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What is the maximum limit of cash-based transfers under the Indo-Nepal Remittance Facility per transaction?
A)
Rs 25,000
B)
Rs 50,000
C)
Rs 1,00,000
D)
Rs 1,50,000

Correct Answer : Option (B) - Rs 50,000


Under the Indo-Nepal Remittance Facility Scheme, for cash-based remittances within India and to Nepal, the NEFT cash transfer limit is ₹50,000 per transaction, will still be present with a maximum number of transfers in a year allowed at 12.

Published On : August 29, 2021
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