LRS/BRS Submission

We help you move rental income and property sale proceeds from India to your overseas account with complete regulatory compliance and documentation.

What you get with Servefar - 
at a glance

Compliance Assessment
We review your transaction type, account status, and tax obligations to determine the correct remittance pathway under RBI guidelines.
Documentation Preparation
Complete paperwork including Form 15CA/15CB, tax certificates, bank statements, and property documents required for fund transfer.
CA Coordination
We connect you with chartered accountants who prepare required certificates, verify tax deductions, and ensure regulatory compliance.
Bank Liaison
We work with your bank's forex department to submit applications, track approvals, and resolve documentation queries.
Thank you! Your submission has been received!
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Why us?

Why Choose Servefar?

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Made for NRIs
We understand the specific challenges of moving property-related funds from India to the US, UK, UAE, and other countries.

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Regulatory Expertise
Our team knows RBI's Liberalized Remittance Scheme (LRS) rules, FEMA compliance requirements, and bank-specific procedures.

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Complete Documentation
We ensure every form, certificate, and supporting document is accurate before bank submission to avoid rejections and delays.

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Tax Compliance Focus
We coordinate TDS verification, capital gains calculation, and tax filing so your remittance doesn't face scrutiny later.

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Multi-Bank Experience
We work with all major banks including SBI, HDFC, ICICI, and Axis, understanding their specific requirements and processing times.
Steps

3 Easy Steps to Start

01.

Documentation review

We assess your property papers, NRE/NRO account details, and tax records to identify required forms and missing documents.

02.

Certificate preparation

We coordinate with CAs for Form 15CB, compile supporting documents, and prepare the complete submission package for your bank.

03.

Transfer coordination

We submit applications to your bank, track approval status, resolve queries, and confirm when funds reach your overseas account.
Services

Full Service Beakdown

Fund Source Documentation

Sale deed and registration papers
Rental agreement and payment records
Bank account statements
TDS certificates and returns
Capital gains computation
Property valuation reports
Isometric 3D home renovation scene with paint bucket, ladder, and wooden flooring samples

Tax Compliance

Form 15CA online filing
Form 15CB from chartered accountant
TDS verification and adjustment
Capital gains tax assessment
Income tax return coordination
Tax clearance certificate support
Isometric 3D illustration of legal documents, scale of justice, and gavel

Remittance Processing

LRS application preparation
Purpose code selection
FEMA declaration forms
Bank account verification
Transfer instruction documentation
Swift code and routing confirmation
Isometric 3D illustration of a checklist document with green checkmarks

NRE/NRO Account Management

Account type verification
Repatriation limit checking
Multiple remittance coordination
Annual limit tracking
Account statement organization
Balance confirmation letters
Isometric 3D illustration of tax documents, calculator, coins, and glasses

Regulatory Filings

RBI reporting compliance
AD bank submission coordination
Supporting document compilation
Query response management
Approval tracking
Confirmation receipt collection
Isometric 3D rendering of legal and office items including scales of justice, gavel, and documents

Post-Transfer Support

Fund receipt verification
Foreign inward remittance certificate
Tax record maintenance
Future remittance planning
Annual limit calculation
Documentation archiving
Isometric 3D illustration of two people shaking hands on a green lawn in front of a modern house
Services

Other Services

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Land Monitoring
Monthly site visits with geo-tagged photos to prevent encroachment on vacant plots.
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Tenant Placement
Complete tenant screening, lease preparation, and move-in coordination for rental properties.
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Legal Advisory
Consultation on property disputes, title issues, and succession planning.
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Fund Repatriation
Help moving sale proceeds or rental income to your NRE/NRO accounts.
Learn More

Frequently Asked Questions

How much can I remit in one year?

Under LRS, you can remit up to $250,000 per financial year. Sale proceeds from inherited or purchased property have separate repatriation rules.

Do I need to pay tax before remitting?

Yes. Capital gains tax or TDS on rental income must be paid before remittance. We help calculate and verify correct deductions.

How long does the remittance process take?

Once documentation is complete, banks typically process remittances in 5 to 10 working days, depending on verification requirements.

Can I remit from my NRO savings account?

Yes, but you can only repatriate up to $1 million from sale of assets per financial year, with proper documentation and CA certification.

What if I haven't filed taxes on rental income?

You need to file returns and obtain tax certificates before remittance. We coordinate with CAs to complete pending filings.

Do I need Form 15CB for every remittance?

Form 15CB is required for most property-related remittances above certain thresholds. Small rental amounts may be exempt. We verify requirements for your case.