FAQ

Only purchases of US$ 3000 or less in individual foreign currency notes or coins are permitted for travelers. The remaining balance can be paid via a traveler's check, bank draft, or prepaid travel cards. Following situations are an exception to this rule:

(1) Travelers heading to Iraq and Libya may withdraw foreign currency in the form of notes and coins with a maximum value of US$5000 or its equivalent.

(2) visitors going to the Russian Federation, the Islamic Republic of Iran, and other Commonwealth of Independent States Republics who are able to withdraw the full amount of foreign currency in the form of foreign currency notes or coins. The ADs and FFMCs may disburse the full amount of the BTQ entitlement (USD 250 000) in cash or up to the monetary limit set by the Haj Committee of India for pilgrims traveling for the Haj/Umrah.

Children of all ages are given the same rights (limits) as adults, however minors/children under 14 cannot carry a foreign currency card or a traveler's check.

All types of international travel and remittances are now subject to the RBI's rules for the Liberalized Remittance Scheme. If an individual has already transmitted any amount under the Liberalized Remittance Scheme in a fiscal year, the relevant limit for travel purposes for that individual is decreased from USD 250,000 by the amount remitted / consumed. However, no foreign exchange is available for visits to Nepal and/or Bhutan for any reason.

The passport must be original and valid. Valid visa for the destination country (except where VISA on arrival applies). Confirmed ticket indicating travel within 60 days of obtaining foreign exchange PAN (Form 60/61 if PAN is not available)

Original Passport and Confirmed One-Way Air Ticket, as well as the Student Visa Prospectus/Offer Letter/Admission Letter in original, detailing the course of study, tuition fees payable, and so forth.
In the event that a person travels to the United States The I-20 form is necessary.
PAN document for any forex transactions involving amounts greater than INR 25000. Form 60 / 61 in the absence of a PAN

The above documents are not necessary for application fees; instead, a copy of the relevant page of the brochure, etc., is requested.

Passport must be original and valid.
Valid visa for the destination country (except where VISA on arrival applies).
Confirmed ticket indicating travel within 60 days of obtaining foreign exchange
PAN document for any forex transactions involving amounts greater than INR 25000. Form 60 / 61 in the absence of a PAN

Self-declaration / application

Only self-declaration if the amount is less than USD 5000. Beyond that amount, Liberalized Scheme Application Identity Proof A valid government-issued ID with a photo and address is required. Documents such as a passport, driver's license, and voter identification PAN document for all forex transactions in circumstances where total sums exceed INR 25000. Bank statement for one year / IT returns etc as specified above. Form 60 / 61 in the absence of a PAN
Account relationships may also be required by banks.

Self-declaration on the beneficiary's relationship. Identity Proof A legitimate government-issued ID with a photo and address. For example, passport, driving license, voter ID, and PAN copy are required for all forex transactions involving amounts greater than INR 25000.
Form 60 / 61 in the absence of a PAN.

Self-declaration about relationship with the beneficiary. Identity Proof A genuine government-issued ID with a photo and address is required. For example, passport, driving license, voter ID, and PAN copy for all forex transactions exceeding INR 25000.
Form 60 / 61 if PAN is not accessible

Residents of Indian origin:

Any legitimate government picture ID proof and a valid PAN worth up to USD 200/eqv.

Above USD 200/eqv. - A valid passport and a valid PAN are required. Currency Declaration form is required if the cash quantity exceeds USD 5000 and/or the total currency surrender (including other FX items) exceeds USD 10000.

In the case of a Foreign Resident/NRI (who has stayed in India for fewer than 182 days):

Valid passport, Indian visa (in any amount).