VisaInfo - The Travel Knowldege

Currency Information for Indian Travelers

E-mail Print PDF

How much money  Indians can carry while travelling abroad?

Tourist Travelers (like tourism, visiting relatives) – can carry foreign exchange up to USD 10000 can carry per person in a calendar year.(USD 2000 as currency notes and rest of the amount as forex card and travelers cheque.)

Business Travelers (going for  meeting conference, specialized training, medical treatment)- can carry foreign exchange up to USD 25000 for a business trip.(USD 2000 as currency notes and rest of the amount as forex card and travelers cheque.)

Student Visa holder can carry up to the estimate given by the studying institution or up to USD 30000 per academic year, whichever is higher.(USD2000 as currency notes and rest of the amount as forex card and travelers cheque.)

Employment visa travellers can carry up to USD 5000(USD2000 as currency notes and rest of the amount as forex card and travelers cheque.)

Important:

  1. When you are travelling to Iraq and Libya you can carry up to USD 5000 as currency notes.
  2. Travelers to Russia, Iran and  other Republics of Commonwealth of Independent States can draw entire foreign exchange released in form of foreign currency notes or coins.
  3. When you travel to Nepal and Bhutan you cannot buy or carry foreign currency (like Dollar, Euro, Pound etc.)
  4. no person is allowed to take or send out of India the Indian coins which are covered by the Antique and Art Treasure Act, 1972.
  5. a person coming from Nepal or Bhutan to India and/or a person travelling to Nepal or Bhutan from India, is allowed to carry currency notes of Government of India and Reserve Bank of India notes without any value restriction  in denomination not exceeding Rs.100.

Can i purchase currency by paying cash

If the amount is equivalent or less than RS 50000 thousand you can pay by cash. If the value of foreign currency is more than RS 50000, the entire payment should be done in terms of Cheque/Pay Order / DD

How much money a person (Indian or foreigner) can bring to India?

There is no limit, however a declaration must be given to Customs authorities in Currencey delcreation form

  1. If value of currency notes exceeds USD 5000/- or its equivalent
  2. If value of travelers cheque exceeds USD 10000/- or its equivalent

How much Indian currency (Rupee Notes) can carry when an Indian citizen travel to abroad

  1. Up to RS 5000-per person
  2. Any amount in denomination not exceeding Rs.100 to Nepal or Bhutan

How much Indian currency (Rupee Notes) can carry when an Indian citizen coming to India

  1. Up to RS 5000-per person
  2. Any amount in denomination not exceeding Rs.100 to Nepal or Bhutan
International Credit Cards: It can be used for making payment towards expenses, while on a visit outside India.However use of Credit/Debit card for payment in foreign exchange in Nepal and Bhutan is not permitted.

Unspent Foreign Exchange: After returning to India, traveller must surrender currency notes within 90days and travellers’ cheques within 180 days of return. However, they are free to retain foreign exchange upto US$2,000, in form of foreign currency notes or TCs for future usemust be surrendered with in 180 of return travel date and those have purchased and not traveller must be returned with in 180 days of its purchase.

 

Contact Info

+91 9663380969
+91 9846620007

Email : visainfoemail@gmail.com

Indus Global Mobility Solutions
# 51/14, Doddathoguru,
Godrej E City Entrance,
Electronic City,
Bangalore -560100

Business Visa Requirements

Gulf Visa

You are here: Home Currency Information