Essel finance vkc forex limited mumbai maharashtra

Essel Finance VKC Forex Limited is one of the leading RBI finance Authorised Category — II Dealer AD-CAT II in India. Essel Finance VKC Forex provides wide range of Foreign Exchange solutions with emphasis on customer satisfaction. Essel Finance VKC Forex Limited offers a wide gamut of Forex products and services under one roof.

We bring forex hassle-free Currency Exchange services that are provided at competitive rates. Today, we are privileged to work with diversified clients in limited industries and capabilities. With over 25 years of rich experience in the areas of Banking, Asset Management, Investment Banking, and Insurance, Mr.

Chaturvedi has led several foremost financial companies of India such as Reliance Capital Ltd, ICICI Bank Ltd. As the Managing Director and CEO, he was instrumental in transforming Dhanlaxmi Bank in a short span of 3 years from a regionally focused bank with a business size of approximately Rs.

Likewise, under his headship, Reliance Capital evolved into a diversified financial services conglomerate and assets under management at Reliance Mutual Fund grew from near Rs. He has a proven track record in leadership roles with leading private sector Banks, Corporates and MNCs executing business plans for startup initiatives, leading large business teams, backing business plan with execution through robust sales processes, leading cross functional teams.

Previously he has worked with ANZ Grindlays, HSBC, ICICI Bank, Dhanalaxmi Bank. His last role was with SVC Bank where he was Head of Retail Banking and responsible for the entire retail business across branches. Rashmi Aggarwal has been associated with IMT Ghaziabad sincein the area of Economics, Environment and Policy as a Professor of Law. She is forex a Board member of Zee Media Corporation Ltd, Dish TV and Forex Finance VKC Forex Limited as vkc Independent Director.

She is also on some of the Board Sub - Committees like Audit Committee; Nomination and Remuneration Committee, etc. She was the Chairperson- 2 years PDGM Program and core coordinator for the coveted AACSB accreditation at IMT Ghaziabad.

She started her career as an advocate in the Punjab and Haryana High Court and Supreme Court of India before joining academics. Aggarwal research domains are predominately in the area of Corporate laws, Vkc governance, Cybercrimes, Labour Laws and Intellectual Property Limited with number of reputed publications to her credit, including books, international research publications, book chapters, book reviews and vkc studies.

Aggarwal has presented her research work in national and international conferences in India and abroad including USA, Japan, UK, Hong Kong, UAE and Italy. She has designed and delivered numerous executive training programmes both as a facilitator and Program Director for In-company and Open Company. Vibhu Agarwal is a Vkc Graduate from St. Agarwal is currently Managing Partner of MZ India Pvt Limited, Finance. Parekh is a qualified Chartered Accountant and Company Secretary.

He has over 35 years of experience in the field of Finance, Taxation, Secretarial, Corporate Governance and Insurance matters. Currently, he is advising various corporate on Secretarial and Securities Laws, Financial restructuring, fund raising, cost control measures, taxation related issues, maharashtra matters etc.

Prior to consulting, he was associated with large mumbai houses including Aditya Birla Chemicals India Ltd, Jaiprakash Associates Ltd, Jokai India Ltd, Assambrook Ltd and U.

Lines A US based shipping Company. With over 33 years of experience, Mr. Ramachandran is currently responsible limited financial management of the company. Prior to joining Essel Finance VKC Forex Mr.

Ramachandran was working with Ramco Systems Ltd. He holds a bachelors degree in Commerce from University of Madras and is an associate Limited of Institute of Charted Accountants of India. Venkatasubramanian is an Ex-Officer from State Bank of India, India's premier Bank. He has over three decades of experience in the banking sector and has varied experience in areas of Foreign Exchange, Credit and Advances and Corporate Banking.

He is the promoter director of the VKC Group and is currently the advisor to the company. Prior to joining Essel VKC, he was maharashtra with India Cements Limited as a Vice President. Mr Premnath holds a PGDBA from Loyola College, Chennai with graduation in commerce, he has also completed Inter ACS. Mr Nageswaran has over two decades of specialized experience in mumbai area of Foreign Exchange.

Mr Nageswaran is an Ex-Officer from the State Bank of India and was serving in Senior Management cadre, he is currently the consultant to the company. Essel Finance VKC Forex Sell and buy all major foreign currencies to and from customers as maharashtra the regulations prescribed by Reserve Bank of India. Essel Finance VKC Forex offers Foreign Exchange services for Leisure visit, Business visit, Education, Immigration, Medical Treatment etc. Essel Finance VKC Forex has tied up with HDFC Bank, Axis Bank and Vkc Bank for their Prepaid Travel Card solution.

Essel Mumbai VKC Forex has a white labelled card with ICICI bank and has been co-branded along with Axis Bank and HDFC bank. These cards are available in various major currencies like US Dollar, Euro, British Pound, Australian Dollar, Swiss Franc etc. You limited contact our branch representative nearest to know more about the product and purchase the same. Western Union and MoneyGram are global leaders in worldwide money transfer services which makes it a safe way to send money to India.

Inward Money Transfer to India is a fast, simple and convenient method to transfer money from anywhere in the world. In India, a person can only receive money through maharashtra Inward Money Transfer service. Finance service operates as per the guidelines issued by Reserve Finance of India. An Authorised Dealer mumbai any person specifically authorized by the Reserve Bank under Section 10 1 of FEMA,to deal in foreign exchange or foreign securities the list of ADs is maharashtra on www.

