Nepal has finally lifted a decade-old restriction on high-value Indian currency notes, making life easier for travellers, traders, and migrant workers. From now on, people can carry ₹200 and ₹500 notes into Nepal, as long as the total does not exceed ₹25,000 per person.
The move comes after a recent cabinet decision, and the Nepal Rastra Bank will soon issue official guidelines to implement it. For many Nepalis working in India, this change means they no longer have to carry their earnings in countless smaller notes. Indian tourists will also find shopping, dining, and hotel payments much more convenient.
For the past ten years, only smaller notes of ₹100 or below were allowed in Nepal. The ban had made everyday transactions complicated, especially along busy border towns where trade and tourism are vital. With the new rules in place, cross-border business and travel are expected to flow more smoothly, benefiting both countries’ economies and easing daily life for those crossing the border.