What Are Revolut Fees in India in 2026?
- Author:
- Manoj Sharma
- Verified by:
- Editorial team
- Published:
- Last modified:
Short answer
Revolut fees for Indian users: Not confirmed. No published fee for receiving international payments in India; paid plans are Plus ₹499/year, Premium ₹2,499/year and Metal ₹9,999/year plus taxes. FX markup: Not confirmed for inward payments; the India site does not publish an inward conversion rate. Fees were checked on 30 Sept 2026.
| Fee type | Amount | When it applies | Best for |
|---|---|---|---|
| Receiving fee | Not confirmed; India terms bar business use | Each payment received | Indian residents using an INR wallet and forex card |
| FX markup | Not confirmed for inward payments | Conversion to INR | Indian residents using an INR wallet and forex card |
| GST | Paid plan prices are shown plus taxes, and the Standard fee schedule lists wallet top-up and card fees plus GST. GST on any receiving fee is not confirmed because no receiving fee is published. | On the fee | Indian residents using an INR wallet and forex card |
What are Revolut fees at a glance?
Revolut fees for Indian users, as published on Revolut's own pricing pages and checked on 30 Sept 2026.
| Fee type | Amount | When it applies | Best for |
|---|---|---|---|
| Receiving: Top up INR wallet from own Indian bank or card via UPI, net banking or external card | UPI 0%; Netbanking 1.28% + GST; Debit Card 0.30% + GST; Credit Card 1.63% + GST (Standard plan fee schedule) | Domestic top-up only. Funds to a currency account must come from the same bank account given during verification. | Indian residents using an INR wallet and forex card |
| Receiving: Receive money from other Revolut or non-Revolut wallets and bank accounts in India | Not confirmed | Described in the personal terms for the INR PPI wallet; not an international receiving method. | Indian residents using an INR wallet and forex card |
| Receiving: International bank transfer (SWIFT or local foreign account details) from a foreign client | Not confirmed | Not offered on the Revolut India site or terms as of 2026-10-06. | Indian residents using an INR wallet and forex card |
| Currency conversion to INR | Not confirmed for inward payments; the India site does not publish an inward conversion rate | When foreign currency is converted | Indian residents using an INR wallet and forex card |
| Payout to an Indian bank | Not confirmed. Revolut India does not describe converting foreign client payments to INR or paying them out to an Indian bank account. | When INR is sent to your account | Indian residents using an INR wallet and forex card |
| Plus plan | ₹499/year plus taxes | – | Indian residents using an INR wallet and forex card |
| Premium plan | ₹2,499/year plus taxes | – | Indian residents using an INR wallet and forex card |
| Metal plan | ₹9,999/year plus taxes | – | Indian residents using an INR wallet and forex card |
| Standard plan | Free | – | Indian residents using an INR wallet and forex card |
| First Revolut Card (Standard plan) | ₹199, plus applicable GST | – | Indian residents using an INR wallet and forex card |
| ATM withdrawal (Standard plan) | 2% of the withdrawal amount or ₹150, whichever is lower, plus GST as applicable | – | Indian residents using an INR wallet and forex card |
| GST on fees | Paid plan prices are shown plus taxes, and the Standard fee schedule lists wallet top-up and card fees plus GST. GST on any receiving fee is not confirmed because no receiving fee is published. | Applies to the platform's fee | Indian residents using an INR wallet and forex card |
How does Revolut charge Indian users?
Revolut charges through a receiving fee, an FX markup on conversion and, in some cases, payout or fixed fees.
- Transaction fee: Not confirmed. No published fee for receiving international payments in India; paid plans are Plus ₹499/year, Premium ₹2,499/year and Metal ₹9,999/year plus taxes
- FX markup: Not confirmed for inward payments; the India site does not publish an inward conversion rate
- Withdrawal fee: Not confirmed. Revolut India does not describe converting foreign client payments to INR or paying them out to an Indian bank account.
- GST: Paid plan prices are shown plus taxes, and the Standard fee schedule lists wallet top-up and card fees plus GST. GST on any receiving fee is not confirmed because no receiving fee is published.
