Send money from the UK to Karnataka
Karnataka received 7.7% 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 Bengaluru, Mangaluru or anywhere in the state, and how the state's banks have changed.
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.
- Karnataka received 7.7% of the money India received from abroad in 2023-24, the fifth-largest share of any state or union territory, according to the Reserve Bank of India.
- Sonic Wallet sends pounds from the UK to bank accounts in Karnataka.
- The main language is Kannada.
- Popular times to send extra money: Ugadi, Dasara, Deepavali and Makar Sankranti.
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 Karnataka
Coastal Karnataka is where several of India's big banks began. Canara Bank, which started in Mangaluru, now has its head office in Bengaluru, and Karnataka Bank is based in Mangaluru.
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.
Vijaya Bank merged into Bank of Baroda on 1 April 2019. On 1 April 2020, Syndicate Bank merged into Canara Bank and Corporation Bank into Union Bank of India. State Bank of Mysore became part of State Bank of India in 2017. Branches of all four now use new IFSC codes.
Busy times for sending money to Karnataka
- Ugadi: the Kannada New Year, in March or April
- Dasara: September or October
- Deepavali: October or November
- Makar Sankranti: mid-January
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.
Karnataka's share of India's remittances
Karnataka received 7.7% of the money India received from abroad in 2023-24, the fifth-largest share of any state or union territory, according to the Reserve Bank of India.
| State | 2016-17 | 2020-21 | 2023-24 |
|---|---|---|---|
| Karnataka | 15.0% | 5.2% | 7.7% |
Karnataka's share fell from 15.0% in 2016-17 to 5.2% in 2020-21, when many workers in the Gulf returned home during the pandemic, and has since recovered to 7.7%. The Reserve Bank of India notes that Karnataka and Tamil Nadu send large numbers of students and workers abroad.
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.
Kannadigas in the UK
Bengaluru is the centre of India's technology industry, and many people in the UK have family, friends or colleagues there.
Kannada is the official language of Karnataka. In Bengaluru, English and many other Indian languages are also widely spoken.
Frequently asked questions
How much of India's remittances go to Karnataka?+
Karnataka received 7.7% of all the money India received from abroad in 2023-24, the fifth-largest share of any state, according to the Reserve Bank of India's remittances survey. In 2016-17 its share was 15.0%.
My family's bank was Syndicate Bank, Corporation Bank or Vijaya Bank. What has changed?+
Syndicate Bank is now part of Canara Bank, Corporation Bank is part of Union Bank of India and Vijaya Bank is part of Bank of Baroda. Their branches have new IFSC codes, so ask the recipient for their current details before you send.
Can I send money to a bank account in Bengaluru from the UK?+
Yes. You need the recipient's name as the bank has it, their account number and the IFSC of their branch. The same details work for any bank account in Karnataka.
When do people send the most money to Karnataka?+
Many families send extra money before Ugadi in March or April, Dasara in September or October, and Deepavali in October or November.
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