FEMA · USD 1 Million Scheme · RBI Guidelines

NRI Repatriation Limit Checker

Find out how much you can transfer abroad this financial year — NRE & FCNR are free, NRO / property / inheritance run under the USD 1 million limit.

Category
Income Tax & TDS
Takes about
1 min
Updated
Sep 2026
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Full breakdown below ↓
🏦 Source of funds
Where is the money coming from?
💸 Amounts (this financial year)
Amount to repatriate now What you want to send abroad this FY
Already repatriated this FY From NRO / property / inheritance (USD-1M sources)
USD–INR rate Used to convert the USD 1M cap to ₹
$
The USD 1 million per financial year (April–March) ceiling applies across all your NRO / property-sale / inheritance remittances combined, and requires Form 15CA/CB with taxes paid. NRE & FCNR balances are outside this limit.

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USD 1,000,000 per financial year
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Disclaimer: Indicative guidance under FEMA and RBI's USD 1 million scheme for NRIs/PIOs. Actual eligibility depends on documentation, tax clearance and your AD bank. Not legal or tax advice.

The USD 1 million scheme — at a glance

An NRI or PIO can remit up to USD 1 million per financial year out of balances in an NRO account, the proceeds from sale of immovable property in India, and assets received by way of inheritance. Money already held in an NRE or FCNR account is fully and freely repatriable with no such ceiling.

$1M
Per financial year cap on NRO / property / inheritance remittances
NRE + FCNR
Freely repatriable — principal and interest, no limit
15CA/CB
Form 15CA + CA-certified 15CB required for the remittance
Apr–Mar
Limit resets each Indian financial year (April to March)

What is free vs what is capped

The source of the funds decides the rules. NRE and FCNR balances arise from foreign earnings already brought into India, so they leave freely. NRO balances and Indian-asset proceeds are rupee funds and fall under the annual USD 1 million ceiling.

Freely repatriable — no limit
NRE account balanceFull
NRE interestFull
FCNR deposit principalFull
FCNR interestFull
Under USD 1M / FY limit
NRO account balance$1M / FY
Sale of immovable property$1M / FY
Inheritance / legacy / gift$1M / FY
Sale of financial assets$1M / FY
Current-income items — rent, dividends, pension, interest — are repatriable outside this cap as they are treated as current-account remittances, subject to tax and 15CA/CB.

How to repatriate — step by step

For any USD-1M-scheme remittance, the money moves through your Authorised Dealer (AD) bank after tax is settled and a chartered accountant certifies the transfer.

STEP 01

Pay the tax

Settle capital-gains / applicable tax on the underlying transaction and keep the challans and PAN ready.

STEP 02

Form 15CB

A CA certifies the nature of the remittance and that taxes are paid, in Form 15CB.

STEP 03

Form 15CA

You file Form 15CA online on the income-tax portal, referencing the 15CB certificate.

STEP 04

AD bank transfer

Submit 15CA/CB + A2 form to your AD bank, which processes the outward remittance abroad.

Key terms explained

NRE vs NRO account

An NRE account holds foreign income converted to rupees and is freely repatriable and tax-free. An NRO account holds India-sourced income (rent, dividends, sale proceeds); its balance is repatriable only within the USD 1 million per year limit.

FCNR deposit

A Foreign Currency Non-Resident term deposit held in foreign currency. Both principal and interest are freely repatriable with no ceiling and interest is exempt from Indian tax.

Form 15CA / 15CB

15CB is a chartered accountant's certificate on the taxability of a foreign remittance; 15CA is the online declaration filed by the remitter. Together they let the AD bank release funds abroad.

AD bank

An Authorised Dealer bank licensed by RBI to handle forex. All repatriations flow through your AD bank, which verifies documents and reports the transaction to RBI.

Questions people ask

Short answers on NRI Repatriation Limit Checker. Tap a question to open it.

01How much can an NRI repatriate from an NRO account?

Up to USD 1 million per financial year, out of balances in the NRO account including the sale proceeds of assets, subject to payment of applicable taxes and submission of Form 15CA and a chartered accountant's certificate in Form 15CB.

02Is money in an NRE account repatriable?

Yes, fully and freely — both principal and interest — without any limit and without the 15CA/15CB process, because the funds in an NRE account are by definition from foreign sources.

03Can the sale proceeds of inherited property be repatriated?

Yes, within the same USD 1 million annual limit from the NRO account, on production of the documents establishing the inheritance and evidence that taxes have been paid.

04What are Form 15CA and 15CB?

Form 15CA is the remitter's declaration filed on the income-tax portal before the remittance. Form 15CB is a chartered accountant's certificate on the taxability of the amount and the rate of tax applied, required above the prescribed threshold.

05Are there any limits on repatriating current income?

No. Current income such as rent, dividend, interest and pension is freely repatriable from an NRO account on production of a CA certificate, and does not consume the USD 1 million capital limit.

Disclaimer: This tool gives indicative results for general guidance only and is not professional advice. Please verify with a qualified CA before acting on the numbers.