Send money from the UK to Andhra Pradesh and Telangana
Together, Telangana and Andhra Pradesh received 12.5% of India's money from abroad in 2023-24. Here is today's pound to rupee rate, what you need to pay into a bank account in Hyderabad or anywhere in either state, and the festivals when families send the most.
Written by Sonic Wallet editorial team · Last reviewed: 1 November 2026
Key facts
- On 2 Nov 2026, 06:10 GMT, £1 was worth ₹127.19 at the mid-market rate.
- Telangana received 8.1% and Andhra Pradesh 4.4% of the money India received from abroad in 2023-24, 12.5% together, according to the Reserve Bank of India.
- Sonic Wallet sends pounds from the UK to bank accounts in Andhra Pradesh and Telangana.
- The main language is Telugu.
- Popular times to send extra money: Sankranti, Ugadi, Dasara, Bathukamma and Diwali.
Rate last updated:
How many rupees will arrive?
Mid-market rate: £1 = ₹127.1934. Converted at the mid-market rate, before any fee or margin. You will see the exact fee and exchange rate before you confirm a transfer.
Send money to IndiaSending money to a bank account in Andhra Pradesh and Telangana
State Bank of India has a large network across both states, and Union Bank of India and the big private banks have many branches, particularly in Hyderabad.
Whichever bank the recipient uses, you need their name as the bank has it, their account number and the IFSC of their branch. Our guide to Indian bank details explains where to find each one.
State Bank of Hyderabad merged into State Bank of India on 1 April 2017, and Andhra Bank, which was based in Hyderabad, merged into Union Bank of India on 1 April 2020. Branches of both now use new IFSC codes, so check the recipient's current details.
Busy times for sending money to Andhra Pradesh and Telangana
- Sankranti: mid-January
- Ugadi: the Telugu New Year, in March or April
- Dasara: September or October
- Bathukamma: Telangana's flower festival, in September or October
- Diwali: October or November
If the money needs to arrive by a particular day, send it a few days early, so there is time to sort out any problem with the bank details. Our analysis of the best time to send money to India looks at how the pound to rupee rate moves.
Andhra Pradesh and Telangana's share of India's remittances
Telangana received 8.1% and Andhra Pradesh 4.4% of the money India received from abroad in 2023-24, 12.5% together, according to the Reserve Bank of India.
| State | 2016-17 | 2020-21 | 2023-24 |
|---|---|---|---|
| Telangana | – | – | 8.1% |
| Andhra Pradesh | 4.0% | 4.4% | 4.4% |
The 2023-24 survey is the first to report Telangana separately. The Reserve Bank of India notes that Telangana, Maharashtra and Punjab send the largest numbers of students abroad who then stay on to work.
The UK is one of India's biggest sources of money from abroad: 10.8% of the remittances India received in 2023-24 came from the UK, up from 6.8% in 2020-21, according to the Reserve Bank of India.
The Reserve Bank of India's figures cover money sent for family maintenance and savings, and local withdrawals from non-resident deposit accounts.
Telugu speakers in the UK
The UK is the third most popular country for Indian students, after Canada and the US: it had 13.9% of the 13.4 lakh Indian students studying abroad in January 2024, according to the Reserve Bank of India.
Telugu is the main language of both states. Urdu is also an official language in Telangana.
Read about sending money to India in Telugu: తెలుగు
Frequently asked questions
How much of India's remittances go to Andhra Pradesh and Telangana?+
Together they received 12.5% of all the money India received from abroad in 2023-24: 8.1% went to Telangana and 4.4% to Andhra Pradesh, according to the Reserve Bank of India's remittances survey.
My family's account was with Andhra Bank. Which IFSC should I use?+
Andhra Bank merged into Union Bank of India on 1 April 2020, and its branches now have Union Bank of India IFSC codes. Ask the recipient for the current IFSC from their passbook, cheque book or banking app.
Is sending money to Telangana different from sending it to Andhra Pradesh?+
No. Both states use the Indian rupee and the same Indian payment systems, so you need the same details: the recipient's name, account number and IFSC.
When do people send the most money to Andhra Pradesh and Telangana?+
Many families send extra money before Sankranti in mid-January, Ugadi, the Telugu New Year, in March or April, and Dasara and Diwali in the autumn.
Sending money to other states
Useful tools and guides
Sources
- Changing Dynamics of India's Remittances: Sixth Round of India's Remittances Survey (2023-24), Reserve Bank of India Bulletin, March 2025
- NEFT frequently asked questions, Reserve Bank of India
- List of NEFT-enabled bank branches and their IFSCs, Reserve Bank of India