Remittance

Liberalised Remittance Scheme (LRS): LRS Meaning? Easy Explanation - Jupiter

By Jupiter Team · November 25, 2022

Sending money overseas? Understand RBI's Liberalised Remittance Scheme before sending money abroad. Learn LRS Scheme history and maximum limit.

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Products on our Platform	Role of Partner
Bank and Deposit Accounts	AFTPL through its brand Jupiter has partnered with Federal bank to offer Savings Bank accounts, Fixed and Recurring Deposits to consumers.
Cards	AFTPL through its brand Jupiter is a marketplace which promotes co-branded cards distributed by Europa Neo Marketing Pvt Ltd in partnership with Federal Bank & CSB Bank. Cards are issued by the bank as per policy of the bank.
Loans	AFTPL through its brand Jupiter has partnered with the following NBFC’s Amica Finance Private Limited & Kisetsu Saison Finance (India) Private Limited to provide lending products to consumers.
Mutual Funds	AFTPL through its brand Jupiter has partnered with AIAPL to provide mutual funds to consumers
Digital Gold	AFTPL through its brand Jupiter has partnered with MMTC-PAMP to provide Digital Gold products to consumers.
Health Insurance	AFTPL through its brand Jupiter has partnered with Onsurity to provide Health Insurance Products to consumers.
Gift Cards	AFTPL through its brand Jupiter has partnered with Pine Labs to provide Pre Paid Gift Card Products to consumers.

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The savings account, bank deposits and cobranded VISA Debit Card are issued by Federal Bank - a scheduled commercial bank. All funds in the account are insured up to approved limits by DICGC. Your Savings Account and bank deposits are hosted by our partner bank and follows all security standards prescribed by the bank/regulator. Co-branded Credit Cards : AFTPL through its brand Jupiter is a marketplace and promotes co-branded cards distributed by Europa Neo Marketing Pvt Ltd in partnership with the following issuers: Federal Bank and CSB Bank. Approval of your credit card application is subject to issuer banks eligibility criteria. 'Jupiter' itself is not a bank and doesn't hold or claim to hold a banking license. Your money is always safe with our partner bank. Amica Investment Advisers Private Limited, is a SEBI registered Investment Adviser - INA000015507 and an AMFI Registered CAT-1 Execution only Platform (EOP) with registration number CAT-1 EOP-0005. Mutual Funds investments are subject to market risks, read all scheme related documents carefully. Past performance is not an indicator for future returns.

Remittance

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