{"id":451,"date":"2017-11-28T00:44:27","date_gmt":"2017-11-28T00:44:27","guid":{"rendered":"https:\/\/comparism.com\/?p=451"},"modified":"2022-09-17T12:16:37","modified_gmt":"2022-09-17T11:16:37","slug":"cash-indian-currency-rules","status":"publish","type":"post","link":"https:\/\/www.comparism.com\/cash-indian-currency-rules\/","title":{"rendered":"How Much Indian Currency Can NRIs and Resident Indians Carry To and Out of India?"},"content":{"rendered":"
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\"How<\/figure><\/div>\n\n\n

How much cash (Indian Rupees) can you carry to\/from India in 2022? If you have been looking for answers to this question, you have come to the right place!<\/p>\n\n\n\n

With technological advancements, things are much better than they used to be.<\/p>\n\n\n\n

Sending money to your loved ones in India<\/a> is just a few clicks away, and the funds reach your Indian account in a few days (or hours, depending on the service you use!).<\/p>\n\n\n\n

If you plan to travel to India, to get access to Indian currency you can just use one of the recommended ways to get good rates<\/a>.<\/p>\n\n\n\n

India is still majorly a cash economy, and not all shops\/vendors accept cards.<\/p>\n\n\n\n

You can opt to withdraw Indian rupees at the airport but what if you cannot find an ATM in need?<\/p>\n\n\n\n

And if the cash machine is out of use? Or, there’s a big queue at the ATM?<\/p>\n\n\n\n

Imagine queuing up for an hour with your luggage!<\/p>\n\n\n\n

In such situations, it is a good practice to carry some cash when travelling to India<\/a>. Hard cash would help in paying your cab driver, paying for food or anything significant.<\/p>\n\n\n\n

But…<\/p>\n\n\n\n

How much Indian currency can you take into India?<\/strong><\/p>\n\n\n\n

In this article, that’s exactly what I am going to answer based on the research I did for my recent trip to India…<\/p>\n\n\n\n

…the rules and regulations around taking Rupees into India 2021.<\/p>\n\n\n\n

I was looking for a simple answer to the question: As an NRI, how much cash in Indian rupees can I carry to India from the UK?<\/p>\n\n\n\n

And while I was at it, I also wanted to find out the exact requirements for taking Rupees out of India – how much currency in Indian Rupees can I take carry out of India!<\/strong><\/p>\n\n\n\n

Every country has different rules about how much currency can you bring in or take out when you travel abroad<\/strong>.<\/p>\n\n\n\n

The Indian Rupee is a closed currency<\/strong><\/em> and the rules around how much currency you can carry to and out of India is a bit confusing.<\/p>\n\n\n\n

…not after you read this guide! \ud83d\ude00<\/p>\n\n\n\n

Although I have written this guide based on rules when travelling from the UK to India, the same rules apply when travelling to and from US, Canada, Australia and other countries (except Nepal, Bhutan, Pakistan).<\/p>\n\n\n\n

Don’t miss:<\/strong> Top 5 Secrets behind booking the cheapest flights to India<\/a><\/p>\n\n\n\n

Now:<\/p>\n\n\n\n

Import\/export of Indian currency comes under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999.<\/p>\n\n\n\n

The rules set by the Reserve Bank of India are based on your residency status – whether you are a resident Indian or an NRI.<\/p>\n\n\n\n

I don’t prefer carrying wads of cash with me – I carry around \u20b95-10k in cash (which is enough for immediate needs when you land in India – buy food\/drinks, pay for taxi etc.) and the rest, I wire transfer to my Indian account online<\/a>.<\/p>\n\n\n\n

Don’t miss:<\/strong> Best UK to India money transfer deals<\/a>!<\/p>\n\n\n\n

I wouldn\u2019t imagine you carrying a massive amount with you in cash to India either.<\/p>\n\n\n\n

The reason is: the export of Indian currency in the first place is limited to 25,000 INR (without the need of declaration).<\/p>\n\n\n\n

So, unless you have accumulated INR on your trips to India, you shouldn’t have more than 25k with you anyways.<\/p>\n\n\n\n

This post is to understand the exact rules around how much Indian currency you can carry to India from UK (and anywhere) without having to declare.<\/p>\n\n\n\n

Also, we will look into the rules around how many Rupees you can take out of India.<\/p>\n\n\n\n

Let’s jump right in.<\/p>\n\n\n