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Indian Rupee (INR)

Overview

Payment type Priority Regular
Cutoff time (UK Time) n/a 4:30 pm
Delivery time frame n/a 0 days
Maximum payment size n/a INR 1,500,000 per beneficiary per day
Payment Scheme n/a IMPS (up to INR 200,000)
NEFT (over INR 200,000, and for banks not connected to IMPS)
Destination countries n/a India
Traces n/a No
Recalls n/a No
Ultimate payer displayed? n/a No

Required details

Regular Payment

Local INR is a restricted currency. For more information, please visit our FAQ

Field Individual Company Permitted Data Notes
Beneficiary Entity Type Yes Yes ‘individual’ or ‘company’ only
Beneficiary First Name Yes No 1-255 characters*
Beneficiary Last Name Yes No 1-255 characters*
Beneficiary Company Name No Yes 1-255 characters*
Beneficiary Address Yes Yes 1-255 characters*
Beneficiary City Yes Yes 1-255 characters*
Beneficiary Country Yes Yes 1-255 characters*
Account Number Yes Yes 10-20 digits (for payments up to 200,000 INR)
1-20 digits (for payments over 200,000 INR)
Please note that the account number length varies on the payment rail, which is defined by the payment amount. For payments up to 200,000 INR, please ensure that the account number is between 10 and 20 digits long. For payments over 200,000 INR, the account number can be between 1 and 20 digits long.
Bank Name Yes Yes 1-49 alphanumeric characters; spaces permitted
IFSC Yes Yes 4 letters followed by 7 alphanumeric characters IFSC stands for Indian Financial System Code. It is a 11-digit alpha-numeric code that uniquely identifies a bank branch (the equivalent of a UK Sort Code or US ABA number).
Payment Purpose Code Yes Yes List of available payment purpose codes available here
Payment Currency Yes Yes 3 letter ISO currency code
Payment Amount Yes Yes Numeric amount
Payment Reference Yes Yes 1-35 characters for payments up to 200,000 INR*
1-40 characters for payments over 200,000 INR*
Payment Reason Yes Yes 1-255 characters*
Payer Entity type Yes Yes ‘individual’ or ‘company’ only
Payer First Name Yes No 1-255 characters*
Payer Last Name Yes No 1-255 characters*
Payer Company Name No Yes 1-255 characters*
Payer Address Yes Yes 1-255 characters*
Payer City Yes Yes 1-255 characters*
Payer Country Yes Yes 2 letter ISO country code
Payer Date of Birth Yes No ISO 8601 format (YYYY-MM-DD).