I hold an NRI account with HDFC and want to transfer funds, what are the fund transfer limits for NRI accounts in the HDFC app?
I recently looked into HDFC NRI account fund transfer rules and found that a detailed table makes it much easier to understand the limits and conditions.
Fund Transfer Limits and Rules for HDFC NRI Accounts
| Transfer Type | Allowed From | Allowed To | Daily/Yearly Limit | Notes / Conditions |
|---|---|---|---|---|
| NRO to NRE Repatriation | NRO Account | NRE Account | Up to USD 1 million per financial year | Requires Form 15CA & 15CB; RBI/FEMA rules apply |
| NRO to Domestic Account (INR) | NRO Account | Indian Bank Account | Subject to NEFT/RTGS limits, usually ₹50 lakh/day | Only for local INR transfers; IMPS not allowed |
| NRE to Domestic Account | NRE Account | Indian Bank Account | As per NEFT/RTGS limits | Only non-repatriable funds allowed |
| IMPS Transfers | NRI Accounts | Domestic Accounts | Not permitted | HDFC blocks IMPS for NRI accounts |
| NEFT Transfers | NRI Accounts | Domestic Accounts | ₹50 lakh/day (or as per bank policy) | Can schedule transfers via online banking |
| RTGS Transfers | NRI Accounts | Domestic Accounts | ₹2 lakh minimum per transaction; no upper limit beyond bank policy | Requires bank approval for large transfers |