Home Money Banking Repatriation NRO to overseas
🏦 Path 01 · NRO basic repatriation

How to move money from NRO → overseas

Updated May 2026

This is the most common repatriation case — you have rupees in your NRO account (rent, dividends, pension, interest) and want to wire them back to your foreign bank. Two forms, one CA, ~10 days end to end. Total cost typically ₹4-8K (CA + bank fees combined).

The 4-step process

1

Check the $1M cap

You can repatriate up to USD 1 million per financial year from NRO accounts (Apr-Mar). This is your TOTAL across all NRO accounts at all banks combined, not per account.

2

Hire a CA → get Form 15CB

Form 15CB is a Chartered Accountant's certificate confirming taxes are paid on the funds you want to remit. Required for any single remittance above ₹5 lakh in a financial year. Typical CA fee: ₹3,000-5,000. Takes 1-3 working days once you share documents.

3

File Form 15CA online

You (or your CA) file Form 15CA on the Income Tax Portal — it's your self-declaration of the remittance details. 15CA Part C applies when 15CB is required. The acknowledgment is generated immediately and submitted to the bank.

4

Submit to bank → wire goes out

Walk into your NRO bank branch (or upload via online banking — only IDFC First and some HDFC branches support fully online repatriation today). Submit signed Form A2 + 15CA acknowledgment + 15CB. Bank typically wires within 3-7 working days. Bank fees: ₹1,000-3,000 + SWIFT charges.

What triggers extra scrutiny

Practical: don't repatriate in tiny chunks
Each wire = one CA fee + one bank fee. Consolidate to 2-4 wires per year instead of monthly. Most NRIs over-engineer this and pay ₹40K+ in CA fees annually when one annual wire would cost ₹5K.
Below ₹5L per transaction? You can skip 15CB
For single transfers ≤ ₹5,00,000 in a financial year, only Form 15CA Part A or B is needed — no CA, no 15CB. This is the simplified route for small remittances (per Rule 37BB). Bank still wants 15CA acknowledgment.

Where it goes wrong (common stuck cases)

What it actually costs

Or pick a different path

Path 02
🏠 Property sale
LTCG · TDS · Section 54
Path 03
📈 US stocks / RSU
DTAA · Form 67 · no NRO
Path 04
🎁 Inheritance + gifts
Probate · 15CA · taxable income