Sending Money from Chicago to Hyderabad
How NRIs in Chicago send USD to Hyderabad, India. Zero fees, interbank rate, and fast delivery with Root.
For NRIs living in Chicago, Illinois, sending money to loved ones in Hyderabad, Telangana, is a vital part of staying connected across continents. Hyderabad’s growing economy and strong family ties make it a top destination for remittances from the U.S. Root offers a seamless way to transfer USD to INR with no hidden fees and fast delivery. Whether supporting parents, funding education, or helping with weddings, sending money home has never been easier.
Sending money from Chicago to Hyderabad involves converting USD to INR efficiently while avoiding high bank fees. Chicago-based NRIs can securely support family in Hyderabad within 1–4 business days. Use Root for real-time rates and zero transfer fees on every transaction.
Chicago is home to a vibrant NRI community with deep cultural and familial links to Hyderabad, especially among professionals in tech and healthcare. Many send regular remittances to support family members or manage property back home, making this corridor both emotionally and financially significant.
Quick Facts
Transfer Fee
$0 — Root charges zero fees
Exchange Rate
CHECK_LIVE (interbank rate)
Transfer Time
1-4 business days to Hyderabad
From
Chicago, Illinois
To
Hyderabad, Telangana
How to Send
Log in to Your Root Account
Access your Root app or website from Chicago, Illinois using your credentials.
Start a New Transfer to Hyderabad
Enter the amount in USD you wish to send to a bank account in Hyderabad.
Enter Recipient Bank Details
Provide the full name, IFSC code, and account number of the Hyderabad recipient’s bank.
Review Exchange Rate and Confirm
See the live interbank USD to INR rate and total INR amount the recipient will get.
Complete KYC and Compliance
Confirm purpose of remittance as allowed under FEMA guidelines (e.g., family maintenance).
Track Transfer to Hyderabad
Receive updates as your money moves from Chicago to Hyderabad in 1–4 business days.
Send Money from Chicago to Hyderabad with Root
Zero fees, interbank rate.
Send NowFrequently Asked Questions
How long does it take to send money from Chicago to Hyderabad with Root?
Transfers typically take 1–4 business days to reach bank accounts in Hyderabad, depending on Indian banking systems and IFSC validation.
Are there any fees to send money from Chicago to Hyderabad?
No. Root charges zero fees for USD to INR transfers from Chicago to Hyderabad. You only pay the interbank exchange rate.
What is TCS and does it apply when I send money from Chicago to Hyderabad?
Yes. 5% TCS applies under India's LRS if the recipient in Hyderabad receives more than ₹7,00,000 in a financial year from all sources abroad. This is collected at source by the Indian bank and filed under the recipient’s PAN.
Can I send money from Chicago to an NRE account in Hyderabad?
Root currently supports NRO and regular savings accounts in Hyderabad. NRE account support is coming soon—stay tuned for updates.
Is the US Excise Tax on international transfers applicable when I send money to India?
As of early 2026, the proposed 1% US Excise Tax on outbound wire transfers has not been enacted. No such tax currently applies to your remittance from Chicago to Hyderabad.