Transfer Money from Dubai to India

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Dubai has been a hub for Non-Resident Indians for a long time. Many Indians settled in UAE retain a lot of ties to India, both financial and familial, and to fulfil their obligations back home, they often need to transfer money to India. A DBS Treasures NRE account provides NRIs with a convenient way to send money from Dubai to India.

At a Glance

Sending money to an NRE account is one of the easiest ways to manage your expenses in India - be it investments, family expenses, bill payment, school fees or donations. You can send as much money as many times as you like, without any limits, to an NRE account in India. You can also repatriate the money back to Dubai whenever you wish. There are many quick and easy money transfer options available to credit your NRE account in India.

Inward Remittances

An NRE account comes with various inward remittance benefits including:

  • Preferential Exchange Rates: Convert your remittance from AED to INR at the time of credit and enjoy preferential rates.
  • No Charges: You do not need to pay any additional service charges for credits to an NRE account. Only the Fx conversion fees will be levied.
  • Credit in 24 hours: If you transfer to a DBS Treasures NRE account, we will credit your funds within 24 hours* of receiving instructions.

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NRE Account Benefits

  • Open Your Account Remotely: You can open an NRE account from anywhere across the world
  • Get a Dedicated Relationship Manager: Get assisted by an experienced specialist in case you have any queries
  • Transfer Large Amounts: You can transfer any amount of money to an NRE account – this allows you to fund high-value transactions such as investments and property deals
  • Benefit from Competitive Interest Rates: Enjoy higher interest rates on funds held in your NRE account
  • Get Tax Advantages: Interest income from your NRE account is tax-free
  • Enjoy Special privileges: You have access to over 40 privileges covering global medical and travel assistance, overseas educational concierge, property management services, etc.
  • Repatriate Anytime: Repatriate your NRE account savings any time back to Dubai
  • Pay Utility Bills: Pay your utility bills online with our digital banking

Service Charges

DBS Treasures has waived off any additional service charges on inward remittance, irrespective of the amounts transferred. Here is a summary of the remittance charges.

International Funds Transfer Service Charge
Credit to DBS Treasures Account for Inward remittance Free
Returned funds for unapplied OTT / ITT (for inward remittance) All INR 500 + Swift Charges

Money Transfer Options

If you have an NRE account, you may choose any transfer option – such as foreign demand drafts, wire transfers or bank-to-bank transfer – available to you. Online remittances are faster because we can credit funds to your account within 24 hours* of receiving instructions.

*T&Cs  Apply

How to Send Money to India Online from Dubai

It is extremely easy to send money from Dubai to India through an NRE account.

Step 1: Open a new DBS Treasures NRE savings account from anywhere. Our dedicated Relationship Manager will help you get started.

Step 2: Log in to your local savings account abroad and choose an international funds transfer or a remittance option.

Step 3: Enter your Customer ID or mobile number on the online form; your bank account details may appear automatically.

Step 4: Select or add your beneficiary account (in this case, your NRE savings account); you need to add a beneficiary only once. In case you have a DBS Treasures NRE account, you can select the same.

Step 5: Check if all the information entered is correct (e.g. account information, IFSC code, SWIFT code, etc.)

Step 6: Click on ‘Submit’ or an equivalent button.

In case your beneficiary account is your DBS Treasures NRE account, you will get an SMS or e-mail confirmation from DBS Treasures. With an NRE account, there is no upper limit on the funds that you can transfer to India from Dubai.

How to Apply

Apply Now    A Relationship Manager will reach out to you shortly.


Frequently Asked Questions

How often can I transfer money to India from Dubai?

You can transfer money to India as often as you need. There is no limit on the number of times you can transfer money.

What is the maximum amount I can transfer in a single transaction?

There is no upper limit on the transaction amount. You can send as much money as you like.

What benefits can I get if I open an NRE for remittance?

As an NRE account holder, you are entitled to benefits such as preferential rates on remittances, real-time tracking of transactions and same-day credits.