Finance, Forex and Investments

How much indian currency is allowed while going out of india???plz ans?

Public Comments

1. Indian currency is not at all allow to take out side of India .......... yes u can exchange in foreign currency as you like but you have to declare in costume
2. I don''t think they ever check. They don't even stop me from leaving since I show my passport at the ticket counter. If there is a figure, it is probably way more that a normal person would carry. If it is a large amount, it would be safer to wire the money to your US bank account.
3. Trading Indian currency outside India is not legal. However, possessing them is not an issue. You can take as much as you want out of India. But, there is a cash restriction to some countries like Bhutan, Nepal,Pakistan etc.
4. A person going out of India can take out with him Indian currency notes within the limits given below: a) Upto Rs.5000 to any country other than Nepal or Bhutan, and b) Any amount in denomination not exceeding Rs.100 to Nepal or Bhutan. Please check the following link: http://www.rbi.org.in/scripts/FAQView.aspx?Id=11