📝 One-liners · 65 cards
Indo-Nepal Remittance Scheme
What is the directional nature of the Indo-Nepal Remittance Scheme?
It is a one-way remittance facility, meaning money can move only from India to Nepal, not in the reverse direction.
What is the maximum total charge for a remittance up to ₹50,000 where the beneficiary holds an NSBL account?
₹25 (₹5 originating bank plus ₹20 SBI charge)
Which payment infrastructure does the Indo-Nepal Remittance Scheme rely on for fund transfers?
The scheme operates through the banking channel using NEFT (National Electronic Funds Transfer) infrastructure.
What additional charge applies when the beneficiary does NOT hold an NSBL account and the remittance is up to ₹5,000?
Additional ₹50 on top of standard charges
🔒
Unlock 65 revision one-liners
Interactive flashcard deck — flip every card to drill questions and answers, mark the ones you got wrong, and revise smarter for Indo-Nepal Remittance Scheme.
🪙
Unlock cost
300 coins
30-day access · re-unlocks free for 30 days