Purpose code for Adsense Income in India (as per RBI Instructions)

Google Adsense has started EFT (Electronic Funds Transfer) in India. Most of the publishers were waiting for that. But this EFT transfer came with a number of new things. One of them is the purpose code. 

The purpose code for Google Adsense payment is P1007. You can verify it from the following RBI (Reserve Bank of India) document which shows a list of all purpose codes used for FOREX transactions.

RBI Purpose Codes : Read More

Following link of a Google forum also verifies the Purpose code that i have provided you.

Google Forum about Purpose Code for Adsense PaymentRead More

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