Indian POP Codes

Capital account

Purpose of PaymentPurpose Code
Repatriation of Indian investment abroad in equity capital (shares)
Purpose Code
P0001
Repatriation of Indian investment abroad in debt securities
Purpose Code
P0002
Repatriation of Indian investment abroad in branches
Purpose Code
P0003
Repatriation of Indian investment abroad in subsidiaries and associates
Purpose Code
P0004
Repatriation of Indian investment abroad in real estate
Purpose Code
P0005
Foreign direct investment in India in equity
Purpose Code
P0006
Foreign direct investment in India in debt securities
Purpose Code
P0007
Foreign direct investment in India in real estate
Purpose Code
P0008
Foreign portfolio investment in India in equity shares
Purpose Code
P0009
Foreign portfolio investment in India in debt securities including debt funds
Purpose Code
P0010
Repayment of loans extended to non-residents
Purpose Code
P0011
Loans from non-residents to India
Purpose Code
P0012
Receipts o/a non-resident deposits (FCNRB/NRERA, etc.) ADs should report these even if funds aren’t "swapped" into rupees
Purpose Code
POOH
Loans and 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)
Purpose Code
P0015
Purchase of a foreign currency against another currency
Purpose Code
P0016
Sale of intangible assets like patents, copyrights, trademarks, etc, by Indian companies
Purpose Code
P0017
Other capital receipts not included elsewhere
Purpose Code
P0018

Export of goods

Purpose of PaymentPurpose Code
Value of export bills negotiated/purchased/discounted/etc (covered under GR/PP/SOFTEX/EC copy of shipping bills, etc)
Purpose Code
P0101
Realisation of export bills (in respect of goods) sent on collection (full invoice value)
Purpose Code
P0102
Advance receipts against export contracts (export of goods only)
Purpose Code
P0103
Receipts against export of goods not covered by the GR/PP/SOFTEX/EC copy of shipping bill etc
Purpose Code
P0104
Export bills (in respect of goods) sent on collection
Purpose Code
P0105
Conversion of overdue export bills from NPD to collection mode
Purpose Code
P0106
Realisation of NPD export bills (full value of bill to be reported)
Purpose Code
P0107

Transportation

Purpose of PaymentPurpose Code
Receipts of surplus freight/passenger fare by Indian shipping companies operating abroad
Purpose Code
P0201
Purchases, on account of operating expenses of foreign shipping companies operating in India
Purpose Code
P0202
Purchases on account of operational leasing (with crew) – shipping companies
Purpose Code
P0205
Receipts of surplus freight/passenger fare by Indian Airlines companies operating abroad
Purpose Code
P0207
Receipt on account of operating expenses of Foreign Airlines companies operating in India
Purpose Code
P0208
Purchases on account of operational leasing (with crew) - airline companies
Purpose Code
P0211
Receipts on account of other transportation services (stevedoring, demurrage, port handling charges, etc)
Purpose Code
P0213

Travel

Purpose of PaymentPurpose Code
Purchases towards travel (includes purchases of foreign TCs, currency such as notes over the counter, by hotels, hospitals, emporiums, educational institutions, etc, as well as amount received by TT/SWIFT transfers or debit)
Purpose Code
P0301
FC surrendered by returning Indian tourists
Purpose Code
P0308

Communication service

Purpose of PaymentPurpose Code
Postal services
Purpose Code
P0401
Courier services
Purpose Code
P0402
Telecommunication services
Purpose Code
P0403
Satellite services
Purpose Code
P0404

Construction service

Purpose of PaymentPurpose Code
Receipts for cost of construction of services projects in India
Purpose Code
P0501

Insurance service

Purpose of PaymentPurpose Code
Receipts of life insurance premium
Purpose Code
P0601
Receipts of freight insurance – relating to import and export of goods
Purpose Code
P0602
Receipts on account of other general insurance premium
Purpose Code
P0603
Receipts of reinsurance premium
Purpose Code
P0604
Receipts on account of auxiliary services {commission on insurance)
Purpose Code
P0605
Receipts on account of settlement of claims
Purpose Code
P0606

