irmPurposeCode field.
Export transactions most commonly use category 01 codes, for example
P0101 for negotiated export bills and P0103 for advance receipts.Purpose codes by category
01 - Exports (of Goods)
01 - Exports (of Goods)
02 - Transport
02 - Transport
03 - Travel
03 - Travel
05 - Construction
05 - Construction
06 - Insurance and Pension
06 - Insurance and Pension
07 - Financial Services
07 - Financial Services
08 - Telecom, Computer and Information Services
08 - Telecom, Computer and Information Services
09 - Intellectual Property
09 - Intellectual Property
10 - Other Business Services
10 - Other Business Services
11 - Personal, Cultural and Recreational Services
11 - Personal, Cultural and Recreational Services
12 - Government n.i.e.
12 - Government n.i.e.
15 - Others
15 - Others
16 - Maintenance and Repair Services
16 - Maintenance and Repair Services
17 - Manufacturing
17 - Manufacturing
Usage guidelines
For eBRC applications
For eBRC applications
- Use the appropriate purpose code when filing eBRC (Electronic Bank Realisation Certificate) applications
- Ensure the purpose code matches the actual nature of the foreign exchange transaction
- Refer to RBI guidelines for detailed descriptions of each code
Code format
Code format
- Main categories are numbered (01, 02, 03, etc.)
- Specific purpose codes follow the format P0XXX
- Some entries above summarize a range (e.g., P0214-P0226); refer to the linked RBI source for each individual code within a range
Important notes
Important notes
- Purpose codes are mandatory for all foreign exchange transactions
- Incorrect purpose code selection may lead to regulatory issues
- Always refer to the latest RBI circulars for any updates to these codes
Used by
irmPurposeCodein the Push IRM request fields- Submit IRMs for eBRC Generation
- The IRM Purpose Code column in Bulk Upload via Excel