Is money in the NRO account Repatriable?

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No, the principal amount in the NRO bank account is non-repatriable in nature which means you cannot remit the funds to your country.

An NRI can repatriate up to USD 1 million in a financial year for any bonafide purpose after submitting Form 15 CA and Form 15 CB. Although, the interest earned on such securities are fully repatriable. Apart from this, other incomes from the investment, such as dividends, rent, pensions are repatriable in nature.


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