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What is the currency of India?

The rupee is the currency of India. It’s denoted by the symbol “₹” and the code INR. You can break down one rupee into 100 paise, a monetary subunit of the rupee (just like 100 pennies make up one US dollar). The Reserve Bank of India (RBI) issues and regulates rupees. Rupees come in various banknotes.

How much cash can a NRI bring to India?

Coming to local currency, Any Indian resident, including NRIs can only bring 25,000 cash from Overseas. The Nepal and Bhutan are exclusion there. They have separate rules which you can read on Indian Customs website.

How much cash can I carry abroad from India?

However, amounts more than USD 5,000 or equivalent and foreign exchanges in the form or bank notes or traveler's cheques exceeding USD 10,000 or its equivalent must be declared to the customs while going abroad from India. On the other hand, Indian residents can carry up to INR 25,000 in cash while going abroad.

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