India is a robust economy attracting foreign investment from 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.

Purpose Code for FDI / FC-GPR Reporting after receipt of Foreign Remittance

Purpose CodeDescription
P1301Inward remittance from Indian non-residents towards family maintenance and savings
P1401Compensation of employees
P0094debit from the Vostro a/c of overseas bank or correspondents (Country-wise Totals)
P1020Wholesale and retailing trade services. (INVOICE)
P1011Inward remittance for maintenance of offices in India
P1302Personal gifts and donations
P1108Health Service (Receipts on account of services provided by Indian hospitals, doctors, nurses, paramedical and similar services, etc. rendered remotely or on-site)
P1107Educational services (e.g. fees received for correspondence courses offered to a non-resident by Indian institutions)
P0006Foreign Direct Investment made by overseas Investors in India in equity shares
P0008Foreign Direct Investment made by overseas Investors in India in real estate
P0103Advance receipts against export contracts, which will be covered later by GR/PP/SOFTEX/SDF – other than Nepal and Bhutan
P1019Commission agent services
P1006Business and management consultancy and public relations services
P0306Other travel receipts
P0214Receipts on account of other transportation services (stevedoring,
P0301Purchases 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).
P0222Receipts on account of freights under other modes of transport (Internal Waterways, Roadways, Railways, Pipeline transports, and Others)
P0001Repatriation of Indian Portfolio investment abroad in equity capital (shares)
P0002Repatriation of Indian Portfolio investment abroad in debt instruments.
P0003Repatriation of Indian Direct investment abroad (by branches & wholly-owned subsidiaries and associates) in equity shares
P0004Repatriation Indian Direct investment abroad (by branches & wholly-owned subsidiaries and associates) in debt instruments
P0005Repatriation of Indian investment abroad in real estate
P0007Foreign Direct Investment made by overseas Investors in India in debt instruments.
P0009Foreign Portfolio Investment made by overseas Investors in India in equity shares
P0010Foreign Portfolio Investment made by overseas Investors in India in debt Instruments.
P0011Repayment of loans extended to Non-Residents
P0012Long & medium-term loans, with an original maturity of above one year, from Non-Residents to India (External Commercial Borrowings)
P0013Short term loans with original maturity up to one year from Non-Residents to India (Short-term Trade Credit)
P0014Receipts o/a Non-Resident deposits (FCNR(B)/NR(E)RA, etc.) {ADs should report these even if funds are not “swapped” into Rupees}
P0015Loans & 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)
P0016Purchase of a foreign currency against another currency.
P0017Receipts 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
P0019Receipts 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
P0020Receipts on account of margin payments, premium payment and settlement amount, etc. under Financial derivative transactions
P0021Receipts on account of sale of share under Employee stock option
P0022Receipts on account of other investment in ADRs/GDRs
P0024External Assistance received by India e.g. Multilateral and bilateral loans received by Govt. of India under agreements with other govt. / international institutions.
P0025Repayments received on account of External Assistance extended by India
P0028Capital 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
P0029Capital 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
P0091Purchase from Reserve Bank of India (Currency-wise Totals)
P0092Purchase from other ADs in India (Currency-wise Totals)
P0093Purchase from Overseas banks & correspondents (Currency-wise Totals)
P0095Aggregate Purchases at Branches (Currency-wise Totals)
P0099Other capital receipts not included elsewhere
P0100Exports (Totals) {N/P/D + Collection bills Realised during Fortnight + Advance received during Fortnight} (Purchases from Public against exports (Currency-wise Totals)}
P0101Value of export bills negotiated/purchased/discounted etc. (covered under GR/PP/SOFTEX/EC copy of shipping bills etc.) – Other than Nepal and Bhutan
P0102Realisation of export bills (in respect of goods) sent on collection (full invoice value) – Other than Nepal and Bhutan
P0104Receipts 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
P0105Export bills (in respect of goods) sent on collection – other than Nepal and Bhutan
P0107Realisation of NPD export bills (full value of the bill to be reported) – other than Nepal and Bhutan
P0109Export realization on account of exports to Nepal and Bhutan, if any
P0144Purchases from Public against third country exports (Currency-wise Totals)
P0201Receipts of surplus freight/passenger fare by Indian shipping companies operating abroad
P0202Receipts on account of operating expenses of Foreign shipping companies operating in India
P0205Receipts on account of operational leasing (with crew) – Shipping companies
P0207Receipts of surplus freight/passenger fare by Indian Airlines companies operating abroad.
P0208Receipt on account of operating expenses of Foreign Airlines companies operating in India
P0211Receipt on account of operational leasing (with crew) – Airlines companies
P0215Receipts on account of other transportation services (stevedoring, demurrage, port handling charges, etc).( Airlines companies)
P0216Receipts of freight fare -Shipping companies operating abroad
P0217Receipts of passenger fare by Indian Shipping companies operating abroad
P0218Other receipts by Shipping companies
P0219Receipts of freight fare by Indian Airlines companies operating abroad
P0220Receipts of passenger fare –Airlines
P0221Other receipts by Airlines companies
