receive money in Real Time¹.

UPI ID consists of customers name/surname combination, phone number or a phrase receiver created, separated by “@” and followed by designated bank name (Example: receiversid@ICICI).

Note: Make sure the details being provided are accurate to avoid delays.

3. Plan ahead! Check local banking hours to make sure your money gets deposited at the time you want it to be.

How fast will the money get deposited into my receiver’s bank account?

When sending money to a bank account in India, the deposit can be deposited anywhere from Real time¹ to one business day.

Keep in mind that other local banks may have deposit cut-off times during the week or could be closed over the weekends and holidays. These are factors that may delay funds being deposited into your receiver’s bank account.

What currency will the money be deposited?

Indian rupee

4. Visit a nearby agent location!

Easily send a money transfer to your recipient’s bank account from one of over 57,000² convenient Western Union® agent locations in the U.S. alone and 2,500² in Canada. Start sending money to a bank account today!

^{1 India: Real-time transfers are available for UPI money transfers up to 200,000 INR and for amounts less than 500,000 INR when sent to most major receiving banks supporting IMPS services, including State Bank of India, ICICI Bank Limited, HDFC Bank, Axis Bank, Punjab National Bank and Bank of Baroda. Sums larger than 500,000 INR will arrive the same day or next day via NEFT.}

^{2 Agent location count from Q4 2021.}