How much can you send out this year?

RBI allows NRIs to send up to USD 1 million per financial year from an NRO account to their overseas account — but the paperwork is specific and banks often reject remittance requests due to missing documents. This planner checks your eligibility for the transfer, walks you through the RBI rules, and generates a complete checklist of what you need before you visit the bank — including Form 15CA, Form 15CB, and the CA certificate requirement.

• ·USD 1M limit applies per financial year (1 Apr to 31 Mar), per individual, across all authorised dealer banks.
• ·NRE account balances are fully repatriable and do NOT count toward the USD 1M cap.
• ·Form 15CA Part D suffices when remittance is ≤ ₹5 lakh in the FY. Above that, Form 15CB (CA certificate) + Form 15CA Part C are mandatory.
• ·Source funds must be tax-paid and legitimate (rent, dividends, sale proceeds, inheritance, retirement benefits). Loans, gifts above limits and unaccounted funds are restricted.
• ·Sale of immovable property: up to 2 residential properties' sale proceeds may be repatriated, subject to the USD 1M cap and Section 195 TDS being settled.
• ·Lower Deduction Certificate (Form 13) is strongly recommended before the buyer deducts TDS at headline rates on property sales.

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