Following are the different Mediums for sending money to India:
1. Some Indian banks have tie up with US, UK Banks and you can register for remittance accout and send money through your Foreign bank account directly to Indian Account. Limitation here is, Indian bank to which you can send is fixed and rate you get is less compared to the market but fixed, no fluctuation.
2. Many other websites like remit2India, remit.onlinesbi, money2india etc are available which transfer the money to any bank account within 4-5 business days. Rate depends on the market value on the day the money is exchanged and transfered. SBI gives more rate as compared to other websites. Remit2india has a very good customer service.
No comments on Icici and HDFC...
Sunday 26 December, 2010
Sunday 3 January, 2010
Temple in Golden Valley
We Visited temple in Golden valley. Its a beautiful temple with all the Gods like Ganapati, Shiva, Vithoba, Saraswati etc. The temple is built by South Indians(chennai people). We met a very senior person over there who is I guess member of that temple. He is in Minneapolis over 41 years and was sharing his experience in the city. He told us that this temple has costed them about 70 million dollars and they pay an EMI of 36000$ per month and till date they have not faced any problem paying that amount. Overall it was a great start to our new year as it was 1st Jan 2010.
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