MODE OF PAYMENT WHILE PURCHASING CURRENCIES FROM PUBLIC AS PRESCRIBED BY RESERVE BANK OF INDIA |
|
FOR RESIDENT INDIANS |
Currencies and TC's |
1 |
Up to 1000 USD or its equivalent |
By cash in 30 days period |
2 |
Above 1000 USD or its equivalent |
By A/c Payee cheque / RTGS |
|
|
Through Western Union Money Transfer / Money Gram |
1 |
Up to Rs.50,000/- |
By cash per transaction |
2 |
Above Rs.50,000/- |
By A/c payee cheque per trasaction |
|
|
|
FOR FOREIGN VISITORS / NON RESIDENT INDIANS |
|
Currencies and TC's |
1 |
Up to 3000 USD or its equivalent |
By cash in 30days period |
2 |
Above 3000 USD or its equivalent |
By A/c Payee cheque / RTGS |
|
|
Through Western Union Money Transfer - For Foreign Visitors Only |
1 |
Up to 2500 USD or its equivalent |
By cash per transaction |
|
|
|
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MODE OF PAYMENT WHILE SELLING TO PUBLIC AS PRESCRIBED BY RESERVE BANK OF INDIA. |
FOR PRIVATE VISITOR / TOURIST |
1 |
Upto a maximum of Rs.50,000/- |
By cash in 30 days period |
2 |
Above Rs.50,000/- |
By DD or A/C Payee Cheque / RTGS |
|