Remittance corridor · World Bank RPW · 2024Q1
India → Pakistan
Provider panel is low-tercile (4 RPW providers) on India → Pakistan - a thin survey panel versus denser routes.
- 6.8%
- Average cost
- 4.6%
- Cheapest · Bank of Baroda
- 4
- Providers tracked
How the 6.8% average cost breaks down
World Bank RPW splits total remittance cost into the provider's transaction fee and the exchange-rate margin applied to the transfer. Same 2024Q1 figures as the detail table below.
The verdict
The World Bank last surveyed India → Pakistan in 2024Q1, and has not priced it since. Every figure on this page is that observation, so we do not rank this corridor against the 2025Q3 release: a 6.8% reading from then is not a like-for-like comparison with corridors priced years later.
- 2024Q1
- last surveyed quarter
- 6.8%
- average cost of a $200 transfer, as of 2024Q1
- Not ranked
- outside the 2025Q3 corpus ranking
- Bank of Baroda
- cheapest provider recorded in 2024Q1
Held for the historical record. Live rankings use only the 2025Q3 release.
What changed
World Bank RPW release record: 2023Q4 to 2024Q1
- Average transfer cost changed from 7.12% to 6.83% (-0.29 percentage points).
- Lowest observed transfer cost changed from 4.90% to 4.61% (-0.29 percentage points).
Subscribe to this corridor's cost changes (RSS) — one item per World Bank RPW release, no account or email required.
Where this corridor sits by provider panel size
India → Pakistan has 4 World Bank RPW providers among 377 tracked corridors (inventory signal, not a cost-quality ranking). Orthogonal to the cost comparison below.
India → Pakistan vs all corridors by provider count
Where this corridor's RPW provider panel sits among every tracked route
4 337th of 377 higher than 40 of 377 corridors
Corridors, banded by RPW provider inventory
Each bar is a band; taller bars hold more corridors. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source World Bank Remittance Prices Worldwide · 2026-08-10
How India → Pakistan compares
Average cost of a $200 transfer, percent, lower is cheaper
6.83% average - 3.8pp above target
Cost trend: India → Pakistan
Average and cheapest cost of a $200 transfer over time, percent
Sending Country
Receiving Country
Nearby Corridors from India
India's outbound coverage in our data is limited to a handful of corridors; here is how the others compare.
| # | Destination | Avg cost | Cheapest |
|---|---|---|---|
| 1 | Nepal | 3.1% | 0.5% |
| 2 | Sri Lanka | 6.8% | 4.4% |
| 3 | Bangladesh | 8.5% | 4.6% |
World Bank RPW fee spread
Release 2024Q1 IN→PK
6.8% avg · 4.6% floor · 2.22pp spread on $200
- AVG 6.8%
- CHEAP 4.6%
- SPREAD 2.22pp
- SDG +3.8pp
- REL 2024Q1
- PANEL 4
Fee spread manifest for India → Pakistan: entity-varying RPW stamps plus cross-sender ABS(avg_cost) peers from the current release. Compare corridors side-by-side →
Thin provider panel on India → Pakistan
RPW records only 4 providers on India → Pakistan - below the fleet panel tercile (~6). Average cost is 6.83%.
That cheapest figure comes from the World Bank's mystery-shopping survey: trained researchers pose as customers and obtain real quotes for a standardized $200 transfer, across the 4 banks, money transfer operators, post offices and mobile-money providers RPW tracks on this corridor. It is a snapshot from that survey quarter, not a live guarantee -- confirm the current rate directly with the provider before sending.
Costs on this route have stayed essentially flat, moving 0.29 percentage points over the tracked period, unusual stability against the broader downward trend seen on most corridors. Across 32 quarters on record, average cost ranged 2.2%–8.1%, with 5 quarters at or under the UN 3% target. It sits 3.8 pp above the UN SDG 10.c 3% target.
About India → Pakistan data
PlainRemit compares international money-transfer costs across tracked corridors so you can see which routes and providers charge the least before you send money abroad. This corridor's figures are computed directly from the World Bank Remittance Prices Worldwide (RPW) quarterly survey, a mystery-shopping panel of actual transfer quotes for a standardized $200 transfer.
Average 6.83%; cheapest observed 4.61% via Bank of Baroda; 4 providers tracked across 32 RPW quarters; vintage 2026-08-10.
Frequently Asked Questions
How much does it cost to send money from India to Pakistan?
Average 6.83% of the transfer amount (World Bank RPW, 2024Q1) - upper fleet tercile (above ~6.6%). Cheapest observed: 4.61% via Bank of Baroda.
What is the cheapest way to send money from India to Pakistan?
Lowest RPW survey quote: 4.61% (Bank of Baroda). Panel is low-tercile with only 4 providers tracked.
Is the India to Pakistan corridor meeting the UN SDG cost target?
Not yet: 6.8% is 3.8pp above the UN SDG 10.c 3% target and in the upper fleet cost tercile.
Read our methodology - how this data is sourced, computed, and verified.