How much foreign exchange can I hold?
As per RBI regulations, in case of Resident Indians, unspent foreign exchange should be encashed within 180 days of return. An amount of up to USD 2,000 can be retained for future use.
In case of Foreigners and Non Resident Indians – visitors to India from abroad can bring foreign exchange without any limit. However, when bringing an aggregate value of the foreign exchange exceeding USD 10,000 or its equivalent and/or foreign currency notes exceeding USD 5,000 or its equivalent, it should be declared to the Customs Authorities at the Airport in the Currency Declaration Form (CDF), on arrival in India.