Repatriation of Funds is sending money overseas from India. Hence, for example, if you are an Non-Resident Indian or Person of Indian Origin or a Overseas Citizen of India (NRI, PIO, or OCI) settled in US or UK, and you have inherited a property in India. You may want to sell the property in India and you may want to transfer the funds from India to your current country of residence (like US or UK). This is the process of repatriation, where you can send any source of funds from India to any country overseas. There are certain compliances, documentation, Tax or RBI Clearance, Certificates, DTAA (Double Tax Avoidance) required to transfer the funds overseas. Any amount can be transferred overseas from India with proper documentation, and all this can be done remotely, without your physical presence in India.

You can repatriate funds from India from almost any source, as long as it is legit funds and Tax paid funds. For example, you can repatriate funds received from inheritance, property sale, gifts received in India, previous savings and investments in India, business sale, investment sales and many others.

Only the documentation needs to be proper, so that you do not have any compliance challenges in India or in your current country of residence.

Supporting documents are required for remitting money from India, which primarily substantiate a clean source of funds as well as the tax cleared status of the funds.

Hence depending on your source of funds, the documentation will change. However in general, you will be required to provide your KYC (Passport, OCI, PAN, Aadhaar, Driving License or others as applicable), just to confirm the right identity.

In case of remitting funds from received through a Property Sale, you may be required to provide the Sale Deed, Payment proofs, Bank Statements and the Purchase Deed and any other relevant supporting document for the source of funds.

RBI does not exactly specify the documents required, hence each Bank has set its own standard operation procedures and hence can vary, from bank to bank.

Further you may need Tax & RBI Clearances, 15CA 15 CB Certificate, Chartered Accountant Certificate and few others.

Any amount can be transferred out of India, as long as there is proper documentation and a proper source of funds.

Just that, depending on the amount, purpose and source of funds, the level and number of compliances and certifications change.

The remittance of funds overseas, from India, requires some documentation, clearances and certifications, depending on the amount, purpose of transfer and the source of funds.

The 15 CA and 15CB is one such certificate issued by a registered and approved Chartered Accountant in India, which certifies the transfer of funds after verification of the source of funds, the purpose of transfer and the tax free nature of the funds.

Yes. Very much. The process that we have, you can ge the funds transferred out of India, without even stepping out of home. All documentation can be done digitally, by eMails, WApps, and Couriers.

Many banks have also started the online process, however the process required some navigation and negotiation.