Calculation basis: No fee model. Revolut India does not publish a product that lets an Indian resident receive a foreign client's USD bank transfer and settle INR to an Indian bank account. Its Indian personal terms say PPIs can only be used for making payments in Indian Rupees and that a Revolut Account cannot be used for business purposes. The Indian fee schedules (Standard plan and multi-currency card fees) list no inward international payment fee, FX markup or GST treatment for receiving money from abroad.
What does Revolut charge by payment method?
Revolut's fee depends on how your client pays. Methods not listed are not supported or not published for Indian users.
| Fee type | Amount | When it applies | Best for |
|---|---|---|---|
| Receiving: Top up INR wallet from own Indian bank or card via UPI, net banking or external card | UPI 0%; Netbanking 1.28% + GST; Debit Card 0.30% + GST; Credit Card 1.63% + GST (Standard plan fee schedule) | Domestic top-up only. Funds to a currency account must come from the same bank account given during verification. | Indian residents using an INR wallet and forex card |
| Receiving: Receive money from other Revolut or non-Revolut wallets and bank accounts in India | Not confirmed | Described in the personal terms for the INR PPI wallet; not an international receiving method. | Indian residents using an INR wallet and forex card |
| Receiving: International bank transfer (SWIFT or local foreign account details) from a foreign client | Not confirmed | Not offered on the Revolut India site or terms as of 2026-10-06. | Indian residents using an INR wallet and forex card |
| Currency conversion to INR | Not confirmed for inward payments; the India site does not publish an inward conversion rate | When foreign currency is converted | Indian residents using an INR wallet and forex card |
| Payout to an Indian bank | Not confirmed. Revolut India does not describe converting foreign client payments to INR or paying them out to an Indian bank account. | When INR is sent to your account | Indian residents using an INR wallet and forex card |
| GST on fees | Paid plan prices are shown plus taxes, and the Standard fee schedule lists wallet top-up and card fees plus GST. GST on any receiving fee is not confirmed because no receiving fee is published. | Applies to the platform's fee | Indian residents using an INR wallet and forex card |
What is the Revolut currency conversion fee and FX markup?
Published FX markup: Not confirmed for inward payments; the India site does not publish an inward conversion rate. The markup is the difference between the mid-market rate and the rate Revolut applies when converting to INR.
What are Revolut withdrawal and settlement fees?
| Platform | Settlement to India | Payout route | Best for |
|---|---|---|---|
| Revolut | Not confirmed | Not confirmed | Indian residents using an INR wallet and forex card |
Is GST charged on Revolut fees?
Paid plan prices are shown plus taxes, and the Standard fee schedule lists wallet top-up and card fees plus GST. GST on any receiving fee is not confirmed because no receiving fee is published.
How much INR do you receive on $2,000, $5,000 and $10,000 with Revolut?
The table shows each charge line by line at the XE mid-market rate for 4 Nov 2026.
| Platform and invoice | Fee | FX markup | GST | INR received | Cost | Best for |
|---|---|---|---|---|---|---|
| Revolut, $2,000 | – | – | – | Not published | – | Indian residents using an INR wallet and forex card |
| Revolut, $5,000 | – | – | – | Not published | – | Indian residents using an INR wallet and forex card |
| Revolut, $10,000 | – | – | – | Not published | – | Indian residents using an INR wallet and forex card |
How can you reduce Revolut fees?
- Payment method: Ask clients to pay by local bank transfer to your account details, which usually costs less than cards, wallets or Swift wires.
- Invoice size: Where a platform charges a flat fee per payment, fewer and larger invoices lower the cost as a share of revenue.
- Conversion: Compare the rate offered with the mid-market rate on the day, because the FX markup is often the larger cost.
- GST: Keep the platform's tax invoices, since GST paid on fees may be claimable as input tax credit if you are GST registered.
How do Revolut fees compare with other platforms?
