City
Epaper

RBI lower currency limit for pilgrims visiting Gurudwara Darbar Sahib in Kartarpur

By ANI | Updated: December 16, 2021 04:25 IST

The Reserve Bank of India (RBI) on Wednesday permitted Indians as well as Overseas Citizens of India (OCI) cardholders going on pilgrimage to Gurdwara Darbar Sahib in Kartarpur, Pakistan through the Kartarpur Sahib Corridor to carry up to Rs 11,000.

Open in App

The Reserve Bank of India (RBI) on Wednesday permitted Indians as well as Overseas Citizens of India (OCI) cardholders going on pilgrimage to Gurdwara Darbar Sahib in Kartarpur, Pakistan through the Kartarpur Sahib Corridor to carry up to Rs 11,000.

The RBI in a statement said that the same limit applies for bringing in the currency.

"In terms of Regulation 10 of the Foreign Exchange Management (Export and Import of Currency) Regulations, 2015, as amended from time to time, the Reserve bank, in the public interest and in consultation with the Central Government, has decided that Indian passport holders as well as persons of Indian origin carrying the Overseas citizen of India Card along with their passports travelling to Gurdwara Darbar Sahib, Kartarpur, Narowal, Pakistan through the Sri Kartarpur Sahib Corridor, shall be allowed to carry outside and bring into India at the time of his/her return, only Indian currency notes and/or foreign currency in USD, the total value of which may not exceed Rs 11,000," RBI statement reads.

The Kartarpur Corridor, which links Gurdwara Darbar Sahib in Pakistan, the final resting place of Sikhism founder Guru Nanak Dev, to Dera Baba Nanak shrine in Gurdaspur district, reopened on Wednesday.

In a major decision, Prime Minister Narendra Modi-led government decided to re-open the Kartarpur corridor from November 17. It was closed in wake of the COVID-19 pandemic.

The visa-free 4.7-kilometre long corridor joins the Indian border to Gurdwara Darbar Sahib in Pakistan. It became operational in 2019.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Reserve Bank Of IndiaNarowalDera Baba NanakKartarpurOverseas Citizens Of IndiaThe finance ministry of indiaMonetary policy committee of the rbiCentral board of reserve bank of indiaReserve bank of india governorFinance ministry and reserve bank of india
Open in App

Related Stories

BusinessWhat is Universal Banking? RBI Grants This License to a Bank for the First Time in 11 Years

NationalRBI Repo Rate: What is This ‘Repo Rate’ Everyone’s Talking About? And Why Does Your EMI Go Up Because of It?

LifestyleBank Holidays in August 2025: Banks to Remain Closed For 8 Days This Month; Check Dates

MaharashtraMaharashtra: RBI Imposes Rs 6 Lakh Penalty on Motiram Agrawal Jalna Merchants Cooperative (MAJMC) Bank

NationalRBI Appoints Kesavan Ramachandran as Executive Director

National Realted Stories

NationalManipur: Four militants arrested; arms, IEDs, drugs seized

NationalAshok Gehlot condemns RSS event at Rajasthan University, questions police role

NationalNine Assam contractual workers killed as arch collapses in Chennai's thermal power station

NationalPM Modi Condoles Death of 9 Workers in Arch Collapse at Tamil Nadu Power Plant; Announces Rs 2 Lakh Ex-Gratia

NationalDelhi HC grants injunction in favour of Nagarjuna in personality rights case