Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Who can remitIndividuals who are NRIs/PIOs and corporates remitting salary payments to employees in India can use Rapid Funds2India; neither remitter nor beneficiary must hold a Bank of Baroda account.View source
The official eligibility section identifies / individuals and salary-remitting corporates and says accounts are not mandatory.
- Source
- Rapid Funds2India
- Page / section
- Who can Remit?
- Accessed
- 23 Aug 2026
- Confidence
- high
Beneficiary credit timeTransfers to interconnected Bank of Baroda branches are described as instant under CBS; transfers to approximately 26,000 other-bank NEFT/ RTGS branches are credited within 24 hours.View source
The official feature list describes instant credit and up-to-24-hour credit for other-bank /branches.
- Source
- Rapid Funds2India
- Page / section
- Features
- Accessed
- 23 Aug 2026
- Confidence
- high
Transfer limitsThere is no minimum or maximum for transfers to Bank of Baroda branches and to other banks through NEFT. The stated minimum for an RTGS transaction is ₹2,00,000.View source
The official feature list states no minimum/maximum and a ₹2 lakh minimum.
- Source
- Rapid Funds2India
- Page / section
- Features — No limits
- Accessed
- 23 Aug 2026
- Confidence
- high
Remittance feeRemittance is free when both remitter and beneficiary have Bank of Baroda accounts; charges otherwise vary by originating country, beneficiary bank and local currency, as listed on the official page.View source
The official features state free -to- remittance and provide country-specific charge tables for other cases.
- Source
- Rapid Funds2India
- Page / section
- Features / Applicable Charges
- Accessed
- 23 Aug 2026
- Confidence
- high
ChannelsRemitters use listed Bank of Baroda overseas branches in the United Kingdom, UAE and other published locations. Funds are credited instantly to interconnected Bank of Baroda branches in India and within 24 hours to approximately 26,000 NEFT/ RTGS branches of other banks; remittance confirmation is sent through the overseas branch.View source
The official page publishes overseas branch tables and the instant/24-hour India credit routes.
- Source
- Rapid Funds2India
- Page / section
- Features / List of Branches and Applicable Charges
- Accessed
- 30 Aug 2026
- Confidence
- high
AvailabilityIndividuals who are NRIs/PIOs and corporates remitting salary payments to employees in India can use Rapid Funds2India; neither remitter nor beneficiary must hold a Bank of Baroda account.View source
The manually reviewed product record states: “Individuals who are / and corporates remitting salary payments to employees in India can use Rapid Funds2India; neither remitter nor beneficiary must hold a Bank of Baroda account.”.
- Source
- Rapid Funds2India — official product page
- Page / section
- Published product metadata
- Accessed
- 15 Aug 2026
- Confidence
- high
Customer typeNRIs, PIOs and other eligible non-resident customersView source
The manually reviewed product record states: “, and other eligible non-resident customers”.
- Source
- Rapid Funds2India — official product page
- Page / section
- Published product metadata
- Accessed
- 15 Aug 2026
- Confidence
- high
Service typeRemittance serviceView source
The manually reviewed product record states: “Rapid Funds2India”.
- Source
- Rapid Funds2India — official product page
- Page / section
- Published product metadata
- Accessed
- 15 Aug 2026
- Confidence
- high
Eligibility
- Individuals who are / and corporates remitting salary payments to employees in India can use Rapid Funds2India
- neither remitter nor beneficiary must hold a Bank of Baroda account.
Passing a listed condition does not mean the bank will approve an application.
