Indo Nepal Remittance Scheme

INDO NEPAL REMITTANCE SCHEME (INREMIT SCHEME)

Facility of INDO Nepal Remittance Available At all PNB Branches At all BC Locations of PNB Kiosks Through PNB Retail Internet Banking & Mobile Banking
Documents Required Identity proof from the remitter viz. citizenship card issued by Nepalese authorities (for Nepalese citizens) and passport / PAN / Driving Licence / Telephone bill / certificate of identification issued by employer with details & photograph etc to ascertain remitter’s identity / residential address in India. INREMIT Slip duly filled in. Click here to Download ‘ INREMIT Slip’ The remitter has to submit “Registration form” as per Annexure “C” containing Remitter’s details & Beneficiary’s details along with KYC documents as per RBI guidelines. Click here to Download Annexure “C” KYC compliant account with PNB
Other Information Required The address and mobile no. of the remitter as well as the beneficiary in Nepal
Charges

Rs 3/- per thousand or part thereof (Minimum Rs 50/-) plus applicable GST.

However, if the payout mode at Nepal is other than credit to EBL account, i.e. for credit to an account maintained at a bank other than EBL or cash payment on ID basis, an additional charge of Rs 100/- will be levied at Everest Bank, Kathmandu, Nepal.

Details of charges given at the bottom.

Rs 3/- per thousand or part thereof (Minimum Rs 50/-) plus applicable GST.

However, if the payout mode at Nepal is other than credit to EBL account, i.e. for credit to an account maintained at a bank other than EBL or cash payment on ID basis, an additional charge of Rs 100/- will be levied at Everest Bank, Kathmandu, Nepal.

Limit

Less than Rs 50000/- if cash is tendered.

No limit if amount is tendered through account maintained with PNB or through cheque of any other bank in India

Maximum ceiling for Indo Nepal remittance has been fixed at Rs.25000.00 from BC locations per day per person (remitter). However, for higher amount the same may be done directly from the branches as usual. Up to Rs 50000/-
Payment Mode
Remitter’s Details Name, Address, Mobile number, ID (proof) / ID Number: Citizenship certificate, Driving license, Passport, PAN Card, any other document recognized as identity proof as per KYC guidelines issued by RBI in the matter.
Beneficiary’s Details Account Holder of Everest Bank Limited Beneficiary Name, Beneficiary address, Beneficiary account number, EBL branch, Beneficiary Mobile no. (Optional), Beneficiary Email (optional)
Account Holder of any other bank in Nepal Beneficiary Name, Beneficiary address, Beneficiary account number, Beneficiary bank & branch, Beneficiary Mobile no. (Optional), Beneficiary Email (optional)
Cash Payment on ID Basis Beneficiary Name, Beneficiary address, Payment Location (EBL Branch / Agent), Beneficiary ID Details, Beneficiary ID No., Beneficiary Mobile no. (Optional), Beneficiary Email (optional)
Procedure for Remittance through PNB Retail Internet Banking

Login in PNB Retail Internet Banking. Go to the Transactions menu option, under the “Transfer to other Bank Accounts” menu, following modes for making Indo Nepal remittance would be available:

Indo Nepal Remittance using Account ID

  • EBL Account Transfer (if beneficiary had the account in EBL)
  • Non EBL Account Transfer (if beneficiary had Non EBL account)

Indo Nepal Remittance using National Identity

  • Pass port
  • Driving license
  • Citizen ship card.

Select the relevant option and fill all the details and click on submit button.

Procedure for Remittance through Mobile Banking
  • Login in to the mobile banking (app/browser).
  • Go to the Main Menu.
  • Click on Funds transfer Menu option.
  • Click on Indo-Nepal Remittance Menu option.
Following links will be displayed:
  • EBL account ID transfer
  • Non EBL Account ID transfer
  • National Identity payment
  • Status enquiry
After selecting the relevant option, fill all the details
Contact Address in India:

EVEREST BANK LIMITED

Representative Office, 9th Floor, Antriksh Bhawan
K G Marg, New Delhi – 110001
Phone: 0091-11-23710327
Email: eblrepdelhi[at]gmail[dot]com

Mr. Bharat Karki, Dy. Chief Representative M-9871264092

Indo Nepal Remittance at BC locations – Charges

Amount of Remittance Charges
Upto Rs 5000/- Rs 22/- plus GST at applicable rates
Rs 5001/- to Rs 10000/- Rs 43/- plus GST at applicable rates
Rs 10001/- to Rs 15000/- Rs 65/- plus GST at applicable rates
Rs 15001/- to Rs 20000/- Rs 87/- plus GST at applicable rates
Rs 20001/- to Rs 25000/- Rs 109/- plus GST at applicable rates
Above Rs 25000/- Rs 3.50 per thousand with minimum of Rs109/- plus GST at applicable rates
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