Eligibility and Documentation
Liberalized Remittance Scheme (LRS)
Normal Remittance Scheme
USD 250,000 or equivalent per individual per financial year
No defined limit
Capital Account transactions covered under LRS are as follow:
RBI has also brought the following purposes mentioned in the Schedule III under the umbrella of LRS.
All other purposes besides the purposes mentioned under LRS
For the purposes Emigration, Expenses in connection with medical treatment abroad and Studies abroad, the individual may avail of exchange facility for an amount in excess of the limit prescribed under the Liberalized Remittance Scheme as provided in regulation 4 to FEMA Notification 1/2000-RB, dated the 3rd May, 2000 if it is so required by a medical institute offering treatment or the university or country of emigration, respectively.
After downloading the forms, please follow these steps:
- Download an application form to know which forms you need to fill.
- After downloading the forms, print and complete the application form.
- Submit the documents at any of our branches.
Please allow a week's time for us to revert on your application. Thank you for choosing HDFC Bank for your banking needs.