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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 · 14 May 2026mid-market 1 USD = ₹95.7675mid-market chart →

Bank quotes

Every bank quoting USD today.

Amount

Tightest spread

₹0.57

0.60% of mid

Widest spread

₹5.76

6.02% of mid

Range

10.1×

best to worst

Banks quoting

of 20 tracked

Bank	Band	Buy	Sell	Spread	% of mid	As of
Indian Overseas BankPublic Sector	Tight	95.4100	95.9800	₹0.57	0.60%	13 May
Union Bank of IndiaPublic Sector	Tight	95.3900	96.0500	₹0.66	0.69%	14 May
Punjab National BankPublic Sector	Tight	95.4400	96.1400	₹0.70	0.73%	14 May09:00
Canara BankPublic Sector	Tight	94.5450	95.2925	₹0.75	0.79%	11 May
State Bank of IndiaPublic Sector	Tight	95.2000	96.0500	₹0.85	0.89%	13 May09:08
Bank of BarodaPublic Sector	Tight	95.2900	96.2400	₹0.95	0.99%	13 May
Indian BankPublic Sector	Tight	95.0200	96.1500	₹1.13	1.18%	13 May
UCO BankPublic Sector	Narrow	94.8100	96.7200	₹1.91	1.99%	14 May
Ujjivan Small Finance BankSmall Finance	Standard	94.3100	97.2000	₹2.89	3.02%	14 May09:45
IndusInd BankPrivate	Standard	94.2200	97.2200	₹3.00	3.13%	14 May09:38
ICICI BankPrivate	Standard	93.8600	96.9800	₹3.12	3.27%	13 May09:12
Kotak Mahindra BankPrivate	Standard	93.8900	97.1600	₹3.27	3.42%	13 May09:00
Axis BankPrivate	Standard	93.9100	97.2000	₹3.29	3.44%	13 May18:45
HDFC BankPrivate	Standard	93.8300	97.2500	₹3.42	3.58%	13 May09:22
IDFC FIRST BankPrivate	Standard	94.0100	97.4600	₹3.45	3.60%	14 May09:09
HSBC IndiaForeign	Standard	93.7100	97.3700	₹3.66	3.83%	13 May10:10
ESAF Small Finance BankSmall Finance	Wide	93.1600	97.9500	₹4.79	5.01%	13 May
RBL BankPrivate	Wide	93.3200	98.1400	₹4.82	5.03%	14 May09:00
SBM Bank IndiaForeign	Wide	93.0900	98.3500	₹5.26	5.50%	14 May09:21
Standard Chartered Bank IndiaForeign	Wide	92.8500	98.6100	₹5.76	6.02%	14 May09:02

What this means

On a ₹1,00,000 USD TT (wire) ticket today, the tightest-quoting bank costs ₹298 vs. ₹3,008 at the widest, a ₹2,711 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

Canara Bank· cap USD 5,000

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

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.

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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 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

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.

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