University fee payment from India | Money transfer from Kochi
University fee payment from Kochi
Want to do money transfer for education purpose from Kochi
Make payments to your loved ones especially your children who are studying abroad in times of urgent necessities. Be it overseas University fees, cash gifting, and other expenditures, Even in the hectic schedules of various responsibilities, it is essential to make the perfect choice of money transfer for education purpose from Kochi through fast and reliable sources. You can take it in the form of FCDD or Foreign Currency Demand Draft to deposit in the bank at the foreign country or send Swift transfer to be credited directly to the account.
How much money transfer for education purposes from Kochi is possible?
You might be sending money for University fee payment from India and that has a certain condition to be kept in mind which are
- An amount of $ 250000 per Financial Year under the LRS scheme is permissible for a student studying abroad per academic year, to do Money transfer for education purpose from Kochi.
- A student going from higher studies abroad can receive remittances up to $ 250000 per Financial Year under the LRS scheme Indian close relatives to pay University fee payment from India
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Foreign currency demand draft is better known as FCDD
What is FCDD?
- FCDD or foreign currency demand draft is made in foreign currency with the desirable amount that needs to be remitted.
- Most reliable instrument for Money transfer for education purpose from Bangalore to any part of the world.
- Available in all exceedingly demanded currencies
- Valid for 3 months
- Primarily used for Education, Employment purposes, Immigration, Visa fees, etc
- Payments can be done through Foreign Currency Demand Draft in foreign banks and get it cleared
- Nominal charges are taking for making the draft
- Rely on authorized financial institutions with a license from the Reserve Bank of India
How much money can be taken as FCDD?
- Send up to $ 250000 per Financial Year under the LRS scheme for education as per RBI guidelines
What is TT or Telegraphic Transfer – SWIFT?
Transfer of funds through telex/telegram, also known as Telegraphic Transfer (TT). Funds are transferred from the bank of the remitter in one country to the bank account of the beneficiary in another country
- Most recommended and only electronic mode to transfer money as per the Reserve Bank of India
- It has guaranteed pace and security for faster credits
- Trouble-free and highly secured way to send money abroad
- Almost worthwhile for every personal transaction under this method
- You can transfer money directly to the bank accounts abroad
How much money can be sent as TT?
- Send up to 250,000 dollars in a year on a personal account
- Transfer up to 1,000,000 dollars in a year on a business account
- Send up to 10,000 dollars per day using a bank debit
What are the documents required for outward remittance for a student study abroad?
- The most important and mandatory document is your valid ID proof and PAN Card
- Application Form
- Air Ticket
- Certificates relating to the qualifications
- Admission Letter from overseas College/University/Educational Institution.
Where to connect for Money transfer for education purpose from Kochi and to get the best money transfer rate?
If you are looking for a Money transfer for education purpose from Kochi, please feel free to get in touch with us by visiting our website https://www.unimoni.in/ and put a query or chat with us at the toll-free number 1800 102 0555 or WhatsApp us at +91 9946086666 or mail us at email@example.com
You can also visit any nearby branches of Unimoni in Kochi to avail of the best money transfer rate and instant money transfer from Kochi. Unimoni can serve you better with all the updated and customized services according to your need.
XIX-116-2, 1st Floor,
Byepass Aluva Kerala -683 101
NO: XI/308Z1, Ground Floor,
“Teepeyem Square”, Vip Road,
International Airport, Cochin
Ground Floor, Chettupuzha Towers,
Pt Usha Road, Ernakulam,
Kerala – 682 011
No.2/582a, First Floor,
Kunnumpuram Junction, Fort Kochi,
Ernakulam, Kerala – 682 001
Kuttoth Complex Opp. Reliance Fresh,
Thrikkakara Road, Edapally
Tol Ernakulam -682 024
BUILDING NO. XXXVII/83,
LAYAM ROAD, TRIPUNITHARA KERALA – 682 301.