Sending Money to Gurgaon, India
How to send USD to a recipient in Gurgaon, Haryana. Bank transfer tips, IFSC codes, delivery times, and how Root makes it easy.
Gurgaon, a thriving financial and residential hub in Haryana, is a top destination for NRIs in the USA sending money to family, supporting real estate investments, or funding local businesses. The USD to INR corridor is critical for maintaining financial ties across borders. This guide walks NRI senders through everything they need to know for fast, secure transfers to Gurgaon — from exchange rates and compliance rules to bank details and best practices.
Gurgaon is a major urban center in Haryana, known for its corporate offices, luxury housing, and proximity to Delhi. As a growing financial and residential hub, it attracts significant remittances from NRIs for family support, home loans, school fees, and commercial ventures. Many Gurgaon residents also hold NRO accounts, making it essential to use compliant transfer methods.
Quick Facts
Transfer Fee
$0 — Root charges zero fees
Exchange Rate
CHECK_LIVE (interbank rate)
Transfer Time
1-4 business days to Gurgaon
Banks in Gurgaon
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 using your credentials.
Pro tip: Ensure two-factor authentication is enabled for added security.
Start a New Transfer to India
Select 'Send Money to India' and enter the amount in USD you'd like to transfer.
Enter Recipient’s Bank Details in Gurgaon
Provide the recipient’s full name, bank name, account number, and IFSC code for their Gurgaon branch.
Pro tip: Double-check the IFSC code — even small errors can delay or cancel your transfer.
Verify IFSC Code for Accuracy
Use the bank’s official website or Root’s IFSC lookup tool to confirm the Gurgaon branch code before proceeding.
Review Exchange Rate and Total INR Amount
See the live interbank exchange rate and the final INR amount the recipient will get in Gurgaon.
Confirm and Send
Review all details, confirm compliance with FEMA and tax rules, and complete the transfer using your linked US bank account or card.
Local Tips
Gurgaon operates on Indian Standard Time (IST), which is 10.5 hours ahead of New York — plan transfers accordingly to align with bank working hours.
Major banks like HDFC and ICICI have multiple branches in Sector 14, 29, and Golf Course Road — ensure the correct IFSC for the recipient's specific branch.
For recurring transfers to family in Gurgaon, consider setting up automated reminders to stay within regulatory limits and avoid TCS surprises.
Send Money to Gurgaon with Root
Zero fees, interbank rate. Your family in Gurgaon receives INR directly.
Send to Gurgaon NowFrequently Asked Questions
Do I need to pay extra taxes when sending more than $8,400 to Gurgaon in a year?
Yes, under Indian tax rules, 5% TCS applies on cumulative remittances exceeding ₹7,00,000 (approx. $8,400) in a financial year under the LRS. This is collected at source by the remittance provider and reported to Indian authorities. You’ll receive credit for this tax when filing Indian tax returns if applicable.
Can I send money to any bank in Gurgaon using Root?
Yes, Root supports direct bank transfers to major banks in Gurgaon, including HDFC, SBI, ICICI, and Axis Bank. Just ensure you have the correct account number and IFSC code for the recipient’s branch.
What happens if I enter the wrong IFSC code for a Gurgaon bank branch?
Transfers with incorrect IFSC codes may be rejected or delayed. In some cases, the funds may go to the wrong account, requiring manual reversal — a process that can take several business days. Always verify the IFSC before sending.
Does the recipient in Gurgaon need a PAN card to receive money?
While not always mandatory for smaller amounts, Indian banks may require the recipient to provide a PAN for large transfers (typically over ₹50,000 per transaction or as part of repeated inflows) for compliance with Indian tax regulations.
Is there a US excise tax on international money transfers to India?
As of early 2026, a proposed 1% US excise tax on international wire transfers has not been enacted. There is currently no federal excise tax on remittances from the USA to India, but always check the latest IRS updates.