You can travel in these countries with the Indian rupee, but there are limits (2024)

FAQs

How much money can you travel with internationally from India? ›

Residents of India can travel abroad with up to Rs. 25,000¹. There's no limit to how much of a foreign currency you can take out of India.

If you plan to export cash out of India, anticipate following the same guidelines that apply to currency imports. Indian nationals can travel overseas with a maximum budget of Rs. 25,000, while non-Indian residents, legally forbidden from exporting Indian rupees.

Make sure when you are in India, you spend all the money you have as taking Indian rupees out of the country is strictly prohibited for non-Indian residents. Residents of India can travel abroad with up to Rs. 25,000.

While there are no restrictions on the amount of currency you can bring, any sum exceeding US $5,000 must be declared to customs authorities using a Currency Declaration Form. By understanding and complying with these regulations, travelers can ensure a smooth entry into India without legal complications.

Members of a family dwelling in the same home who enter the United States on a joint or family declaration must report on their Customs Declaration Form if they carry money or monetary instruments totalling more than $10,000. Individual members carrying more than $10,000 must then complete a Members FinCEN Form 105.

The key figure to remember is USD 10,000. According to the U.S. Customs and Border Protection (CBP), any individual entering the United States is required to declare if they are carrying currency or monetary instruments (like travelers' checks, money orders, etc.) valued at more than USD 10,000.

A small family can survive for one month with that much money to just meet the basic needs only. You can say that such family is one of the poorest. Rs. 10,000 in India is not a big amount considering inflation at 7%.

Although no rules limit the amount of money you can bring on a flight, there are rules about disclosing currency on an international flight. If you are traveling on an international flight and have $10,000 or more in your possession, you must disclose the amount of U.S. Currency in your possession on a FinCEN 105 form.

As per the Reserve Bank of India (RBI), Indian residents are allowed to carry cash up to Rs. 25,000 (approx. $350) while travelling within the country. These guidelines establish legal limits on how much cash can be carried on domestic flights for both residents and non-residents while entering or leaving the country.

How can you bring money to the USA from India? You can not transfer large sums of money as cash to foreign places. The limit set by RBI is 25,000 Rupees. But you can do one thing and that is to open a new account in the US on your passport and add money to it from your Indian account after paying the taxes.

Why is it illegal to take Indian currency out of India? ›

On 19 June, the Reserve Bank of India (RBI) allowed all residents and non-residents, except individuals from Pakistan and Bangladesh, to carry Indian currency notes up to Rs. 25,000 while leaving the country. The main reason behind this is to stop cross-border illicit trade.

A person can possess foreign currency in coins without any limit, but an Indian resident has certain restrictions on the amount of foreign currency, which is not in the form of coins, to be possessed and retained. Only authorized dealers can deal with foreign currencies under the FEMA.

Any person resident outside India, not being a citizen of Pakistan and Bangladesh and also not a traveller coming from and going to Pakistan and Bangladesh, 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 while ...

It is suggested you bring the currency of your home country and then exchange it for the Indian rupee. This is because, unless your local currency is the US dollar, changing your local currency into the US dollar first and then into the Indian currency may cost you twice in banking charges.

You can not carry Indian currency in / out of the country more than Rs 25K. You can carry in as much Foreign Currency you like but you should declare if you are carrying inmore than USD 5K worth FX. You can carry out currency as much you have bought from a currency dealer. They have limits depending upon your need.

The short answer is “there is no limit to how much cash you can bring to the airport for a domestic or intentional flight. However, you must declare on the FinCEN105 form that you are bringing more than $10,000 on an international flight (which includes all money being carried by anyone in your family or group).

The Reserve Bank of India (RBI) allows Indian citizens to make international remittances of up to USD250,000 per financial year through the Liberalised Remittance Scheme. You can send money overseas via a: bank. post office.

What is an exact limit of currency you can carry from India to Dubai? As per the Indian customs rules, you cannot export Indian currency. But, there is a limit of Rs 25,000 that you can carry along with you.

Items will be dealt with according to the current regulations. Passengers carrying foreign currencies in cash worth more than US$5,000 and intending to take the currencies out of China in the future shall fill out two declaration forms.