How do you send money from Canada to India, and what does it cost?

What are the ways to send money from Canada to India?

From Canada you can send money to India through your Canadian bank, or an app such as Wise or Remitly. You can also use Western Union, or stablecoins (digital dollars). Most people pay the app with Interac e-Transfer (Canada’s bank-to-bank transfer) because it is cheap, but Interac itself does not send money to India. What you pay depends on the fee and the exchange rate each company gives you.

Many Indians in Canada are young: students in Brampton and Surrey, newcomers, and families who have been here for decades. They send different amounts. A student might send C$300 for a brother’s exam fees. A family in Mississauga might pay a parent’s phone and electricity bills every month.

How much does it cost to send C$1,000 to India?

At the Google rate (the real exchange rate, the one you see when you search on Google), C$1,000 is ₹67,070. At the World Bank’s average cost from Canada to India, 4.28%, your family gets about ₹64,199. That is ₹2,871 lost on one transfer, and close to ₹34,447 over a year of monthly transfers.

For Canada we show the World Bank average, not each company, because prices in Canada change often and depend on how you pay. Some apps are much cheaper than the average. Some banks cost much more. Ask how many rupees will arrive, then compare that with C$1,000 at the Google rate.

Try it with your own amount

Type how much you send. You will see how many rupees reach India with each option, and how many reach your family with MuffinPay, at today’s rate.

Send home to IndiaToday’s Google rate

UAEUSAUKCanada

You send

CAD

1 CAD = ₹67.07

With MuffinPay, your family gets₹67,070

No transfer fee. The Google rate.

Reaches IndiaLost, at leastLost, up toRed bars use the same scale for every company

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These are typical published prices, so each figure is a range, not a quote. Each company’s own app shows the final amount on the day you send. MuffinPay is not open yet. Founding Families on the waitlist get this pricing when it opens in their country.

What should students and newcomers know?

• Fixed fees hurt small amounts most. A C$10 fee is 3.3% of C$300, before the exchange rate.
• Your first transfer needs ID checks. Have your passport, study or work permit and proof of address ready.
• If the money is for a bill, pay the bill directly. For a phone top-up or an exam fee, this saves your family a trip and gives you a receipt.
• Watch out for scams. No real company or official asks you to send money to “release” a parcel, a visa or a job.

A family example

You in Toronto, Papa in Ludhiana

You send C$1,000 a month, and you also pay Papa’s C$40 phone bill so his phone never stops working. At the average cost, a year of transfers loses about ₹34,447.

TorontoPunjabMonthly + phone bill

Sent each month

C$1,000

At the Google rate

₹67,070

Average cost, a year

−₹34,447

Phone bill, paid direct

₹2,683

MuffinPay, a year

₹0 lost

Phone’s working again. Thank you, puttar.Papa · Ludhiana · 7:05 am

Can you send stablecoins from Canada to India?

Yes. If you hold USDC or USDT, you can send it from your wallet. A licensed company then pays rupees into your family’s bank account in India, or pays an Indian bill directly. This avoids the Canadian bank’s exchange rate. But stablecoins are not money in a bank and are not insured, so use a service that shows you the rupee amount before you send.

See how to pay bills with USDT and USDC for each step.

Questions families ask