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Individuals may carry Rs 500 & Rs 1,000 denominations to Nepal and Bhutan: RBI
Source: IRIS | 23 Jan, 2015, 01.13PM
Rating: NAN / 5 stars.
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The Reserve Bank of India (RBI) announced that an individual can now carry to Nepal and Bhutan Indian currency notes in denominations of Rs 500 and Rs 1,000, subject to a limit of Rs 25,000.

Earlier, individuals travelling to Nepal and Bhutan were allowed to carry Indian currency without any limit in denomination of only up to Rs 100.

This has been relaxed to mitigate the hardship faced by individuals travelling to Nepal and Bhutan from India, RBI said.
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