NRI repatriation rules: moving money from India abroad

NRE and FCNR(B) balances are generally repatriable when eligibility is maintained. NRO current income can generally be remitted after tax compliance, while other eligible NRO balances may use the USD 1 million per financial year facility subject to RBI conditions and bank documentation.

Property proceeds, inheritance and other asset balances need source-of-funds and tax records. The authorised dealer bank may ask for declarations, certificates and proof of the original transaction.

Quick answer

Identify the account and source of money first, then confirm the permitted route, remaining annual facility and tax paperwork with the bank before converting currency.