You can send Indian Rupees (INR) from your KAST account to any bank account that supports INR transfers using KAST Pay. In this article, you’ll learn how to send INR to a bank account, what fees and timelines apply, and what to do if your payout doesn't arrive as expected.
How Do I Send INR from KAST?
With KAST Pay, sending INR is quick and simple:
| 1. Open the KAST app. | |
| 2. Go to the Pay tab. | |
| 3. Under New Payment, select Local Payout. | |
| 4. Choose INR as your payout currency. | |
| 5. Choose whether to transfer to your own account or to someone else. | |
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6. Enter the amount you wish to send. |
| 7. Enter your recipient’s bank details. | |
| 8. Review the details and confirm your transaction. |
Your funds are converted at the current FX rate, and you’ll see all fees and delivery times upfront before confirming your payout.
What are the Fees for INR Payouts with KAST?
KAST uses transparent pricing for every INR payout:
| Detail | What It Means | Amount |
|---|---|---|
| FX Conversion Fee | Small rate applied when converting stablecoins to INR. | 1% |
| Transfer Fee (Fixed) | Flat cost for sending your payout through our payment partner. | 2 USD |
What is the Minimum Amount Threshold for INR Payouts?
The required minimum payout for INR transfers is 1,000 INR. This threshold helps ensure smooth processing and maintains consistent payout standards across supported banking networks in India.
Which Banks Can Receive INR Payouts?
You can send INR to local banks in India that support rupee-denominated transfers, including:
Major Indian banks (State Bank of India, HDFC Bank, ICICI Bank, etc.)
Most regional and digital banks that accept INR deposits.
Tip: Always confirm with your recipient’s bank that their account can receive INR deposits before sending.
How Long Does It Take for INR Payouts to Arrive?
INR payouts typically take less than 24 hours, often within hours of confirmation. Transfers made outside regular banking hours or during public holidays will be completed on the next working day. You’ll receive a confirmation in your KAST app once your payout is delivered.
Can I Send INR to Someone Else’s Bank Account?
Yes, you can send INR to another person’s or business bank account that accepts INR transfers. Ensure the recipient’s name, account number, and IFSC code are entered correctly to prevent delays.
What If My INR Payout Hasn’t Arrived?
If your payout hasn’t arrived by the expected time:
- Check your Transaction History in the KAST app to confirm its status.
- Verify the recipient bank details are correct.
- Contact the recipient’s bank to check for incoming transfers.
- If it’s still not received, reach out to KAST Concierge for support.
For more details, see: What Should I Do If My KAST Payout Hasn’t Arrived Yet?
Frequently Asked Questions
Do I need to complete KYC before sending INR?
Yes. Completing KYC verification is required before using KAST Pay. This ensures compliance with local financial regulations and keeps your transactions secure.
Why does my INR payout sometimes take longer to arrive?
Slight delays can occur if transfers are made after banking hours or during holidays. Occasionally, banks perform compliance checks on large or first-time transfers, which can add a short delay.
Can I cancel or edit an INR payout after confirming?
No. Once confirmed, INR payouts are immediately processed and cannot be canceled or changed. If you entered incorrect details, contact KAST Concierge as soon as possible for help.
What happens if my payout fails?
If your payout fails because of invalid or incomplete information, your funds will be returned to your KAST balance automatically once the payment is reversed. You’ll be notified once the refund is completed.
Can I send INR from anywhere?
Yes. You can send INR from any country supported by KAST, as long as the recipient’s bank account accepts INR transfers. This makes it easy to send or receive funds across borders in local currency.