Question 1

What's the best way to transfer money from Norway to India?

Accepted Answer

It can be very confusing when sending money from Norway to India given so many choices. Additionally, Norwegian Krone to INR exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Norway to India as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to India from Norway. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Norwegian Krone to Indian Rupee remittances.

Question 2

How to get the best remit rate for transferring money from Norway to India?

Accepted Answer

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to India.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Norway to India transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your NOK to Indian Rupee money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.

Question 3

What's the cheapest way to send money from Norway to India?

Accepted Answer

One of the most important things to watch out for is hidden fees when sending money to India from Norway. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to India using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Indian Rupee foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best NOK to India exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to India from Norway.

Question 4

How to send money from Norway to India through a bank?

Accepted Answer

We do not recommend using your local bank in Norway for your next NOK to INR overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Norway to India (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending INR to India. These companies will let you use your local bank account in Norway to pay for your India money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.

Question 5

How to send money to India from Norway fast?

Accepted Answer

The speed of your Norwegian Krone to Indian Rupee funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert NOK to INR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to India from Norway is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in India if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout INR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Norway bank to India bank transfer.

Question 6

Which are the best money transfer companies to transfer money from Norway to India?

Accepted Answer

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Norway to India, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Norwegian Krone to Indian Rupee exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your INR money transfers to India. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in India getting more money for every Norwegian Krone you send.

Question 7

Step by step guide to send money from Norway to India

Accepted Answer

Follow the below easy steps to send money to India from Norway.

If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Norway bank account to fund your transaction.
Add your recipient - provide details about who will receive the funds (can also be your own account in India).
Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
Add the transfer amount and start the transaction.

The provider will then work on your NOK to INR remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.

1 NOK	9.53 INR
5 NOK	47.66 INR
10 NOK	95.32 INR
25 NOK	238.30 INR
50 NOK	476.61 INR
100 NOK	953.21 INR
150 NOK	1,429.82 INR
200 NOK	1,906.42 INR
250 NOK	2,383.03 INR
300 NOK	2,859.63 INR
400 NOK	3,812.84 INR
500 NOK	4,766.05 INR
600 NOK	5,719.26 INR
700 NOK	6,672.47 INR
800 NOK	7,625.68 INR
1000 NOK	9,532.10 INR
1500 NOK	14,298.15 INR
2000 NOK	19,064.20 INR
2500 NOK	23,830.25 INR
3000 NOK	28,596.30 INR
4000 NOK	38,128.40 INR
5000 NOK	47,660.50 INR
10000 NOK	95,321.00 INR
15000 NOK	142,981.50 INR
20000 NOK	190,642.00 INR
30000 NOK	285,963.00 INR
40000 NOK	381,284.00 INR
50000 NOK	476,605.00 INR
100000 NOK	953,210.00 INR

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