Recurring Payments for Mortgage

Guaranteed Rate
1 USD = 72.87 INR

Indicative rate
1 USD = 73.02 INR
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Equated Monthly Instalments, popularly known as EMIs have been one of the greatest innovations in the financial sector, allowing most of us to experience luxury at the most cost effective and practical ways possible. Eliminating the need to pay the full amount on purchase, easy monthly instalment schemes allow us to pay a specific sum over a set period of years with interests included. However, this convenience is not without its share of price. The concern with instalments is that you should be consistent in paying them month after month. When you skip a month, you incur a late fee and this can even impact your credit score. The same is the case with mortgage loan payments and home loan payment. Both the cases are crucial and care should be taken that the last due dates for them are never missed.

And when you are in a foreign country, you need to be all the more careful in terms of remembering your pay dates because you need to transfer them to your bank accounts for the instalments to get debited. The entire process could be tedious and since it is a recurring process, it is better if you find effective mortgage payment options or loan payment options.

That is why we bring you Remit2India, one of the most ideal ways to send money to India from a foreign country. Regardless of which country you are in, you could use Remit2India to send money to your home loan accounts, thereby maintaining a good credit score. If your home loan is associated with an ICICI account or a State Bank of India account, you can use Remit2India to send money directly to your bank accounts without any hassles. Plus, you can do this from any country you are in such as the United States of America, the UK, Australia, Canada or more.

Transferring money to India becomes simple with Remit2India as you only have to follow minimal steps to get your amount credited to your respective bank accounts. It starts by you logging in to the portal, selecting the country and specifying the amount you intend to transfer. When you enter, the window will display the amount that would get credited in the local currency after considering the exchange rates. Since Remit2India offers great exchange rates, you don't have to worry about it. Once you know the value, you can complete the transaction by selecting a convenient payment option.

One of the other advantages of using Remit2India for your transaction is that if you send money from countries like the United Kingdom or Australia, you do not incur a transaction charge for any of your money transfer, regardless of the amount you send.And when you send money from the United States of America, you do not incur any transaction charges when you transfer money from the US to India for transactions more than $999. No matter from whichever perspective you see, Remit2India only offers you advantages and convenience. Plus, if you have any question related to international money transfers, you can always get them cleared with our dedicated customer support team. You also have referral programs to further add value to your usage of the portal.