Repatriation
NRI Foreign Transfer Limit
Check the RBI annual limit for outward remittances from India based on the type of funds.
Nature of Remittance
RBI annual limit for: Sale Proceeds of Immovable Property
Key Points
USD 1,000,000 (~₹8.3 Cr) per financial year per NRI from NRO account
Limit is per NRI — not per bank account or per property transaction
Forms 145 + 146 required (Form 146 = CA certificate confirming tax compliance)
All capital gains tax (TDS) must be paid / cleared before remittance
Bank's authorised dealer will verify tax clearance before processing SWIFT
RBI prior approval required if total remittance exceeds USD 1M in FY
Bank submits Form A2 along with your 15CA + 15CB to the RBI
Next Steps
Ensure all applicable TDS is deducted / paid (Form 26AS should reflect it)
CA to prepare Form 146 (certificate of tax compliance) for the specific transfer
File Form 145 on the IT e-filing portal (remitter self-declaration)
Submit Form 145 + 146 + bank's A2 form to your NRO bank
Wire transfer processed in 3–7 working days after compliance check
Want a personalised review?
Anil Grandhi CA · ex-PwC · Free 15-min call
Limits per RBI Master Circular on NRI remittances. Subject to change. Inherited assets may need additional RBI approvals.
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