NRI remittance, TDS, and FEMA checklist for Bangalore property deals.
Built for NRIs and overseas families buying or selling in Bengaluru and Karnataka. Check funding channels, the right TDS section, Form 15CA/15CB remittance readiness, and local registration paperwork before money moves.
Decision checklist
NRI remittance + TDS + FEMA readiness
Pick your Bengaluru / Karnataka scenario, tick what is already in place, and see whether the deal is safe to fund, register, or repatriate.
Checklist
0/8 complete · 6 required open
0%
Not remittance / deal ready
Critical FEMA, TDS, or banking items are still open. Do not lock registration or outward remittance dates yet.
Buy path
- Confirm FEMA-eligible asset class
- Fund via NRE / NRO / inward remittance
- Budget Karnataka stamp + registration
- Apply 194-IA only if seller is resident and threshold met; else review 195
Sell + repatriate path
- Clean title / e-Khata / EC before listing
- Agree Section 195 TDS with buyer in writing
- Credit proceeds to NRO
- File remittance forms before outward transfer; watch ₹5L aggregate trigger for CA certificate
Bank vs legal reality
- Banks may ask for 15CA/15CB even on some NRO→NRE movements
- Form names/portals can evolve; follow current income-tax utility your bank accepts
- FEMA permission and tax deduction are separate gates — clearing one does not clear the other
Compliance note
This is a readiness checklist for Bengaluru / Karnataka property transactions — not a tax opinion, FEMA approval, or bank undertaking. TDS rates under Section 195, DTAA relief, Form 15CA/15CB (and any successor remittance forms your bank currently accepts), and repatriation documentation must be confirmed with a Chartered Accountant and your authorised dealer before remittance or registration payout.
Reviewed August 2026
Why NRIs stall on Bengaluru deals
Most NRI property delays are not about finding a flat. They are about sequencing: FEMA-eligible asset, banking channel, correct TDS section, Karnataka stamp/registration cash, and — on exits — NRO credit plus remittance forms before the bank releases funds abroad.
This checklist separates the two tax worlds NRIs mix up constantly: Section 194-IA for many resident-seller purchases above threshold, and Section 195 when paying a non-resident seller. It also flags the remittance gate: Form 15CA parts and the ₹5 lakh aggregate trigger where Form 15CB is commonly required.
Use it before token, before Kaveri, and before any outward remittance. Then route into PE Realtors NRI services for on-ground Bengaluru coordination and into a CA for exact tax computation.
Next step
Need a Bengaluru NRI coordinator, not just a checklist?
PE Realtors helps overseas buyers and sellers with verification, documentation, registration presence, and transaction sequencing across FEMA, TDS, and local Karnataka paperwork.
Frequently
Asked Questions
Common questions answered to help you make better property decisions.
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