P0223Receipts on account of passenger fare under other modes of transport (Internal Waterways, Roadways, Railways, Pipeline transports, and Others)
P0224Postal & Courier services by Air
P0225Postal & Courier services by Sea
P0226Postal & Courier services by others
P0302Business travel
P0304Travel for medical treatment including TCs purchased by hospitals
P0305Travel for education including TCs purchased by educational institutions
P0306Other travel receipts
P0308Foreign Currencies/TCs surrendered by returning Indian tourists.
P0501Receipts on account of services relating to the cost of construction of projects in India
P0502Receipts on account of construction work carried out abroad by Indian Companies
P0601Life Insurance premium except for term insurance
P0602Freight insurance – relating to import & export of goods
P0603Another general insurance premium including reinsurance premium; and term life insurance premium
P0605Auxiliary services including commission on insurance
P0607Insurance claim Settlement of non-life insurance; and life insurance (only term insurance)
P0608Life insurance claim settlements (excluding term insurance) received by residents in India
P0609Standardised guarantee services
P0610The premium for pension funds
P0611Periodic pension entitlements e.g. monthly quarterly or yearly payments of pension amounts by Indian Pension Fund Companies.
P0612Invoking of standardised guarantees
P0701Financial intermediation except investment banking – Bank charges, collection charges, LC charges, etc.
P0702Investment banking – brokerage, underwriting commission, etc.
P0703Auxiliary services – charges on operation & regulatory fees, custodial services, depository services, etc.
P0801Hardware consultancy/implementation
P0802Software consultancy/implementation (other than those covered in SOFTEX form)
P0803Database, data processing charges
P0804Repair and maintenance of computer and software
P0805News agency services
P0806Other information services- Subscription to newspapers, periodicals, etc.
P0807Off-site Software Exports
P0808Telecommunication services including electronic mail services and voice mail services
P0809Satellite services including space shuttle and rockets, etc.
P0901Franchises services
P0902Receipts for use, through licensing arrangements, of produced originals or prototypes (such as manuscripts and films), patents, copyrights, trademarks, industrial processes, franchises, etc.
P1002Trade-related services – commission on exports/imports
P1003Operational leasing services (other than financial leasing) without operating crew, including charter hire- Airlines companies
P1004Legal services
P1005Accounting, auditing, bookkeeping services
P1007Advertising, trade fair service
P1008Research & Development services
P1009Architectural services
P1010Agricultural services like protection against insects & disease, increasing harvest yields, forestry services.
P1013Environmental Services
P1014Engineering Services
P1015Tax consulting services
P1016Market research and public opinion polling service
P1017Publishing and printing services
P1018Mining services like on-site processing services analysis of ores etc.
P1021Operational leasing services (other than financial leasing) without operating crew, including charter hire- Shipping companies
P1022Other Technical Services including scientific/space services.
P1101Audio-visual and related services like Motion picture and videotape production, distribution and projection services.
P1103Radio and television production, distribution and transmission services
P1104Entertainment services
P1105Museums, library, and archival services
P1106Recreation and sporting activity services
P1109Other Personal, Cultural & Recreational services
P1201Maintenance of foreign embassies in India
P1203Maintenance of international institutions such as offices of IMF mission, World Bank, UNICEF, etc. in India.
P1303Donations to religious and charitable institutions in India
P1304Grants and donations to governments and charitable institutions established by the governments
P1306Receipts / Refund of taxes
P1307Receipts on account of migrant transfers including Personal Effects
P1403Inward remittance towards interest on loans extended to non-residents (ST/MT/LT loans)
P1405Inward remittance towards interest receipts of ADs on their own account (on investments.)
P1408Inward remittance of profit by branches of Indian FDI Enterprises (including bank branches) operating abroad.
P1409Inward remittance of dividends (on equity and investment fund shares) by Indian FDI Enterprises, other than branches, operating abroad
P1410Inward remittance on account of interest payment by Indian FDI enterprises operating abroad to their Parent company in India.
P1411Inward remittance of interest income on account of Portfolio Investment made abroad by India
P1412Inward remittance of dividends on account of Portfolio Investment made abroad by India on equity and investment fund shares
P1501Refunds/rebates on account of imports
P1502Reversal of wrong entries, refunds of the amount remitted for non-imports
P1503Remittances (receipts) by residents under the international bidding process.
P1505Deemed Exports ( exports between SEZ, EPZs and Domestic Tariff Areas)
P1590receipts below Rs. 5 lakhs (Currency-wise Totals)
P1591Non-Exports equivalent & above Rs.5 lakhs (Currency-wise Totals)
P1601Receipts on account of maintenance and repair services rendered for Vessels, Ships, Boats, Warships, etc.
P1602Receipts of maintenance and repair services rendered for aircraft, Space shuttles, Rockets, military aircraft, etc.
P1701Receipts on account of processing of goods
P2088Opening Balance (Debit Balance in Mirror/Debit Balance in Vostro)
P2199Closing Balance (Debit Balance in Mirror/Debit Balance in Vostro)

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