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USD/INR bank rates,
side by side.

Today's US Dollar 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 · 28 Jun 2026mid-market 1 USD = ₹94.3800mid-market chart →

Bank quotes

Every bank quoting USD today.

Amount

Tightest spread

₹0.95

1.01% of mid

Widest spread

₹3.80

4.03% of mid

Range

4.0×

best to worst

Banks quoting

4

of 35 tracked

BankBandBuySellSpread% of midAs of
MashreqBankForeignTight93.699294.6534₹0.951.01%28 Jun00:00
Bank of BarodaPublic SectorTight93.980094.9400₹0.961.02%28 Jun
KEB Hana BankForeignNarrow93.437195.3248₹1.892.00%29 Jun00:03
Emirates NBD BankForeignStandard92.491896.2917₹3.804.03%28 Jun13:25

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

What this means

On a ₹1,00,000 USD TT (wire) ticket today, the tightest-quoting bank costs ₹507 vs. ₹2,013 at the widest, a ₹1,506 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
Punjab National Bankmax ₹10,00,000
State Bank of Indiamin ₹10,00,000 max ₹20,00,000
Indian Bank· cap USD 10,000
UCO Bank· cap USD 5,000
Ujjivan Small Finance Bankmax ₹20,00,000
ICICI Bank· cap USD 25,000
Kotak Mahindra Bank· cap USD 10,000
Axis Bankmax ₹25,00,000
HDFC Bankmax ₹20,00,000
RBL Bank· cap USD 10,000
Canara Bank· cap USD 5,000
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.

USD/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 USD 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/USD-INR, live interbank mid, 52-week range, and historical chart. Banks build their spread on top of mid.

talk to capera

Turn this gap into a saving.

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

Or write to hello@capera.co · See our FX intelligence