Reviewed by Finin2min Editorial Desk · Last reviewed 11 August 2026
Track remittances against the USD 1 million financial-year facility and flag taxes, documents and residential-property sale conditions.
Track remittance facility
Authorised-dealer banks apply source, acquisition, tax and documentary conditions.
Remaining annual facility
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Basic result
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How This Is Calculated
Repatriation of funds from an NRO account (including property sale proceeds) is generally capped at a specified annual limit (currently USD 1 million equivalent per financial year), requires proper tax documentation (like a CA certificate confirming taxes are paid), and property-sale repatriation specifically is typically restricted to proceeds from a maximum of two residential properties.
Frequently Asked Questions
What is the annual repatriation limit from an NRO account?
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Currently up to USD 1 million equivalent per financial year (including sale proceeds of assets), subject to submitting proper documentation confirming applicable Indian taxes have been paid — check the current RBI-notified limit, as this figure is periodically reviewed.
Is there a cap on how many properties' sale proceeds can be repatriated?
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Yes — repatriation of sale proceeds from residential property is generally restricted to a maximum of two properties, an additional constraint on top of the overall annual USD limit.
What documentation is needed to repatriate NRO funds?
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Typically a CA certificate (Form 15CB) confirming the applicable tax has been paid or provided for, along with a self-declaration (Form 15CA) — these confirm the remittance isn't bypassing Indian tax obligations before the bank processes the outward transfer.
Scope: Tracks repatriation of funds from an NRO account (and specifically from property-sale proceeds credited to NRO) against the currently applicable USD 1 million per financial year limit and the Form 15CA/15CB certification requirement.
Calculation logic
Sum cumulative NRO repatriation for the financial year (funds transferred from NRO to a foreign account or NRE account) against the USD 1 million aggregate annual limit per NRI, per current RBI/FEMA rules.
For property-sale proceeds specifically, apply the additional condition that repatriation is permitted only for a maximum of two residential properties over the NRI's lifetime (a distinct, separate condition from the annual USD 1 million limit, applicable specifically to residential property sale proceeds), which the tracker flags where the user indicates a residential-property-sale source.
Flag the Form 15CA/15CB requirement: a CA certificate (Form 15CB) confirming applicable tax has been paid/deducted, and the remitter's own declaration (Form 15CA), are required before the authorised dealer bank processes the repatriation above the specified threshold.
Inputs and assumptions
USD 1 million limit and the two-residential-property lifetime condition follow the current RBI/FEMA rules governing NRO repatriation — the limit is a scheme-wide annual aggregate across all repatriations from that individual's NRO holdings, which the tracker applies cumulatively.
Repatriation of the property-sale proceeds requires the sale itself to have been properly taxed (with correct TDS deducted at the time of sale, per the NRI Property Sale TDS Estimator) before the CA can certify Form 15CB for the repatriation.
Exclusions and edge cases
Does not itself file Form 15CA/15CB — these must be filed on the Income Tax e-filing portal and certified by a practising CA respectively, before the bank processes the transfer.
Funds in an NRE account (as distinct from NRO) are already freely repatriable without this USD 1 million limit or 15CA/15CB requirement — this tracker is scoped specifically to NRO-sourced repatriation, which carries these distinct restrictions.