$1,500 USD to INR — Live Exchange Rate & How to Send
Convert $1,500 USD to Indian Rupees. See today's live exchange rate, how much INR you get, regulatory notes, and how to send with Root.
Sending $1,500 USD to India? You'll receive approximately ₹CHECK_LIVE with Root, thanks to our zero-fee model and use of the real interbank exchange rate. This page walks you through exactly how much INR you’ll get, how long it takes, and important India-specific rules like TCS and IFSC codes to ensure your transfer goes smoothly.
You Receive (Approximate)
Live rate
Root uses the interbank/mid-market rate with zero markup. The exact amount depends on the exchange rate at the time of your transfer.
Transfer Fee
$0 — Root charges zero fees
Exchange Rate
CHECK_LIVE (interbank rate)
Transfer Time
1-4 business days
Minimum Amount
$10
Daily Limit
$2,999 standard / $15,000 with SSN
Send $1,500 to India with Root
Zero fees. Interbank rate. Delivered in 1-4 business days.
Send $1,500 NowImportant Rules & Regulations
TCS Does Not Apply
5% TCS (Tax Collected at Source) applies only if your total remittances under the LRS exceed ₹7,00,000 (~$8,400) in a financial year. Since this is a $1,500 transfer, TCS is not triggered. You can send up to ~$8,400 annually before TCS applies.
Amount below TCS threshold
IFSC Code Required
An 11-character IFSC code is mandatory for every bank transfer in India. Double-check this code to avoid failed transactions or delays. Your recipient can find it on their bank’s website, passbook, or mobile app.
How to Send — Step by Step
Log in to Root
Open the Root app or website and sign in to your account.
Start a New Transfer
Tap 'Send Money' and select India as the destination country.
Enter $1,500 USD
Input the amount in USD. The app will show the live INR equivalent using the interbank rate.
Add Recipient Bank Details
Provide the recipient's full name, Indian bank name, IFSC code, and account number. Root supports NRO and regular savings accounts.
Review & Confirm
Check all details, especially the IFSC and account number. Confirm the transfer.
Track Delivery
Receive updates via email or app. Funds typically arrive in 1–4 business days.
Tips for This Transfer
Schedule during USD trading hours (9 AM–5 PM EST) for the most stable rates.
Verify the recipient’s IFSC code with their bank directly — errors cause delays or failed transfers.
Since this is a $1,500 transfer, TCS (5%) does not apply. You have room under the ~$8,400 annual threshold before tax is collected at source.
Use a savings or NRO account — Root currently supports both. NRE support is coming soon.
Frequently Asked Questions
How much INR will I get for $1,500 USD today?
You’ll receive approximately ₹CHECK_LIVE, based on the live interbank exchange rate. Root adds zero markup and charges no fees.
Does 5% TCS apply when sending $1,500 to India?
No. TCS at 5% applies only if your total overseas remittances exceed ₹7,00,000 (about $8,400) in a single financial year. This $1,500 transfer is well below that threshold.
How long does it take to send $1,500 to India with Root?
Transfers typically take 1–4 business days to arrive in the recipient’s Indian bank account.
Is PAN card required for the recipient to receive $1,500?
Indian banks may request PAN for transactions above ₹50,000 (~$600), so it's advisable for the recipient to have their PAN ready for compliance.
Can I send $1,500 to an NRE account with Root?
Not yet. Root currently supports NRO and regular savings/current accounts. NRE account transfers will be supported soon.