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Can NRIs invest on a repatriable basis?




To invest on a repatriable basis, the amount representing the investment should be received by inward remittance through normal banking channels (cheque or rupee-denominated demand draft, if it is from an overseas account) or by cheque drawn on or debited to an NRE/FCNR account of the non-resident investor.

Redemption proceeds/dividends will be credited to the NRE bank account or paid out by cheque in Indian rupees.

The redemption proceeds and/or dividend can be repatriated in full.

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