Rates & Fees

Applicable exchange rate for my remittances

  • The rates shown are only indicative rates and the rate applicable to your remittance is based on the rate prevailing on the day your funds are converted into rupees.


Amount (SGD)Fee
250 – 999SGD 4
SGD 1000 & AboveZero service fee

Service Tax for online transfers

  • For Amount of currency exchanged up to Rs.100,000 - tax will be 0.18% of amount, or min Rs.45/-
  • For Amount of currency exchanged above Rs.100,000 up to Rs.1,000,000 - tax will be Rs.180 + 0.09% of incremental amount above Rs.100,000
  • For Amount of currency exchanged above Rs.1,000,000 - tax will be Rs.990 + 0.018% subject to maximum amount of Rs. 10,800
  • Additionally, in case there is a Demand Draft drawn on Non-HDFC Bank location, extra fee of Rs. 0.75 per thousand (minimum amount of fee - Rs. 25 plus applicable service tax) will be deducted.

    Fees and charges are subject to change; HDFC Bank reserves the right to modify the charge schedule without prior notice.

Transaction limits for online transfers

  • Minimum Amount of SGD to execute a transaction is SGD 250
  • Maximum Amount of SGD that can be sent in one transaction is SGD 30,000

SGD Limits
DurationTransaction No.Amount

*One week count starts from the day the money from the previous remittance reaches beneficiary account in India.