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SanGaMa- San Francisco Bay Area Kerala Group

Carrying rupees to India

11/20/2016

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Import: Currency Regulations in IndiaLocal Currency (INR) -
Any person resident in India, who had gone out of India on a temporary visit, may bring into India at the time of his return from any place outside India (other than from Nepal and Bhutan), currency notes of Government of India and Reserve Bank of India notes up to an amount not exceeding Rs. 25,000 (Rupees Twenty Five Thousand only) per person.
Any person residing outside India and visiting India may bring into India currency notes of Government of India and Reserve Bank of India notes up to an amount not exceeding Rs.25,000 (Rupees Twenty Five Thousand only) per person
Foreign Currency-
There is no limit to bring foreign exchange in India from the US. However, the aggregate value of foreign currency notes in excess of USD 5000 or equivalent and the aggregate value of foreign exchange in the form of currency notes, bank notes or traveller's cheques in excess of USD 10,000 or its equivalent must be declared to the customs.
The limit for foreign currency notes is USD 3,000 and must be declare by filing CDF (Currency Declaration Form) if it exceeds the limit.
Export: Currency Regulations in IndiaForeign Currency-
There is no limit to carry foreign exchange to the US. However, amounts exceeding USD 5,000 or equivalent and foreign exchange in the form of currency notes, bank notes or traveller's cheques in exceeding USD 10,000 or its equivalent must be declared to the customs.
Local Currency (INR) -
There is a limit of INR 25,000 per person for Indian residents to carry from India to US.Any person who resides outside India is allowed to take out of India, the unspent money bought by him/her.
Any person residing outside India may take outside India currency notes of Government of India and Reserve Bank of India notes up to an amount not exceeding Rs.25,000 (Rupees Twenty Five Thousand only) per person
​http://www.compareremit.com/money-transfer-faqs/what-is-the-customs-limit-on-the-amount-of-cash-that-i-can-carry-from-usa-to-india-3628/


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