Purpose codes | Valid for India payouts
According to FEMA FERA guidelines, the following purpose codes are permitted for sending payouts to India, along with the types of remitters and beneficiaries.
| TP Purpose Code | TP Purpose Code Description | Remitter Type | Beneficiary Type | Description | RBI Code |
|---|---|---|---|---|---|
| PYR001 | Payment for Services | Individual / Corporates | Individual / Corporates | Export of Services - Business & Management Consultancy up to Rs.15,00,000 (Rupees Fifteen lakhs only) per transaction | P1006 |
| PYR002 | Payment for Software | Individual / Corporates | Individual / Corporates | Export of Services - Software Consultancy up to Rs.15,00,000 (Rupees Fifteen lakhs only) per transaction | P0802 |
| PYR003 | Payments for goods | Individual / Corporates | Individual / Corporates | Export of Goods - Export Bills realization up to Rs.15,00,000 (Rupees Fifteen lakhs only) per transaction | P0102 |
| PYR004 | Travel Services | Individual / Corporates | Individual / Corporates | Export of Services - Business & Management Consultancy up to Rs.15,00,000 (Rupees Fifteen lakhs only) per transaction | P1006 |
| PYR005 | Vendor / Contractor Payouts | Individual / Corporates | Individual / Corporates | Export of Services - Business & Management Consultancy up to Rs.15,00,000 (Rupees Fifteen lakhs only) per transaction | P1006 |
| PYR006 | Transfer to own account | Individual | Individual | Credit to Non-resident (External) Rupee accounts maintained by Non-Resident Indians in Indian Rupees | P0014 |
| PYR007 | Investment in Shares | Individual | Individual / Corporates | Payments in favor of bankers for investments in shares, debentures | P0702 |
| PYR008 | Purchase of Property | Individual / Corporates | Individual / Corporates | Export of Goods - Export Bills realization up to Rs.15,00,000 (Rupees Fifteen lakhs only) per transaction | P0102 |
| PYR009 | Repayment of Loans | Individual | Individual / Corporates | EMI payments in India to Banks and Non-Banking Financial Companies (NBFCs) for repayment of loans. | P0011 |
| PYR010 | Salary | Corporates | Individual | Not supported | |
| PYR011 | Payment of Property Rental | Individual | Individual / Corporates | Payments to hotels by nationals of Gulf countries / NRIs for their stay. | P0302 |
| PYR012 | Information Service Charges | Individual / Corporates | Individual / Corporates | Export of Services - Business & Management Consultancy up to Rs.15,00,000 (Rupees Fifteen lakhs only) per transaction | P1006 |
| PYR013 | Advertising & Public relations-related expenses | Individual / Corporates | Individual / Corporates | Export of Services - Business & Management Consultancy up to Rs.15,00,000 (Rupees Fifteen lakhs only) per transaction | P1006 |
| PYR014 | Royalty fees, trademark fees, patent fees, and copyright fees | Individual / Corporates | Individual / Corporates | Export of Services - Business & Management Consultancy up to Rs.15,00,000 (Rupees Fifteen lakhs only) per transaction | P1006 |
| PYR015 | Fees for brokers, front end fee, commitment fee, guarantee fee and custodian fee | Individual / Corporates | Individual / Corporates | Export of Services - Business & Management Consultancy up to Rs.15,00,000 (Rupees Fifteen lakhs only) per transaction | P1006 |
| PYR016 | Fees for advisors, technical assistance, and academic knowledge, including remuneration for specialists | Individual / Corporates | Individual / Corporates | Export of Services - Business & Management Consultancy up to Rs.15,00,000 (Rupees Fifteen lakhs only) per transaction | P1006 |
| PYR017 | Representative office expenses | Individual / Corporates | Individual / Corporates | Export of Services - Business & Management Consultancy up to Rs.15,00,000 (Rupees Fifteen lakhs only) per transaction | P1006 |
| PYR018 | Tax Payment | Individual | Individual / Corporates | Tax Payments in India | P1306 |
| PYR019 | Transportation fees for goods | Individual / Corporates | Individual / Corporates | Export of Goods - Export Bills realization up to Rs.15,00,000 (Rupees Fifteen lakhs only) per transaction | P0102 |
| PYR020 | Construction costs/expenses | Individual / Corporates | Individual / Corporates | Export of Services - Business & Management Consultancy up to Rs.15,00,000 (Rupees Fifteen lakhs only) per transaction | P1006 |
| PYR021 | Insurance Premium | Individual | Individual / Corporates | Payments in favor of Insurance companies, Mutual Funds and the Postmaster for premia / investments | P0601 |
| PYR022 | General Goods Trades - Offline trade | Individual / Corporates | Individual / Corporates | Export of Goods - Export Bills realization up to Rs.15,00,000 (Rupees Fifteen lakhs only) per transaction | P0102 |
| PYR023 | Insurance Claims Payment | Individual | Individual / Corporates | Payments in favour of Insurance companies, Mutual Funds and the Postmaster for premia / investments | P0601 |
| PYR024 | Family Maintenance | Individual | Individual | Credit to Non-resident (External) Rupee accounts maintained by Non-Resident Indians in Indian Rupees | P0014 |
| PYR025 | Education-related student expenses | Individual | Individual / Corporates | Payments of tuition/ boarding, examination fee, etc., to schools, colleges and other educational institutions | P1107 |
| PYR026 | Medical Treatment | Individual | Individual / Corporates | Payments to medical institutions and hospitals in India, for medical treatment of NRIs / their dependents and nationals of all FATF countries. | P1108 |
| PYR027 | Donations | Not supported | Not supported | Not supported | |
| PYR028 | Mutual Fund Investment | Individual | Individual / Corporates | Payments in favor of Insurance companies, Mutual Funds and the Postmaster for premia / investments | P0601 |
| PYR029 | Currency Exchange | Individual / Corporates | Individual / Corporates | Export of Services - Business & Management Consultancy up to Rs.15,00,000 (Rupees Fifteen lakhs only) per transaction | P1006 |
| PYR030 | User Withdrawal | Individual | Individual | Credit to Non-resident (External) Rupee accounts maintained by Non-Resident Indians in Indian Rupees | P0014 |
| PYR031 | Advance Payments for goods | Individual / Corporates | Individual / Corporates | Export of Goods -Advance Payment - up to Rs.15,00,000 (Rupees Fifteen lakhs only) per transaction | P0104 |
| PYR032 | Vendor / Contractor payouts for software development | Individual / Corporates | Individual / Corporates | Export of Services - Software Consultancy up to Rs.15,00,000 (Rupees Fifteen lakhs only) per transaction | P0802 |
Updated 6 days ago