Foreign exchange can be purchased from any authorised person, such as Authorised Dealer AD Category-I bank and AD Category II. Full-Fledged Money Changers FFMCs are also permitted to release exchange for business and private visits. Under the Liberalised Remittance Scheme, all resident individuals, including minors, are allowed to freely remit up to USD mumbai, per financial year April — March for any permissible current or capital account transaction or a combination of both.

Further, resident individuals can avail of foreign exchange facility for the purposes mentioned in Para 1 of Schedule III of FEM CAT Amendment Ruleswithin maharashtra limit of USD 2,50, only. If an individual remits any amount under LRS in finance financial year, then the applicable limit for such individual would be reduced from USDby the amount so remitted. The remittance facility under the Scheme is not available for the following:. Remittances under the facility can be consolidated in respect of close family members subject to the individual family members complying with the terms and conditions of the Scheme.

Yes, it is mandatory to have PAN number to make remittances under the Scheme. However, PAN card mumbai not be insisted upon for remittance made towards permissible current account transactions up to USD 25, There are no restrictions on the frequency of remittances under LRS.

However, essel total amount of foreign exchange purchased from or remitted through, all sources in India during a financial year should be within the cumulative limit of USD 2,50, Once a remittance is made for an forex up to USD 2,50, during the financial year, a vkc individual would not be eligible to make any further remittances under this scheme, even if the proceeds of the investments have been brought back into the country.

For private finance abroad, other than to Nepal and Bhutan, any resident can obtain foreign exchange up to an aggregate amount of USD 2,50, from an Authorised Dealer or FFMC, in any one financial year, vkc of the number of essel undertaken during the year. This limit has been subsumed under the Liberalised Remittance Scheme w.

If an individual has already remitted any amount under maharashtra Liberalised Remittance Scheme in a financial year, then the applicable limit for travelling purpose for such individual would be reduced from USDby the amount so remitted. A resident Indian is allowed to take INR of denomination of Rs. For denominations of Rs and Rs1, the limit is Rs 25, The tour operator can collect this amount either in INR or in FCY.

Remittances exceeding the limit of USD 2,50, will require prior permission from the Reserve Bank. Any additional remittance in excess of the same shall require prior approval of forex Reserve Bank of India. If an individual remits any amount under the Liberalised Remittance Scheme in a financial year, then the applicable limit for such individual would be reduced from USDby the amount so remitted. A person going abroad on emigration can draw forex exchange from AD Category I bank and AD Category II up to the amount prescribed by the country of emigration or USDThis amount is only to meet the incidental expenses in the country of emigration.

Further, this remittance is not for undertaking any capital account transactions such as overseas investment in government bonds; land; commercial enterprise; etc. No amount of foreign exchange can be remitted outside India to become eligible or for earning points or credits for limited.

Visits in connection with attending of an international conference, seminar, specialised training, apprentice training, etc. Release of foreign exchange exceeding USD 2,50, for business travel abroad, irrespective of the period of stay, by residents require prior permission from the Reserve Bank.

However, if an employee is being deputed by a company and the expenses are borne by the company, then such expenses shall be treated as residual current account transactions and may be permitted by the AD bank, without any limit, subject to verifying the bonafides of the transaction.

Exceptions to this are a travellers proceeding to Iraq and Libya who can draw foreign exchange in the form of foreign currency notes and coins not exceeding USD or its equivalent per visit; b travellers proceeding to the Islamic Republic of Iran, Russian Federation and other Republics of Commonwealth of Independent States who can draw entire foreign exchange up-to USDin the form of foreign currency notes or coins.

A resident of India, who has gone out of India on a temporary visit may bring into India at the time of his return from any place outside India other than Nepal and Bhutancurrency notes of Government of India and Reserve Bank of India notes up to an amount not exceeding Rs.

A person may bring into India from Nepal or Bhutan, currency notes of Government of India and Reserve Bank of India notes, in denomination not exceeding Rs. Any person resident outside India, not being a mumbai of Pakistan and Bangladesh and also not a traveller coming from and going to Pakistan and Bangladesh, and visiting India may bring into India currency notes of Government of Essel and Reserve Bank of India notes up to an amount not exceeding Rs.

A person coming into India from abroad can bring with him foreign exchange without any limit. Permissible foreign exchange can be drawn 60 days in advance. In case it is not possible to use the foreign exchange within the period of 60 days, it should be immediately surrendered to an authorised person.

However, residents are free to retain foreign exchange up to USD 2, in the form of foreign currency notes or TCs for future use or credit to their Resident Foreign Currency Domestic [RFC Domestic ] Accounts. Foreign exchange for travel abroad can be purchased from an authorized person against rupee payment in cash below Rs. On return from essel foreign trip, travellers are required essel surrender unspent foreign exchange held in the form of currency notes limited travellers cheques within days of return.

However, they are free to retain foreign exchange up to USD 2, in the form of foreign currency notes or TCs for future use or credit to their Resident Foreign Currency Domestic [RFC Domestic ] Accounts. Finance troupes, artistes, etc. Our Group Our People Our Culture. NBFC Investment Banking Private Equity Distribution Forex. Life At Essel Finance. Amitabh Chaturvedi MD — Essel Finance. Rashmi Aggarwal Independent Director. Vibhu Agarwal Independent Director.

Mahendra Parekh Independent Director. Ramachandran K Chief Financial Officer. Foreign Currency Essel Finance VKC Forex Sell and buy all major foreign currencies to and from forex as per the regulations prescribed by Reserve Bank of India.

Vkc Forex Gurgaon