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PG – Indian Rupee (INR)

Indian Rupee (INR) Payment Guide


Payment TypeSWIFT (Priority)Local (Regular)
Cut off time (UK Time)n/a4:30 pm
Delivery time framen/a0 days
Maximum payment sizen/aINR 1,500,000 per beneficiary per day
Payment Schemen/aIMPS (up to INR 500,000)
NEFT (over INR 500,000, and for banks not connected to IMPS)
Destination countriesn/aIndia
Ultimate payer displayed?n/aNo

Required Details

Local (Regular) Payment

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

FieldIndividualCompanyPermitted DataNotes
Beneficiary Entity Type‘individual’ or ‘company’ only 
Beneficiary First Name1-255 characters* 
Beneficiary Last Name1-255 characters* 
Beneficiary Company Name1-255 characters* 
Beneficiary Address1-255 characters* 
Beneficiary City1-255 characters* 
Beneficiary Country1-255 characters* 
Account Number10-20 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. We validate that the account number provided is a valid one.  We do not currently perform checks against the account name.
Bank Name1-49 alphanumeric characters; spaces permitted 
IFSC4 letters followed by 7 alphanumeric charactersIFSC 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 CodeList of available payment purpose codes available here 
Payment Currency3 letter ISO currency code 
Payment AmountNumeric amount 
Payment Reference1-35 characters for payments up to 200,000 INR*
1-40 characters for payments over 200,000 INR*
Payment Reason1-255 characters* 
Payer Entity Type‘individual’ or ‘company’ only 
Payer First Name1-255 characters* 
Payer Last Name1-255 characters* 
Payer Company Name1-255 characters* 
Payer Address1-255 characters* 
Payer City1-255 characters* 
Payer Country2 letter ISO country code 
Payer Date of BirthISO 8601 format (YYYY-MM-DD). 

* Please note that non ASCII characters will be transformed to ASCII equivalent or removed on a best endeavours basis in order to comply with the restrictions of the domestic payment scheme.

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