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SAR flag→INR flag

SAR/INR bank rates,
side by side.

Today's Saudi Riyal buy and sell quotes from every Indian bank in our cohort. TT, bills, travel card and currency-note channels, the mid-market benchmark and the per-bank spread, all in one place.

Live · 16 Oct 2026mid-market 1 SAR = ₹25.2935mid-market chart →

Bank quotes

Every bank quoting SAR today.

Amount

Tightest spread

₹0.52

2.06% of mid

Widest spread

₹2.71

10.66% of mid

Range

5.2×

best to worst

Banks quoting

11

of 17 tracked

BankBandBuySellSpread% of midAs of
Bank of BarodaPublic SectorNarrow25.040025.5600₹0.522.06%16 Oct
Emirates NBD BankForeignStandard24.823025.8144₹0.993.92%16 Oct14:00
Citibank N.A.ForeignStandard24.711225.7975₹1.094.30%16 Oct09:05
JP Morgan Chase Bank N.A.ForeignWide24.620025.8900₹1.275.03%16 Oct00:00
HSBC BankForeignWide24.530025.9500₹1.425.63%16 Oct10:00
HDFC BankPrivateWide24.520026.0900₹1.576.20%16 Oct12:22
Axis BankPrivateWide24.460026.0500₹1.596.30%16 Oct09:18
Kotak Mahindra BankPrivateWide24.450026.0600₹1.616.37%16 Oct09:00
IndusInd BankPrivateWide24.420026.0400₹1.626.42%16 Oct09:57
MUFG Bank, Ltd.ForeignWide24.380026.1400₹1.766.97%16 Oct09:50
State Bank of IndiaPublic SectorWide24.070026.7800₹2.7110.66%16 Oct13:15

6 banks are hidden — their last published SAR quote is more than a day old, so it is no longer a reliable current price.

What this means

On a ₹1,00,000 SAR TT (wire) ticket today, the tightest-quoting bank costs ₹1,028 vs. ₹5,329 at the widest, a ₹4,302 difference for the same trade.

How the bands work

Each bank's TT spread (sell − buy as % of mid) is bucketed into four bands. Bands shift as banks adjust pricing, a bank's position today isn't a permanent classification. Bands are empirical, not advisory.

Tight

≤ 1.4%

Smallest gap between buy and sell.

Narrow

1.4 to 3.0%

Tighter than the cohort average.

Standard

3.0 to 4.4%

Around the cohort average.

Wide

> 4.4%

Widest end of today's cohort.

Per-bank transaction bandsBanks publish rates for tickets within a size band, talk to the branch for the rest.+
Union Bank of India· cap USD 5,000
ICICI Bank· cap USD 25,000
HDFC Bankmax ₹20,00,000
Ujjivan Small Finance Bankmax ₹20,00,000
Axis Bankmax ₹25,00,000
Kotak Mahindra Bank· cap USD 10,000
State Bank of Indiamin ₹10,00,000 max ₹20,00,000
These are the bank's own published transaction sizes for the card rate above. Larger tickets compress further; smaller tickets may carry handling charges. Call your branch before transacting.

SAR/INR rates · frequently asked

Sort the table above by spread, the top row is today's tightest TT (wire) quote. The leader shifts day to day; today's snapshot is on this page. Whichever bank is on top, walk in and ask for treasury-desk pricing on your sized ticket, card rates are the upper bound, not the lower bound.
Each channel carries different operational cost. TT (wire) is the tightest because the bank doesn't hold SAR inventory. Travel cards carry inventory risk; cash carries inventory + cash-handling risk. The cash spread can be several times the TT spread at the same bank.
The headline strip at the top of this page shows today's actual range across the cohort. Spreads on majors (USD, EUR, GBP, AED) follow tight bands; less-liquid currencies typically run wider.
No. For regulatory filings, FEMA 401, LRS declarations, TCS under Section 206C(1G), use the RBI reference rate, or the rate at which your bank actually executed your transaction. The rates here are indicative.
Card rates are the rack rate for tickets within the published band. Treasury desks negotiate for larger tickets; priority / wealth / corporate tiers compress further. The card rate is the upper bound on what you should pay. Always ask.
Open /rates/fx/SAR-INR, live interbank mid, 52-week range, and historical chart. Banks build their spread on top of mid.

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Turn this gap into a saving.

Indian banks publish a card rate; treasury desks negotiate underneath it. For a single sized SAR transaction or a recurring monthly flow, we'll walk through today's market with you and help you pick the right counterparty.

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