Platforms are ranked by the INR received on a $5,000 invoice, with Revolut included.
| Platform | Fees | FX markup | FIRA | INR on $5,000 | Best for |
|---|---|---|---|---|---|
| Skydo | $19 up to $2,000, $29 to $10,000, 0.3% above + GST | States zero FX margin at live rate | States instant, free FIRA per payment | ₹4,70,030 | Indian freelancers and exporters receiving mid to large B2B invoices |
| Razorpay | 1% per bank transfer (Rs 1,000 flat below Rs 1,00,000) + GST | States 0% markup on MoneySaver at live rate | FIRS within 24 hours of settlement; no charge listed | ₹4,67,685 | Indian businesses and freelancers on Razorpay invoicing foreign clients |
| Kotak Mahindra Bank | No inward, FIRC, SWIFT fee on current accounts; GST on conversion | Card rate, markup not published; 1.71% below mid-market on 7 Oct 2026 | Nil FIRC on current accounts; savings Rs 100 or nil | ₹4,64,669 | Service exporters wanting a current account without inward remittance fees |
| HDFC Bank | No inward charge; physical FIRC INR 200 + taxes; GST on conversion | Card rate ~1.79% below mid-market on 6 Oct 2026; markup unpublished | Physical FIRC INR 200; emailed advice free for trade | ₹4,64,291 | Existing HDFC customers wanting free SWIFT receipts or EEFC accounts |
| Revolut | Not confirmed; India terms bar business use | Not confirmed for inward payments | Not confirmed; not mentioned on India pages | Not for business: Revolut India terms bar business use of the account | Indian residents using an INR wallet and forex card |
How did we verify this?
Fees were checked on Revolut's own pages on 30 Sept 2026. INR figures use the XE mid-market rate for 4 Nov 2026. The formula is on the methodology page.
- Revolut India home page, Eligibility (Indian residents aged 18+); plan prices; footer legal entity and RBI PPI and AD-II statements (checked 6 Oct 2026)
- Revolut India spending account (checked 6 Oct 2026)
- Revolut India personal terms, PPIs only for payments in Indian Rupees; foreign currency services via affiliates; no business use; KYC under RBI guidelines; UPI receipt and payment limits shown in the app; top-up methods (checked 6 Oct 2026)
- Revolut India products legal index (checked 6 Oct 2026)
- Revolut India Multi-Currency Cards Terms and Conditions, Eligibility: Indian citizen, resident in India, Indian passport, PAN and Aadhaar; loading funds by bank transfer (NEFT, IMPS, RTGS) (checked 6 Oct 2026)
- Revolut India Help Centre: Add money with a bank transfer (checked 6 Oct 2026)
- Revolut India Personal Fees (Standard), Add money fees, card fee, ATM fee; no inward international payment fee listed (checked 6 Oct 2026)
- Revolut India fees index (checked 6 Oct 2026)
FAQs about Revolut fees
How much does Revolut charge to receive money in India?
Fees: Not confirmed. No published fee for receiving international payments in India; paid plans are Plus ₹499/year, Premium ₹2,499/year and Metal ₹9,999/year plus taxes. Conversion to INR: Not confirmed for inward payments; the India site does not publish an inward conversion rate. GST on any receiving fee is not confirmed because no receiving fee is published.
Does Revolut add a markup to the exchange rate?
Published FX markup: Not confirmed for inward payments; the India site does not publish an inward conversion rate. The markup is the gap between the mid-market rate and the rate Revolut applies, so it is a cost even when no separate fee is shown. Compare the rate Revolut offers with the mid-market rate on the day you convert.
Is GST charged on Revolut fees?
Paid plan prices are shown plus taxes, and the Standard fee schedule lists wallet top-up and card fees plus GST. GST on any receiving fee is not confirmed because no receiving fee is published. Where a platform charges GST, it is added on top of the fee, so the total cost rises by 18% of the fee.
How long does Revolut take to pay out to an Indian bank account?
Revolut states: Not confirmed. No inward international settlement to an Indian bank account is described on the India site. Payout route: Not confirmed. Revolut India does not describe converting foreign client payments to INR or paying them out to an Indian bank account.
Does Revolut provide a FIRA for each payment?
No FIRA, FIRC or e-FIRA is mentioned on the Revolut India site, terms or help centre pages reviewed. Since no inward remittance product is described, export proceeds documentation for GST refunds or tax filings is not confirmed. Check the platform's own pricing page before relying on these figures.
Is Revolut cheaper than other ways to receive international payments?
Revolut does not publish enough pricing for Indian users to calculate a total cost, so it cannot be ranked on this site. The comparison table on this page shows platforms that publish full pricing, ranked by the INR received on a $5,000 invoice.