India is a robust economy attracting foreign investment from the world over. Generally, the FDI is allowed under the automatic route of investment based on the proposed activity of the company in India. When the remittance for such foreign direct investment is remitted to India, then the purpose code of the remittance is required to be communicated to the receiving bank by way of an email confirmation and through the FDI Declaration. The purpose code of remittance is also required at the time of filing FC-GPR to RBI, Here is the List of purpose code in the tabular presentation.

When the remittance for such foreign direct investment is remitted to India, then the purpose code of the remittance is required to be communicated to the receiving bank by way of an email confirmation and through the FDI Declaration. The purpose code of remittance is also required at the time of filing FC-GPR to RBI, Here is the List of purpose code in the tabular presentation.

No.	Purpose Code	Description
1	P1301	Inward remittance from Indian non-residents towards family maintenance and savings
2	P1401	Compensation of employees
3	P0094	Debit from the Vostro a/c of overseas bank or correspondents (Country-wise Totals)
4	P1020	Wholesale and retailing trade services. (INVOICE)
5	P1011	Inward remittance for maintenance of offices in India
6	P1302	Personal gifts and donations
7	P1108	Health Service (Receipts on account of services provided by Indian hospitals, doctors, nurses, paramedical and similar services, etc. rendered remotely or on-site)
8	P1107	Educational services (e.g. fees received for correspondence courses offered to a non-resident by Indian institutions)
9	P0006	Foreign Direct Investment made by overseas Investors in India in equity shares
10	P0008	Foreign Direct Investment made by overseas Investors in India in real estate
11	P0103	Advance receipts against export contracts, which will be covered later by GR/PP/SOFTEX/SDF – other than Nepal and Bhutan
12	P1019	Commission agent services
13	P1006	Business and management consultancy and public relations services
14	P0306	Other travel receipts
15	P0214	Receipts on account of other transportation services (stevedoring,
16	P0301	Purchases towards travel (Includes purchases of foreign TCs, currency notes, etc over the counter, by hotels, Emporiums, institutions, etc. as well as the amount received by TT/SWIFT transfers or debit to Non-Resident account).
17	P0222	Receipts on account of freights under other modes of transport (Internal Waterways, Roadways, Railways, Pipeline transports, and Others)
18	P0001	Repatriation of Indian Portfolio investment abroad in equity capital (shares)
19	P0002	Repatriation of Indian Portfolio investment abroad in debt instruments.
20	P0003	Repatriation of Indian Direct investment abroad (by branches & wholly-owned subsidiaries and associates) in equity shares
21	P0004	Repatriation Indian Direct investment abroad (by branches & wholly-owned subsidiaries and associates) in debt instruments
22	P0005	Repatriation of Indian investment abroad in real estate
23	P0007	Foreign Direct Investment made by overseas Investors in India in debt instruments.
24	P0009	Foreign Portfolio Investment made by overseas Investors in India in equity shares
25	P0010	Foreign Portfolio Investment made by overseas Investors in India in debt Instruments.
26	P0011	Repayment of loans extended to Non-Residents
27	P0012	Long & medium-term loans, with an original maturity of above one year, from Non-Residents to India (External Commercial Borrowings)
28	P0013	Short term loans with original maturity up to one year from Non-Residents to India (Short-term Trade Credit)
29	P0014	Receipts o/a Non-Resident deposits (FCNR(B)/NR(E)RA, etc.) (ADs should report these even if funds are not “swapped” into Rupees)
30	P0015	Loans & overdrafts taken by ADs on their own account. (Any amount of loan credited to the NOSTRO account which may not be swapped into Rupees should also be reported)
31	P0016	Purchase of a foreign currency against another currency.
32	P0017	Receipts on account of Sale of non-produced non-financial assets (Sale of intangible assets like patents, copyrights, trademarks, etc., land acquired by the government, use of natural resources) – Government
33	P0019	Receipts on account of Sale of non-produced non-financial assets (Sale of intangible assets like patents, copyrights, trademarks, etc., use of natural resources) – Non-Government
34	P0020	Receipts on account of margin payments, premium payment and settlement amount, etc. under Financial derivative transactions
35	P0021	Receipts on account of sale of share under Employee stock option
36	P0022	Receipts on account of other investment in ADRs/GDRs
37	P0024	External Assistance received by India e.g. Multilateral and bilateral loans received by Govt. of India under agreements with other govt. / international institutions.
