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BUSINESS VISITS
Officials of public and private sector banks, branches of foreign banks in India, state and urban co-operative banks which are authorised dealers and other financial institutions like IDBI, UTI, NABARD, NHB, Exim Bank, ICICI, etc

Purpose

Travel abroad for business purposes.

Limit

Special Scale Upto US $ 500 per day for a period not exceeding 45 days for Chief / Senior Executives
General Scale Upto US $ 350 per day for a period not exceeding 45 days for others

Documentation

Letter (in duplicate) by the sponsoring bank / institution indicating name, address, nationality, passport number of the official, purpose and duration of visit to each country, exchange required and certifying that the expenses are being borne by the organisation.

Application

Click Here to view the Proforma.

 

Special case

1. In case exchange is to be released at special scale, a declaration from the sponsoring bank / organisation that the official is a Chief  / Senior Executive in the organisation (indicating his designation)  and conforming that he is entitled to draw exchange at special  scale.

2.  In the case of visits abroad by Cheif Executive Officers of public sector banks / financial institutions, approval of the Ministry of Finance, Government of India should be obtained and a certified copy thereof should be attached to the application.



 
Officials of firms / companies / organisations in India.
Journalists of Newspapers / Journals Self-employed professionals like Solicitors, Chartered Accountants, etc

Purpose

1. Officials going abroad on sponsored business visits.
2. Journalists deputed abroad on short-term assignments.
3. Professionals visiting abroad in connection with their profession.

Limit

Special Scale for Chief / Senior Executives

Normal Allowance Upto US $ 500 per day for a period not exceeding 45 days
Entertainment Allowance Upto US $ 5000 per trip

General Scale for Others

Normal Allowance Upto US $ 350 per day for a period not exceeding 45 days
Entertainment Allowance Upto US $ 2000 per trip

Documentation

Letter (in duplicate) from sponsoring firm / company / organisation or from the applicant in case of self employed professionals indicating name, address, nationality, passport number of the traveller, duration and nature of visit to each country, exchange required and certifying that the expenses are being borne by them.

Application

Click Here to view the Proforma.
Special case

1. In case exchange is to be released at special scale, a declaration from the sponsoring organisation that the traveller is a Chief / Senior Executive in the organisation (indicating his designation) and conforming that he is entitled to draw exchange at special scale.

2. If the amount of exchange asked for does not exceed US $ 5000 (inclusive of all allowances), it may be released regardless of the duration of the visit and the existing rate of exchange.

Purpose

Travel abroad in connection with their official duties as members of delegations.

Limit

Special Scale Upto US $ 500 per day for a period not exceeding 45 days for Chief / Senior Executives
General Scale Upto US $ 350 per day for a period not exceeding 45 days for others
Entertainment Allowance Upto US $ 5000 to the leader of the delegation

Documentation

Letter (in duplicate) from sponsoring firm / company / organisation indicating name, address, nationality, passport number of the traveller, purpose and duration of visit to each country, exchange required and certifying that the expenses are being borne by the sponsoring firm / company / organisation.

Application

Click Here to view the Proforma.
Special case

1. In case exchange is to be released at special scale, a declaration from the sponsoring organisation that the traveller is a Chief / Senior Executive in the organisation (indicating his designation) and conforming that he is entitled to draw exchange at special scale.

2. If the amount of exchange asked for does not exceed US $ 5000 per member it may be released regardless of the duration of the visit and the existing rate of exchange.

 
 

Indian Nationals

Purpose

For business visits against foreign hospitality.

Limit

Upto US $25,000 per trip per business travel

Documentation

1. Letter (in duplicate) from the applicant indicating name, address, nationality and passport number of the traveller, country of visit, period of stay, name and address of the host, purpose visit, etc.

2. Documentary evidence in support of full hospitality.

Application

Click Here to view the Proforma.

Special case

If the period of stay exceeds ten days, US $ 50 per day will be released upto a maximum of 45 days
 
 
 
 
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