Central bank panel proposes monthly QR code payment limit at IRs100,000 for Nepalis in India

But the limit does not apply for payments to be made for services in hotels, hospitals and chemist shops in India.

A panel formed by Nepal’s central bank has suggested capping payments made via quick response (QR) code for Nepali nationals in India at IRs 100,000 (Rs160,000) per month, either in one go or cumulatively.