INR to EUR Converter.

1 INR = 0.0108 EUR as of 2026-05-18. The INR-EUR corridor is dominated by Indian outbound flows — students heading to German engineering programs (which are essentially free), French grandes ecoles, and Italian design schools, plus diaspora remittance reverse-flows and growing tech-talent placements in Berlin, Amsterdam, and Paris. Both currencies have weakened modestly against USD over five years but EUR less than INR, so the cross has drifted lower. The two binding constraints for Indian outbound are RBI's Liberalised Remittance Scheme cap of $250,000 per individual per financial year and the 20% TCS (Tax Collected at Source) on outward remittances above ₹7 lakh per year for purposes other than education or medical. For students, the TCS rate drops to 5% above ₹7L when remittance is for education funded by education loan.