Recently RBI has
permitted that balance from NRO account can be transferred in NRE account
within an annual ceiling of $1 mn
For this customer has to provide only 3 documents as detailed below
1. Form 15CB: this document is require to be submitted through CA of customer ( normally it takes only 3-4 hrs to CA for preparation)
2. Form 15CA: a form which require to be filled online at NSDL India website (https://onlineservices.tin.nsdl.com/TIN/JSP/tds/Form15CAHome.jsp ) , your CA will help you for filling this form
3. An application for fund repatriation
After submitting these forms, the bank will transfer funds of NRO account to NRE account
For this customer has to provide only 3 documents as detailed below
1. Form 15CB: this document is require to be submitted through CA of customer ( normally it takes only 3-4 hrs to CA for preparation)
2. Form 15CA: a form which require to be filled online at NSDL India website (https://onlineservices.tin.nsdl.com/TIN/JSP/tds/Form15CAHome.jsp ) , your CA will help you for filling this form
3. An application for fund repatriation
After submitting these forms, the bank will transfer funds of NRO account to NRE account
For other details / queries , drop a mail at prashant.singh@sbi.co.in
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