Can funds in NRE/NRO accounts be utilised for payment of air fare to/from/in India of the account holder and/or his dependents ?

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Yes. Bank can permit such payments. Airlines/shipping companies and their agents have also been permitted to accept payments in rupees from the funds held in NRO/NRE accounts for the purpose.

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Ans. Yes. Banks maintaining the accounts have been authorised to permit such payments. Airlines/shipping companies and their agents have also been permitted to accept payments in rupees from the funds held in NRO/NRE accounts for the purpose. Q.

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