
Transferring money from India to an overseas account is common for Non-Resident Indians (NRIs). They may do this to invest abroad, cover personal expenses, support family, or transfer proceeds from property or investments. Understanding the process is important to avoid delays and legal issues. In 2025, the money repatriation process has become much smoother because of digital submissions, online tracking, and faster bank processing. By understanding the regulatory framework, preparing the correct documentation, and following the required procedures, NRIs can transfer funds abroad with confidence, clarity, and speed.
By understanding the regulatory framework, preparing the correct documentation, and following the required procedures, NRIs can transfer funds abroad with confidence, clarity, and speed.
This step-by-step guide provides a complete, easy-to-follow overview of the money repatriation process, covering eligibility, documentation, tax compliance, and practical tips for a seamless transfer.
Worried about delays or compliance issues? Speak with our NRI tax expert today.
Step-by-Step Money Repatriation Process for NRIs from India
NRIs can transfer funds abroad efficiently by following a clear, compliant process outlined by the RBI and Income Tax Department.
Step 1: Confirm Eligibility
Money repatriation is permitted only if the funds are legally earned and properly taxed in India. Common eligible sources include:
- Income from investments
- Rental earnings
- Dividends
- Sale of property or other assets
Note: Under RBI rules, NRIs are allowed to remit up to USD 1 million per financial year from their NRO account.
Step 2: Collect Required Documents
Before initiating the transfer, ensure that the following documents are ready:
- PAN card
- Passport, visa, and OCI/PIO card (if applicable)
- Recent NRO account bank statements
- Proof of source of funds such as sale deed, rental agreement, or investment statements
- Income Tax Return (ITR) acknowledgments, where relevant
Step 3: Complete Tax Compliance (Form 15CA and 15CB)
Next, complete the tax compliance process, which is a crucial stage:
- Form 15CA is an online self-declaration filed on the government portal, stating the nature and tax status of the funds.
- Form 15CB is a certification issued by a Chartered Accountant confirming that applicable taxes have been paid and that the remittance complies with Indian regulations.
Many NRIs prefer to engage a Chartered Accountant to prepare these forms correctly and avoid delays.
Talk to our dedicated NRI CA to ensure your Form 15CA/15CB is completed accurately and avoid delays.
Step 4: Submit Documents to Your Bank
Once the forms are ready, submit them along with all supporting documents to the bank that holds your NRO account.
Note: Banks may sometimes request additional papers, especially in the case of property sales or inheritances.
Step 5: Bank Verification and Processing
The bank verifies the legality of funds, tax compliance, and adherence to RBI limits. Fortunately, many banks now offer digital submission and tracking, which reduces processing time. Typical processing takes 2 to 7 business days, depending on the transaction’s complexity.
Step 6: Execution of Remittance
Once the documents are cleared, the bank transfers the funds to the overseas account of the NRI. The transfer is carried out through SWIFT, and confirmation is provided once the transaction is completed.

Key Points for Smooth Repatriation
- Ensure all applicable taxes are paid before initiating money repatriation. Proof of payment must be provided.
- Large transactions, such as property sale proceeds or inheritance, may require additional RBI approval.
- Also, keep both digital and physical copies of all documents for future reference or audits.
Regulatory Authorities
- Reserve Bank of India (RBI): Governs repatriation limits and procedures.
- Income Tax Department: Ensures taxes are paid and provides compliance guidelines through Form 15CA/15CB.
- Banks: Act as authorized dealers and execute the final transfer once all documentation is verified.
Special Considerations for Property Sale for NRIs
Repatriating proceeds from property sales involves additional steps due to capital gains tax and compliance requirements.
Key Points:
- Capital Gains Tax: Profits from property sales are subject to short-term or long-term capital gains tax.
- Forms 15CA and 15CB: Remittances exceeding INR 5 lakhs per financial year require filing Form 15CA and obtaining Form 15CB from a Chartered Accountant.
- Tax Exemptions:
- Section 54: Reinvesting gains from a residential property sale in government-approved bonds or another residential property can provide tax exemption.
- Section 54F: Applies to gains from other long-term assets, provided the proceeds are reinvested in constructing or purchasing a residential house in India.
