Gift in Rupees to NRI/PIO close relatives permitted, credited to NRO account within remittance scheme limits. An individual resident may gift rupees to an NRI/PIO close relative by crossed cheque or electronic transfer, credited to the recipient's NRO account and treated as eligible credit, provided the gift is within the overall per financial year limit under the Liberalised Remittance Scheme and the donor ensures aggregate LRS remittances/credits do not exceed that limit; a resident may also grant a rupee loan to an NRI relative by crossed cheque or electronic transfer subject to compliance with the Borrowing and Lending in Rupees regulations.