38	P0025	Repayments received on account of External Assistance extended by India
39	P0028	Capital transfer receipts (Guarantee payments, Investment Grant is given by the government/ international organization, exceptionally large Non-life insurance claims including claims arising out of natural calamity) – Government
40	P0029	Capital transfer receipts ( Guarantee payments, Investment Grant is given by the Non-government, exceptionally large Non-life insurance claims including claims arising out of natural calamity) – Non-Government
41	P0091	Purchase from Reserve Bank of India (Currency-wise Totals)
42	P0092	Purchase from other ADs in India (Currency-wise Totals)
43	P0093	Purchase from Overseas banks & correspondents (Currency-wise Totals)
44	P0095	Aggregate Purchases at Branches (Currency-wise Totals)
45	P0099	Other capital receipts not included elsewhere
46	P0100	Exports (Totals) (N/P/D + Collection bills Realised during Fortnight + Advance received during Fortnight) (Purchases from Public against exports (Currency-wise Totals))
47	P0101	Value of export bills negotiated/purchased/discounted etc. (covered under GR/PP/SOFTEX/EC copy of shipping bills etc.) – Other than Nepal and Bhutan
48	P0102	Realisation of export bills (in respect of goods) sent on collection (full invoice value) – Other than Nepal and Bhutan
49	P0104	Receipts against the export of goods not covered by the GR /PP /SOFTEX /EC copy of shipping bill etc. (under Intermediary/transit trade, i.e., third-country export passing through India
50	P0105	Export bills (in respect of goods) sent on collection – other than Nepal and Bhutan
51	P0107	Realisation of NPD export bills (full value of the bill to be reported) – other than Nepal and Bhutan
52	P0109	Export realization on account of exports to Nepal and Bhutan, if any
53	P0144	Purchases from Public against third country exports (Currency-wise Totals)
54	P0201	Receipts of surplus freight/passenger fare by Indian shipping companies operating abroad
55	P0202	Receipts on account of operating expenses of Foreign shipping companies operating in India
56	P0205	Receipts on account of operational leasing (with crew) – Shipping companies
57	P0207	Receipts of surplus freight/passenger fare by Indian Airlines companies operating abroad.
58	P0208	Receipt on account of operating expenses of Foreign Airlines companies operating in India
59	P0211	Receipt on account of operational leasing (with crew) – Airlines companies
60	P0215	Receipts on account of other transportation services (stevedoring, demurrage, port handling charges, etc).( Airlines companies)
61	P0216	Receipts of freight fare -Shipping companies operating abroad
62	P0217	Receipts of passenger fare by Indian Shipping companies operating abroad
63	P0218	Other receipts by Shipping companies
64	P0219	Receipts of freight fare by Indian Airlines companies operating abroad
65	P0220	Receipts of passenger fare –Airlines
66	P0221	Other receipts by Airlines companies
67	P0223	Receipts on account of passenger fare under other modes of transport (Internal Waterways, Roadways, Railways, Pipeline transports, and Others)
68	P0224	Postal & Courier services by Air
69	P0225	Postal & Courier services by Sea
70	P0226	Postal & Courier services by others
71	P0302	Business travel
72	P0304	Travel for medical treatment including TCs purchased by hospitals
73	P0305	Travel for education including TCs purchased by educational institutions
74	P0306	Other travel receipts
75	P0308	Foreign Currencies/TCs surrendered by returning Indian tourists.
76	P0501	Receipts on account of services relating to the cost of construction of projects in India
77	P0502	Receipts on account of construction work carried out abroad by Indian Companies
78	P0601	Life Insurance premium except for term insurance
79	P0602	Freight insurance – relating to import & export of goods
80	P0603	Another general insurance premium including reinsurance premium; and term life insurance premium
81	P0605	Auxiliary services including commission on insurance
82	P0607	Insurance claim Settlement of non-life insurance; and life insurance (only term insurance)
83	P0608	Life insurance claim settlements (excluding term insurance) received by residents in India
84	P0609	Standardised guarantee services
85	P0610	The premium for pension funds
86	P0611	Periodic pension entitlements e.g. monthly quarterly or yearly payments of pension amounts by Indian Pension Fund Companies.
