Individuals can carry Rs 500, Rs 1000 notes to Nepal & Bhutan: RBI

The Reserve Bank of India (RBI) today announced that an individual travelling to neighbouring countries like Nepal and Bhutan can carry Indian currency notes in denominations of Rs 500 and Rs  1,000.

100INR

“An individual can now carry to Nepal and Bhutan Indian currency notes in denominations of Rs 500 and Rs 1,000, subject to a limit of Rs 25,000,” RBI said in a statement.

Earlier, individuals were allowed to carry Indian currency without any limit in denomination of only up to Rs 100.

This has been relaxed to mitigate the hardship faced by individuals travelling to Nepal and Bhutan from India, it  added.

The RBI has suitably amended the  Foreign Exchange Management (Export and Import of Currency) Regulations, 2000 to incorporate the relaxation.

Source: dayandnightnews

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About Samrat Group Nepal

It is my immense pleasure to introduce our self as a tour, trekking & expedition operator in Nepal, Tibet, Kailash, Bhutan, & India. We are very proud that we have excellent reputation in the market for quality services in very competitive prices. The company has won numerous awards from various organizations for its contributions and achievements. We are members of the following travel associations: IATA (International Air Transport Association) NATTA (Nepal Association of Tours & Travel Agents), UFTAA (Universal Federation of Travel Agent's Association) TAAN (Trekking Agents Associations of Nepal) and NMA (Nepal Mountaineering Association), ASTA (American Society of Travel Agents), SKAL (Skal international Association of Travel and Tourism Prefessionals), PATA (Pacific Asia Travel Association).

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