Sending money home from the Gulf
Compare the amount that arrives in rupees, not the headline rate on a banner.
What to compare
Exchange houses, your Gulf bank, and Indian bank apps each show a rate and a fee. The figure that matters is the rupees credited after both. A “zero fee” rate is often worse than a small fee on a better rate.
Gold is a different page
Dirham and rupee rates move with the bullion price. Use the gold page for 22K and 24K, and your bank for the remittance. Neither number is a jeweller’s making charge or a bank’s card rate.