87	P0612	Invoking of standardised guarantees
88	P0701	Financial intermediation except investment banking – Bank charges, collection charges, LC charges, etc.
89	P0702	Investment banking – brokerage, underwriting commission, etc.
90	P0703	Auxiliary services – charges on operation & regulatory fees, custodial services, depository services, etc.
91	P0801	Hardware consultancy/implementation
92	P0802	Software consultancy/implementation (other than those covered in SOFTEX form)
93	P0803	Database, data processing charges
94	P0804	Repair and maintenance of computer and software
95	P0805	News agency services
96	P0806	Other information services- Subscription to newspapers, periodicals, etc.
97	P0807	Off-site Software Exports
98	P0808	Telecommunication services including electronic mail services and voice mail services
99	P0809	Satellite services including space shuttle and rockets, etc.
100	P0901	Franchises services
101	P0902	Receipts for use, through licensing arrangements, of produced originals or prototypes (such as manuscripts and films), patents, copyrights, trademarks, industrial processes, franchises, etc.
102	P1002	Trade-related services – commission on exports/imports
103	P1003	Operational leasing services (other than financial leasing) without operating crew, including charter hire- Airlines companies
104	P1004	Legal services
105	P1005	Accounting, auditing, bookkeeping services
106	P1007	Advertising, trade fair service
107	P1008	Research & Development services
108	P1009	Architectural services
109	P1010	Agricultural services like protection against insects & disease, increasing harvest yields, forestry services.
110	P1013	Environmental Services
111	P1014	Engineering Services
112	P1015	Tax consulting services
113	P1016	Market research and public opinion polling service
114	P1017	Publishing and printing services
115	P1018	Mining services like on-site processing services analysis of ores etc.
116	P1021	Operational leasing services (other than financial leasing) without operating crew, including charter hire- Shipping companies
117	P1022	Other Technical Services including scientific/space services.
118	P1101	Audio-visual and related services like Motion picture and videotape production, distribution and projection services.
119	P1103	Radio and television production, distribution and transmission services
120	P1104	Entertainment services
121	P1105	Museums, library, and archival services
122	P1106	Recreation and sporting activity services
123	P1109	Other Personal, Cultural & Recreational services
124	P1201	Maintenance of foreign embassies in India
125	P1203	Maintenance of international institutions such as offices of IMF mission, World Bank, UNICEF, etc. in India.
126	P1303	Donations to religious and charitable institutions in India
127	P1304	Grants and donations to governments and charitable institutions established by the governments
128	P1306	Receipts / Refund of taxes
129	P1307	Receipts on account of migrant transfers including Personal Effects
130	P1403	Inward remittance towards interest on loans extended to non-residents (ST/MT/LT loans)
131	P1405	Inward remittance towards interest receipts of ADs on their own account (on investments.)
132	P1408	Inward remittance of profit by branches of Indian FDI Enterprises (including bank branches) operating abroad.
133	P1409	Inward remittance of dividends (on equity and investment fund shares) by Indian FDI Enterprises, other than branches, operating abroad
134	P1410	Inward remittance on account of interest payment by Indian FDI enterprises operating abroad to their Parent company in India.
135	P1411	Inward remittance of interest income on account of Portfolio Investment made abroad by India
136	P1412	Inward remittance of dividends on account of Portfolio Investment made abroad by India on equity and investment fund shares
137	P1501	Refunds/rebates on account of imports
138	P1502	Reversal of wrong entries, refunds of the amount remitted for non-imports
139	P1503	Remittances (receipts) by residents under the international bidding process.
140	P1505	Deemed Exports ( exports between SEZ, EPZs and Domestic Tariff Areas)
141	P1590	receipts below Rs. 5 lakhs (Currency-wise Totals)
142	P1591	Non-Exports equivalent & above Rs.5 lakhs (Currency-wise Totals)
143	P1601	Receipts on account of maintenance and repair services rendered for Vessels, Ships, Boats, Warships, etc.
144	P1602	Receipts of maintenance and repair services rendered for aircraft, Space shuttles, Rockets, military aircraft, etc.
145	P1701	Receipts on account of processing of goods
146	P2088	Opening Balance (Debit Balance in Mirror/Debit Balance in Vostro)
147	P2199	Closing Balance (Debit Balance in Mirror/Debit Balance in Vostro)

Mentioning of correct purpose code is important and if you need any assistance, request you to kindly send us an email at help@setindiabiz.com.