Financial services

Purpose of PaymentPurpose Code
Financial intermediation except investment banking – bank charges, collection charges, LC charges, cancellation of forward contracts, commission on financial leasing, etc
Purpose Code
P0701
Investment banking – brokerage, underwriting commission, etc
Purpose Code
P0702
Auxiliary services – charges on operation and regulatory fees, custodial services, depository services, etc
Purpose Code
P0703

Computer and information services

Purpose of PaymentPurpose Code
Hardware consultancy
Purpose Code
P0801
Software implementation/consultancy (other than those covered in SOFTEX form)
Purpose Code
P0802
Data base, data processing charges
Purpose Code
P0803
Repair and maintenance of computer and software
Purpose Code
P0804
Mews agency services
Purpose Code
P0805
Other information services – subscription to newspapers, periodicals, etc
Purpose Code
P0806

Royalties and license fees

Purpose of PaymentPurpose Code
Franchises services – patents, copy rights, trademarks, industrial processes, franchises, etc
Purpose Code
P0901
Receipts for use, through licensing arrangements, of produced originals or prototypes (such as manuscripts and films)
Purpose Code
P0902

Other business services

Purpose of PaymentPurpose Code
Merchanting services – net receipts (from sale and purchase of goods without crossing the border)
Purpose Code
P1001
Trade related services – commission on exports/imports
Purpose Code
P1002
Operational leasing services (other than financial leasing and without operating crew) including charter hire
Purpose Code
P1003
Legal services
Purpose Code
P1004
Accounting, auditing, bookkeeping and tax consulting services
Purpose Code
P1005
Business and management consultancy and public relations services
Purpose Code
P1006
Advertising, trade fair, market research and public opinion polling services
Purpose Code
P1007
Research and development services
Purpose Code
P1008
Architectural, engineering, and other technical services
Purpose Code
P1009
Agricultural, mining and on-site processing services – protection against insects and disease, increasing of harvest yields, forestry services, mining services like analysis of ores, etc
Purpose Code
P1010
Inward remittance for maintenance of offices in India
Purpose Code
P1011
Distribution services
Purpose Code
P1012
Environmental services
Purpose Code
P1013
Other services not included elsewhere
Purpose Code
P1019

Personal, cultural and recreational services

Purpose of PaymentPurpose Code
Audio-visual and related services – services and associated fees related to production of motion pictures, rentals, fees received by actors, directors, producers, and fees for distribution rights
Purpose Code
P1101
Personal, cultural services such as those related to museums, libraries, archives and sporting activities and fees for correspondence courses of Indian universities/institutes
Purpose Code
P1102

Government, not included elsewhere

Purpose of PaymentPurpose Code
Maintenance of foreign embassies in India
Purpose Code
P1201
Maintenance of international institutions such as offices of IMF mission, World Bank, UNICEF etc, in India
Purpose Code
P1203

Transfers

Purpose of PaymentPurpose Code
Inward remittance from Indian non-residents towards family maintenance and savings
Purpose Code
P1301
Personal gifts and donations
Purpose Code
P1302
Donations to religious and charitable institutions in India
Purpose Code
P1303
Grants and donations to governments and charitable institutions established by the governments
Purpose Code
P1304
Receipts/refund of taxes
Purpose Code
P1306

Income

Purpose of PaymentPurpose Code
Compensation of employees
Purpose Code
P1401
Inward remittance towards interest on loans extended to non-residents (ST/MT/LT loans)
Purpose Code
P1403
Inward remittance of interest on debt securities – debentures/bonds/FRNs, etc
Purpose Code
P1404
Inward remittance towards interest receipts of ADs on their own account (on investments.)
Purpose Code
P1405
Repatriation of profits to India
Purpose Code
P1406
Receipt of dividends by Indians
Purpose Code
P1407

Others

Purpose of PaymentPurpose Code
Refunds/rebates on account of imports
Purpose Code
P1501
Reversal of wrong entries, refunds of amount remitted for non-imports
Purpose Code
P1502
Remittances (receipts) by residents under international bidding process
Purpose Code
P1503
Receipts below $10,000 (say Rs 5,00,000)
Purpose Code
P1590

Important information