Which purpose codes are in group 00, Capital and Financial Account?

RBI's receipt purpose list carries 26 codes in group 00: P0001, P0002, P0003, P0004, P0005, P0006, P0007, P0008, P0009, P0010, P0011, P0012, P0013, P0014, P0015, P0016, P0017, P0019, P0020, P0021, P0022, P0024, P0025, P0028, P0029, P0099. Capital and investment flows: asset sales, capital transfers, direct and portfolio investment, loans, deposits, derivatives and external assistance.

Can a remittance under a group 00 code become an eBRC?

No, as a rule. RBI places P0001 outside both the exports of goods (group 01) and the service groups, so the money is not proceeds of an export, and an eBRC certifies export proceeds. DGFT's eBRC guidelines do not name P0001. If the payment was in fact for goods or services you exported, the classification is wrong, and the bank that reported it is the one to correct it. The same holds for every code in group 00; each code's page on ebrc.in states the rule that applies.

Who chooses the group 00 purpose code on a remittance?

The AD bank that receives the payment. It reports the remittance to the RBI with the code that describes it, and that report is the IRM the eBRC is generated from. A code that looks wrong is corrected through the bank.

Capital and Financial Account purpose codes

Group 00 of RBI’s receipt purpose codes, Capital Account; Financial Account, carries 26 codes. Capital and investment flows: asset sales, capital transfers, direct and portfolio investment, loans, deposits, derivatives and external assistance.

Group 0026 codesRBI receipt purposes

Foreign Portfolio Investment

Code	RBI wording	eBRC on DGFT
P0001	Repatriation of Indian Portfolio investment abroad in equity capital (shares)	Not an export receipt
P0002	Repatriation of Indian Portfolio investment abroad in debt instruments.	Not an export receipt
P0009	Foreign Portfolio Investment made by overseas Investors in India in equity shares	Not an export receipt
P0010	Foreign Portfolio Investment made by overseas Investors in India in debt Instruments.	Not an export receipt

Foreign Direct Investment

Code	RBI wording	eBRC on DGFT
P0003	Repatriation of Indian Direct investment abroad (by branches & wholly owned subsidiaries and associates) in equity shares	Not an export receipt
P0004	Repatriation Indian Direct investment abroad (by branches & wholly owned subsidiaries and associates) in debt instruments	Not an export receipt
P0005	Repatriation of Indian investment abroad in real estate	Not an export receipt
P0006	Foreign Direct Investment made by overseas Investors in India in equity shares	Not an export receipt
P0007	Foreign Direct Investment made by overseas Investors in India in debt instruments.	Not an export receipt
P0008	Foreign Direct Investment made by overseas Investors in India in real estate	Not an export receipt

External Commercial Borrowings

Code	RBI wording	eBRC on DGFT
P0011	Repayment of loans extended to Non-Residents	Not an export receipt
P0012	Long & medium term loans, with original maturity of above one year, from Non-Residents to India (External Commercial Borrowings)	Not an export receipt

Short term credits

Code	RBI wording	eBRC on DGFT
P0013	Short term loans with original maturity upto one year from Non-Residents to India (Short-term Trade Credit)	Not an export receipt

Banking Capital

Code	RBI wording	eBRC on DGFT
P0014	Receipts o/a Non-Resident deposits (FCNR(B)/NR(E)RA, etc.) {ADs should report these even if funds are not "swapped" into Rupees}	Not an export receipt
P0015	Loans & 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)	Not an export receipt
P0016	Purchase of a foreign currency against another currency.	Not an export receipt

Capital Account

Code	RBI wording	eBRC on DGFT
P0017	Receipts on account of Sale of non-produced non-financial assets (Sale of intangible assets like patents, copyrights, trademarks etc., land acquired by government, use of natural resources), Government	Not an export receipt
P0019	Receipts on account of Sale of non-produced non-financial assets (Sale of intangible assets like patents, copyrights, trademarks etc., use of natural resources), Non-Government	Not an export receipt
P0028	Capital transfer receipts (Guarantee payments, Investment Grant given by the government/international organisation, exceptionally large Non-life insurance claims including claims arising out of natural calamity) - Government	Not an export receipt
P0029	Capital transfer receipts ( Guarantee payments, Investment Grant given by the Non-government, exceptionally large Non-life insurance claims including claims arising out of natural calamity), Non-Government	Not an export receipt
P0099	Other capital receipts not included elsewhere	Not an export receipt

Financial Derivatives and Others

Code	RBI wording	eBRC on DGFT
P0020	Receipts on account of margin payments, premium payment and settlement amount etc. under Financial derivative transactions	Not an export receipt
P0021	Receipts on account of sale of share under Employee stock option	Not an export receipt
P0022	Receipts on account of other investment in ADRs/GDRs	Not an export receipt

External Assistance

Code	RBI wording	eBRC on DGFT
P0024	External Assistance received by India e.g. Multilateral and bilateral loans received by Govt. of India under agreements with other govt. / international institutions.	Not an export receipt
P0025	Repayments received on account of External Assistance extended by India	Not an export receipt

Where the wording and the rules come from

The wording in the table is RBI’s, from the receipt purpose list in Annex I to A.P. (DIR Series) Circular No. 84 dated 29 February 2012, the list Authorised Dealer banks report foreign exchange receipts against. The eBRC column is DGFT’s, from its General Guidelines for Generating eBRC (last updated 26 March 2024), and each code’s page quotes the rule behind its entry. How the purpose code is checked when a remittance is mapped is in RBI purpose codes on your eBRC.