Move 2 India - indian currency

Indian Currency

(a) How much Indian currency may be taken out of India ?
Export of Indian Currency is strictly prohibited. However Indian residents, when they go abroad (except to Nepal & Bhutan) are allowed to take with them Indian currency not exceeding Rs. 5000 in any denominations in terms of RBI Regulation 3 (1) (a) and (c) and Regulation 8 of the Reserve Bank Notification FEMA 6/RB-2000 dated 3rd May 2000.
If going to Nepal or Bhutan, a person can carry any amount of Indian currency but not in denomination of Rs.500/- or above.
(b) How much Indian currency may be brought into India ?
Import of Indian Currency is prohibited. However, in the case of passengers normally resident in India who are returning from a visit abroad (Except from Nepal or Bhutan), import of Indian Currency not exceeding Rs. 5000 in any denomination is allowed in terms of RBI Regulation 3 (1) (a) and (c) and Regulation 8 of the Reserve Bank Notification FEMA 6/RB-2000 dated 3rd May 2000.
If coming from Nepal or Bhutan, a person can carry in any amount of Indian currency but not in denomination of Rs.500/- or above.

Please note that Nepalese Govt. has prohibited sale & purchase within Nepal and import into / export from Nepal of Indian currency notes of Rs.500/- and Rs.1000/- denomination.