RBI lowers cash limit for Indian pilgrims and OCI cardholders Kartarpur gurdwara | Latest India News

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Indians and OCI card holders will be allowed to take out up to ??11,000 in Indian currency or US dollars on a pilgrimage to Gurdwara Darbar Sahib in Kartarpur, Pakistan. This is less than the usual limit of ??25,000.

The Reserve Bank of India (RBI) said on Wednesday that Indian and Overseas Indian Citizen (OIC) card holders would be allowed to carry up to ??11,000 in Indian currency or US dollars on a pilgrimage to Gurdwara Darbar Sahib in Kartarpur, Pakistan. This is less than the usual limit of ??25,000.

In a statement, the RBI said the decision was made in consultation with the government. The RBI stated that it “decided that holders of Indian passports as well as persons of Indian origin carrying the Overseas Indian Citizen Card with their passports traveling to Gurdwara Darbar Sahib, Kartarpur, Narowal, Pakistan via Sri Kartarpur Sahib Corridor, will be allowed to take outside and bring into India upon return, only Indian banknotes and / or foreign currency in USD, the total value of which may not exceed ??11,000 “.

The country’s central bank issued a statement titled “Lower Currency Limit for Pilgrims Visiting Gurudwara Darbar Sahib in Kartarpur”.

According to the regulations of 2015 on the management of foreign exchange (export and import of foreign currency), any Indian resident can have in his possession currency notes of up to ??25,000, except Nepal and Bhutan. The same limit applies for the contribution of change.

The Kartarpur Corridor connects Gurdwara Darbar Sahib in Pakistan, the final resting place of the founder of Sikhism Guru Nanak Dev, to Dera Baba Nanak Shrine in Gurdaspur District, Indian state of Punjab.

The 4 km corridor provides visa-free access for Indian Sikh pilgrims to visit the Darbar Sahib.

The pilgrimage to the Kartarpur Sahib gurdwara was suspended in March last year due to the Covid-19 outbreak. The hallway was reopened last month.

(With contributions from agencies)

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