
Individual customer (Indian resident / Foreigne...


Individual customer (Indian resident / Foreigner permanently residing in India) buying Forex for Private trip: Foreign exchange up to US$ 250, 000 is permissible in a financial year for multiple purposes including tourism or private travel to any country other than Nepal and Bhutan on the basis of self-certification under LRS. The availability of limit is considered by combining availment of foreign exchange under different purposes. For purchasing, currency cash is acceptable only upto Rs. 50, 000 per transaction. All purchases within 30 days shall be treated as single transaction Travelers are allowed to purchase foreign currency notes/coins only up to US$ 3000. Balance amount can be taken in the form of Prepaid Forex card Documents to be submitted: Passport Address proof such as: Telephone bill/ bank account statement/ letter from recognized public authority/ electricity bill/ ration card/ Letter from employer Copy of Ticket Visa if applicable Self declaration cum undertaking form
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