- Section 54: Reinvesting gains from a residential property sale in government-approved bonds or another residential property can provide tax exemption.
Practical Tips:
- Maintain all sale deeds, receipts, and proof of taxes paid.
- Consult a tax expert to optimize exemptions and ensure proper filing.
- Plan reinvestments carefully to maximize tax benefits and stay within RBI limits.
Read more: The Ultimate NRI Guide to Selling Property in India – How to Sell Your Property Smoothly
Consult our NRI tax expert to optimize exemptions and ensure smooth repatriation of property sale proceeds.
Risks and Mitigation Strategies
Even with proper planning, NRIs should be aware of potential risks:
- Taxation Risk: TDS must be paid, and incorrect filings can delay transfers.
- Regulatory Risk: Each country has its own rules; RBI limits must be adhered to.
- Currency Risk: Exchange rate fluctuations may reduce the value of remitted funds.
- Geo-Political Risk: International tensions may result in stricter scrutiny of transfers.
Mitigation Strategies:
- Use currency hedging instruments like forward contracts, futures, or options to reduce currency risk.
- Diversify investments across asset classes to make future repatriation smoother.
- Consult a tax expert for accurate filing and compliance.
Final Thoughts
In 2025, repatriating money from India any country has become faster, more transparent, and hassle-free for NRIs. With clearly defined RBI guidelines, mandatory tax compliance through Forms 15CA and 15CB, and improved digital banking processes, transferring funds abroad can now be done with confidence and ease.
The key to smooth money repatriation lies in planning ahead and staying organized. Maintaining accurate documentation, understanding regulatory requirements, and following the step-by-step procedure outlined in this guide can help avoid delays, penalties, or compliance issues.
Pro Tip: Always consult an NRI tax expert for guidance on complex transactions, property sale proceeds, or large fund transfers to maximize compliance and minimize risk.
Download our app now and talk to an NRI expert for hassle-free fund repatriation from India!
FAQs
What is repatriation?
Repatriation is the process of transferring money from India to an overseas account in compliance with RBI and Income Tax regulations. It ensures that funds are moved legally and transparently.
How can I send money from India to the USA or other countries?
You can send money from India to the USA or any other country through your NRO or NRE account by following RBI-compliant procedures, submitting Forms 15CA and 15CB, and ensuring that all taxes are paid.
How to move money from India to the USA or abroad legally?
Follow the money repatriation steps: confirm eligibility, collect documentation, complete tax compliance, and submit to your bank. Consulting an NRI tax expert ensures full compliance and avoids delays.
How to transfer money from India without tax?
While all money repatriation must comply with tax laws, you can minimize tax liability by using exemptions such as Section 54 or 54F for property sales and ensuring proper TDS payment.
Can NRIs transfer money from India to any country?
Yes, NRIs can repatriate money from India to most countries worldwide, provided transfers are within RBI limits and all documentation is submitted.
How long does it take to send money from India internationally?
Bank processing times for money repatriation typically range from a few business days to a week, depending on transaction complexity and required documentation.
What documents are required to repatriate money from India?
Essential documents include PAN card, passport or visa, NRO account statements, proof of source of funds (rental agreements, sale deeds, investment statements), and ITR acknowledgment if applicable.
Are there tax implications for sending money from India to other countries?
Yes. Funds sent from India to international accounts may have reporting and tax obligations depending on the destination country. Consulting an NRI tax expert ensures compliance.
How much money can NRIs send from India to other countries each year?
Under RBI regulations, NRIs can repatriate up to the allowed limit per financial year from their NRO account, subject to tax compliance and proper documentation.
What is the fastest way to transfer money from India abroad?
Using digital banking along with online submission of Forms 15CA and 15CB, combined with a SWIFT-enabled bank, is the quickest method for sending money from India internationally.
Are there any restrictions on repatriation to certain countries?
Yes. RBI and Indian banking regulations govern permissible destinations. NRIs should check with their bank and consult a tax expert before transferring funds to countries with special compliance requirements.
How to plan money repatriation efficiently?
Plan ahead by maintaining accurate documentation, consulting an NRI tax expert, and using digital banking options for smooth, timely, and compliant money repatriation from India.