Article

Liberalised Remittance Scheme (LRS): FAQs

Reserve Bank of India · rbi.org.in Free Intermediate India

The RBI's own FAQs on the Liberalised Remittance Scheme, under which a resident individual can send up to USD 2,50,000 a year abroad for permitted purposes, investing in foreign shares included.

  • The LRS limit is USD 2,50,000 per person per financial year.
  • Overseas investment in shares is a permitted purpose.
  • Remittances go through an authorised dealer bank.
Open on rbi.org.in ↗

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