Question 1

What's the best way to send money from Sri Lanka to India?

Accepted Answer

Sending money internationally to India from Sri Lanka can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Sri Lankan Rupee to INR remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to India. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Indian Rupee.

Question 2

How to get the best rate to transfer money to India from Sri Lanka?

Accepted Answer

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to India from Sri Lanka.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your LKR to Indian Rupee remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for LKR to INR remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.

Question 3

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

Accepted Answer

Finding the cheapest way to send money from Sri Lanka to India might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer LKR to INR via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Sri Lanka to India exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.

Question 4

Should I use my bank to send money from Sri Lanka to India?

Accepted Answer

We do not recommend using your local bank in Sri Lanka for your next LKR 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 Sri Lanka 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 Sri Lanka 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 Sri Lanka fast?

Accepted Answer

If you need to convert LKR to INR as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Sri Lanka to India could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Sri Lankan Rupee to Indian Rupee funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to India.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Sri Lanka to India. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.

Question 6

Which are the best money transfer companies to transfer money from Sri Lanka to India?

Accepted Answer

Since the Sri Lankan Rupee to Indian Rupee money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Sri Lanka that may also be able to send money to India. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your LKR to INR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in India gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Sri Lanka to India transaction.

Question 7

Step by step guide to do a money transfer from Sri Lanka to India

Accepted Answer

With so many possible ways to transfer Sri Lankan Rupee to Indian Rupee, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Sri Lanka to India remittance transaction, you can follow the below step by step procedure.

Create an account at your chosen operator.
You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
Add bank accounts for both the sender in Sri Lanka and the receiver in India. Using bank deposits can be the cheapest option to send money.
Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
At this point, you are pretty much done, and the operator will take it on from here.
Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your LKR to Indian Rupee money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.

1 LKR	0.30 INR
5 LKR	1.49 INR
10 LKR	2.98 INR
25 LKR	7.45 INR
50 LKR	14.90 INR
100 LKR	29.80 INR
150 LKR	44.70 INR
200 LKR	59.60 INR
250 LKR	74.50 INR
300 LKR	89.40 INR
400 LKR	119.20 INR
500 LKR	149.00 INR
600 LKR	178.80 INR
700 LKR	208.60 INR
800 LKR	238.40 INR
1000 LKR	298.00 INR
1500 LKR	447.00 INR
2000 LKR	596.00 INR
2500 LKR	745.00 INR
3000 LKR	894.00 INR
4000 LKR	1,192.00 INR
5000 LKR	1,490.00 INR
10000 LKR	2,980.00 INR
15000 LKR	4,470.00 INR
20000 LKR	5,960.00 INR
30000 LKR	8,940.00 INR
40000 LKR	11,920.00 INR
50000 LKR	14,900.00 INR
100000 LKR	29,800.00 INR

Compare today's LKR to INR (Sri Lankan Rupee to Indian Rupee) exchange rates

📈 Sri Lanka to India Money Transfer Snapshot Today

💡What today's LKR-INR exchange rates mean for you

Latest LKR to INR Conversion Rates