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Lowest Prices: Send Money Abroad at the lowest rates
Zero fees & hidden charges: No platform fee or service charge
End‑to‑end digital tracking: Monitor your transfer status anytime via website
Fully regulated & secure, backed by RBI‑compliant partners
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Compare fees of transferring money from India to Canada
Know exactly what you’re paying - no hidden fees, no surprises for INR to CAD transfers. Just ZERO-cost, transparent transfers to Canada.
CAD
Canada CAD
INRIndian Rupee
87,705
Wise
Others
Net payable
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Total charges
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Including Markup & SWIFT Fee
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You pay
₹85,837.53
₹85,837.53Total Charges
₹1,300
Wise
You pay
₹87,837.53
₹87,837.53Total Charges
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Others
You pay
₹87,837.53
₹87,837.53Total Charges
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Values are based on assumptions and public data; refer to the official website for the latest figures.
How to transfer money from India to Canada at lowest rates
You need to use International Wire Transfer, also known as a SWIFT transfer, which falls under the RBI’s LRS. Use Niyo to complete this transfer at Zero fee-
1
Go to Niyo website
Tap 'Send Money Abroad'
2
Choose currency
Choose the currency CAD, and enter the amount
3
Add bank details
Add your recipient’s Canada bank account details (university, student self or rental property)
4
Choose payment
Pay via UPI, NEFT, etc.
5
Review & track
Review, confirm, and track your transfer in real time
Send More, Save More - And Earn Niyo Coins
Lowest rates | No hidden slabs | Charges refunded as Niyo Coins | Live IBR rates for CAD ↔ INR
Why send money to Canada with Niyo?
Niyo provides international money transfers at zero markup* (effectively zero fees), 100% transparency and secures all transactions with an RBI-compliant process.
1.5% cheaper# than Wise and others (save ~ ₹15K per transfer of ₹10L+)
Track every transfer in real time
Bank-grade encryption keeps your money & data safe
Best way to transfer money from India to Canada at cheapest rates
Send money to Canada right from your home with Niyo
Enjoy zero fee & lowest rateswith no hidden costs
100% digital, SWIFT transfer with RBI compliance
Instant alerts to track your transfer status in real time
One platform, full control from payment to credit confirmation
Who can do International Money Transfers to Canada with Niyo?
Students, parents, grandparents, and siblings can send money abroad for tuition fees, living expenses, rent, and more—all fully RBI-compliant under LRS.
Where you can send money:
To the student's Canada account
Directly to the university for tuition fees
To rental property owner for accommodation
Other approved education-related expenses abroad
4.7 
(46k reviews)
4.7
(34k reviews)Here’s what our users say
I saw Niyo started international transfers at zero forex. Asked my dad to send my semester fees for my MS in Data Science here at University of Melbourne. Money came in fast and we got all charges back in coins.
I was worried about high bank charges for my tuition in Canada. A friend told me about Niyo transfers. My father sent fees for my Bahcelors at University of Toronto - smooth process and no extra cost after coins refund.
For my MBA at NUS Singapore, I needed to pay hostel rent. We used Niyo money transfer - very quick and cheaper than bank, plus got coins back for booking my next flight.
I'm in my second year of Computer Science at UC Berkeley. Dad used Niyo transfer for my tuition this time. Rates were over 2 % lower that flywire, transparent, and the whole thing took less than 24 hours.
Usually we used bank for my tuition payments in London. This time for my Masters at LSE, we tried Niyo transfer. Saved a lot, almost 25000 in upfront charges, Niyo just took 0.5% and for that too got coins back. Easy from the app, I think they are live on web too.
I had to pay my semester fee for my Masters i ETH Zurich. My parents used Niyo transfer from their ICICI account - super cheap, no hidden fee, fast and quite easy for parents to use
Paying my living expenses for my son's Master's at TU Munich was much easier this time with Niyo transfer. I did it in minutes, saved a lot, and money reached quickly.
For my son's MBBS final year in London, I sent his hostel fees through Niyo. Smooth experience, and the zero forex part really helped.
I'm in my first year of Business Analytics at University of Auckland. We used Niyo transfer for my tuition. Very fast and clear, and I love that the charges come back as coins.
Had to pay rent for my apartment near University of British Columbia. Mom used Niyo transfer from India - easy, cheaper, and all charges back in coins we'll use for my flight home.
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FAQs
To send money to Canada from India using Niyo, it is seamless with a 100% digital process. Just visit the Niyo website, tap “Send Money”, choose CAD, enter the amount, and add your recipient’s bank details. You can use UPI, NEFT, or other options for a fast and secure transfer. You can track your transfer to Canada in real time.
Whether it’s tuition or living expenses, Niyo offers one of the best ways to transfer money from India to Canada under the RBI’s Liberalised Remittance Scheme (LRS). You get zero forex markup, transparent rates, and full control through the website, perfect for education-related transfers.
There are no hidden fees. When you transfer money to Canada through Niyo, you’ll get complete transparency, see the exact transfer fee and exchange rate before you hit confirm. Plus, all the charges for international money transfer are refunded as Niyo Coins, which can be redeemed for exclusive perks.
Yes, you can. UPI is one of the easiest ways to send money to Canada from India through Niyo, especially for smaller transfers. Just link your account, pay via UPI, and your money moves securely with full tracking.
Most transfers are processed within 1–2 working days. With Niyo, you can send money to Canada with live status updates through the app, from confirmation to credit.
Absolutely. Niyo follows RBI guidelines and partners with licensed banks to ensure every transfer to Canada is safe. Two-step authentication and an encrypted infrastructure keep your funds and data secure.
Using Niyo, you can transfer money to Canada from India under the LRS limit of up to USD 250,000 per financial year. It’s ideal for education-related expenses for students, including tuition, accommodation, living expenses and travel, with all documentation and KYC done digitally.
Currently, Niyo supports transfers from India to Canada for education-related expenses, including tuition, rent, living expenses, and travel. Enjoy seamless, low-cost international transfers.
Top currencies we support
* Terms & Conditions Apply
About Niyo
Founded in 2015, Niyo has spent the last 10 years building secure, transparent, and innovative financial solutions enabling Indians to seamlessly spend in 130+ countries at zero forex charges.
RBI regulated & licensed: Owns Kanji Forex, a 90 year old RBI-approved AD-II license holder for secure and legal international money transfers.
Safe & compliant banking: Partnered with regulated Indian banks like IDFC FIRST, YES Bank, and DCB Bank for trustworthy money handling.
Trusted by India –
15+ lakh Indians, including 5+ lakh students.
500+ employees
pan India presence in 25+ cities
