A permanent resident of India cannot hold a foreign currency policy. However, a person resident in India but not permanently resident may continue to hold any insurance policy issued to him by an insurer outside India, if the premium on such policy is paid out of foreign currency resources outside India.

Yes. They can be held in RFC (Resident Foreign Currency ) Accounts. For details visit www.sbi.co.in and click on types of accounts under NRI services on the home page. See similar questions...

There is no limit on the amount of foreign currency that can be brought into India. But if the amount of foreign currency notes exceeds USD 5000 and the amount of currency notes plus travelers cheques exceed USD 10,000, then the person is expected to declare the amount at the customs entry point and obtain currency declaration form. See similar questions...

Yes. Any resident Indian can hold foreign currency notes up to USD 2000. There is no restriction on holding of foreign coins. See similar questions...

You may use the military exchange rate or a commercial exchange rate at http://oanda.com/convert/classic or submit a newspaper listing reflecting the rate and date. For items already replaced or repaired using foreign currency, use the exchange rate in effect at the time the item was repaired or replaced. For items not yet repaired or replaced, use the exchange rate in effect on the day you are ready to submit your claim. See similar questions...

Foreign exchange will be released by banks in the form of foreign currency notes/coins up to U.S. $500 or its equivalent and the balance in the form of travelers cheques/demand draft/mail transfer/telegraphic transfer. See similar questions...

Of course you can just select the $ option for preferred currency and within India as the shipping options. See similar questions...

Travellers Cheques can be used to credit the account. NRIs bringing Foreign Currency Notes & Travellers Cheques will have to submit a Currency Declaration Form (CDF) to the customs authorities on arrival in India if the foreign currency notes exceed USD 5,000/- or Travellers Cheques and notes exceed USD 10,000/-. You must produce the CDF for endorsement by the bank when you submit the money for credit to an account. See similar questions...

A resident Indian can maintain a Foreign Currency (Domestic) Account and deposit Foreign Exchange acquired from any of the sources approved by Reserve bank of India e.g. . Unspent BTQ, honorarium or gift / payment for services while on a visit outside India or received from a person not resident in India or who is on visit to India in settlement of a lawful obligation etc. Yes, a Non HDFC Bank Customer can take foreign exchange for any branch dealing in foreign exchange. See similar questions...

Yes, EEFC Accounts and RFC Accounts can be kept by resident Indians. In the EEFC account maintained with a bank, residents are allowed to keep 50% of foreign currency remittances received from abroad which can be used for current account transactions and approved capital account transactions as specified by the RBI. In the RFC Accounts, returning Indians (ex-NRIs), can hold and maintain foreign currency. These funds are free from restrictions on use outside India. See similar questions...

Any person resident in India can remit upto US$5,000 in any one year as a gift to a person residing outside India or as donation to a charitable / educational / religious / cultural organisation outside India. Remittances exceeding the limit require prior permission from the Reserve Bank. The same can be sent / remitted based on a simple declaration from the customer in addition to an application form and Form A2. See similar questions...

Unlimited foreign exchange is allowed .In case the total value of cash instruments – currency notes and travellers cheques - exceeds USD 10,000; a Currency Declaration Form has to be presented to the customs officials on arrival at the airport. See similar questions...

present, there are no POS available outside India. You may obtain the MAF from the AMFI / Mutual Fund website. MAF duly completed along with the necessary documents can be mailed to your representative or Distributor who can obtain the MIN for you. See similar questions...

Foreign citizens, who are resident in India purely on account of their employment, profession or business with a valid employment/business visa, are treated as persons not permanently resident in India. Policies denominated in rupees may be issued to foreign nationals not permanently resident in India provided the premiums are paid out of foreign currency funds or from their income earned in India. See similar questions...

The basic rule is that the payment of claims or surrender value in foreign currency will be permitted when all the premiums under the policy have been paid in foreign currency or by remittances from abroad through approved channels. Where the premiums have been paid partly in Indian rupees and partly in foreign currency, the payment in foreign currency is in proportion to the amount of premiums paid by remittance from abroad to the total premiums paid. See similar questions...

It is Rupee, being equal to Rs. 100 paise. The denominations in which it is available are: Rs 1000, 500, 100, 50, 20, 10 & 5. Coins are available in Rs. 5, 2, 1 & Paise 50. See similar questions...

Tourists are not allowed to bring Indian currency into the country or take it out of the country. Unlimited amounts of foreign currency or traveller's cheques are allowed into the country but any amount over US$ 1000 should be declared on arrival and a certificate obtained from the Customs. Most branches of State Bank of India, Bank of Maharashtra, and all major nationalized banks have special foreign exchange counters. See similar questions...

Only those foreign nationals aged 16 or over and from the following countries are required to register with the police whilst residing in the UK. However, depending on circumstances, some people from these countries do not have to register. You can tell by looking at the wording on your visa in your passport - if it says 'Register with the police', you will need to do so. See similar questions...