🌀 RBI Goes Digital! PRAVAAH Portal Now Mandatory for Applications from May 1, 2025 🚀

📢 Big News for Financial & Business Professionals! The Reserve Bank of India (RBI) has made it official: from May 1, 2025, all applications for regulatory approvals, authorizations, and licenses must be submitted through the PRAVAAH portal only.

🌐 Say goodbye to paperwork and hello to PRAVAAH – Platform for Regulatory Application, Validation, and Authorization – RBI’s centralized, secure, and streamlined digital interface.

🔍 What is PRAVAAH?

💡 Introduced in May 2024, PRAVAAH is a game-changing digital platform that:

Digitizes and simplifies regulatory filings 📄
Enhances transparency and accountability 🔍
Accelerates decision-making timelines ⏱️

👉 From just 60 forms at launch to 108+ forms now, it’s rapidly expanding!

🌟 Key Features at a Glance

✅ Online Filing – Submit applications anytime, anywhere
✅ Real-time Status Tracking – No more guesswork!
✅ Centralized Communication – Faster clarifications and updates
✅ Uniform Process – Applicable across departments, saving time and hassle

📅 Mandatory from May 1, 2025 – What You MUST Know

🔐 As per RBI’s circular dated April 11, 2025, all regulated entities (REs) and applicants must use the PRAVAAH portal.

📋 In case your form is not listed, you can use the General Purpose Form within PRAVAAH.

💡 Already, 3,000+ applications have been smoothly processed via the portal!

🛑 Exceptions? Only in Special Cases

🧓 For individuals/public users who are unable to access PRAVAAH due to tech limitations, manual applications are allowed. However, RBI will internally process them via PRAVAAH and update you accordingly.

📂 Key Applications by Foreign Exchange Department (FED)

Here are 18 application types (examples) that MUST go through PRAVAAH:

📝 Addendum to compounding application
💸 Remittance approvals beyond prescribed limits
🏠 Acquisition/Sale of Immovable Property abroad
💼 Opening Special Rupee Vostro Accounts
📑 Regulatory approvals under FEMA
🏢 Setup of Liaison/Branch/Project Offices in India
… and many more!

🚀 Why This Matters for You

The shift to PRAVAAH is not just a compliance requirement – it’s a chance to embrace faster, smoother, and smarter regulatory interactions with India’s central bank.

👩‍💼 Whether you’re a business owner, CFO, banker, or startup founder – getting PRAVAAH-ready is the future of financial governance!

📞 Need Help with RBI Filings or PRAVAAH Portal Setup?
📲 Call us: +91 76784 56921
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