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Forex Liberalised Remittance Scheme (LRS): A Practical Guide Understand how much money resident individuals can remit abroad each year under RBI's LRS, what it can be used for, and what banks check before releasing funds.

FAQs
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FAQ Can a family remit a combined amount larger than one individual's limit? Each resident individual, including minors (through a guardian), has their own separate LRS limit, so family members can each remit up to their individual ceiling. FAQ Does the LRS limit reset every financial year? Yes. The LRS ceiling is an annual limit tied to the financial year (April–March) and resets at the start of each new financial year.

Calculators
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Calculator LRS Remaining Limit Calculator Check how much of your RBI Liberalised Remittance Scheme annual limit is left before you send money abroad.