Where is best exchange rate in Chennai?

BookMyForex offers Best foreign exchange Rate in Chennai, Join World’s No. 1 Foreign Exchanger Service. Get best rates for currency exchange in Chennai online. Just book at Live Rates online & get forex door delivered.

How can I get US dollar in Chennai?

Where to Get Best US Dollar Rates in Chennai? BookMyForex offers best online Dollar rate in Chennai and across all its major neighbourhoods including Chennai Airport, Egmore, Pallavaram, Tambaram, Nungambakkam, T Nagar, Velachery, Old Mahabalipuram Road(OMR), Adyar, & Anna Nagar.

Where can I exchange rupees for dollars in Chennai?

Partner Money Exchangers in Chennai

  • Muthoot Forex.
  • Transcorp.
  • Capital India.
  • Travel Tours.
  • Zenith Forex.
  • Unimoni.
  • Gowri Forex.
  • Weizmann Forex.

Which bank is best for forex transaction?

List of Top Forex Cards in India

  • ICICI Bank Student Forex Prepaid Card.
  • Axis Bank World Traveller Forex Card.
  • State Bank Multi-Currency Foreign Travel Card.
  • IndusInd Bank Multi-Currency Travel Card.
  • ICICI Bank Sapphiro Forex Prepaid Card.
  • Goibibo ICICI Bank Forex Prepaid Card.
  • ICICI Bank Coral Prepaid Forex Card.

Can I exchange currency at Chennai airport?

There is a currency exchange service at the airport, ofcourse, and operates 24hrs.

What is a forex card?

A forex card is a type of prepaid card in which you can load money in foreign currency. It is globally accepted, and you can either pay for your expenses using your forex card or withdraw cash in foreign currency at an ATM. Forex cards are largely divided into two types – single currency cards and multicurrency cards.

What is dollar rate in Chennai today?


Buy USD Currency ₹82.59
Buy USD Forex Card ₹82.09
Sell USD Currency ₹81.09
Remit US Dollar ₹81.84

Can I exchange currency in Chennai airport?

Which is the cheapest forex card in India?

Yes bank multi-currency travel forex card is a good option for those people who plan to visit multiple destinations abroad and don’t want to spend more money on card issuance fee. This forex card charges Rs. 125 for issuance which is the lowest among all the forex cards in India.

Can I transfer money from forex card to bank account?

One of the best features of a Forex Card is the ease with which you can transfer money from your Forex Card to a bank account. Forex Cards usually have a validity of three to five years. You can simply retain leftover funds for your next trip or easily transfer it back to your bank account.

Is it cheaper to exchange money at airport or bank?

Currency exchange shops and kiosks in airports are not the best places to exchange money. For the best rates, try a local bank or a bank ATM to make your currency exchanges.

How much money can you exchange at airport?

You can bring into India foreign exchange without any limit. If, however, the value of foreign currency in cash exceeds US$ 5,000 and/or the cash plus TCs exceed US$ 10,000 it should be declared to the customs authorities at the airport in the currency declaration form (CDF), on arrival in India.

Can I withdraw cash from my forex card?

You can use the Forex Card to withdraw cash from any VISA/VISA Plus / Mastercard ATMs overseas. Just insert the card, select Checking/Current Account on the screen, and follow the instructions. Enter your PIN and indicate the amount you want to withdraw in the local currency.

How can I transfer money from forex to bank account?

Visit the bank branch that issued your Forex card or a financial institution.

  1. Send your proof of identity and your passport and bank account number.
  2. If a Forex card is leftover, you will transfer the balance of your forex card to your bank account.
  3. Transfer funds via NEFT by submitting and cancelling a check.

When was 1 dollar is equal to 1 rupee?

15th August 1947

On 15th August 1947 the exchange rate between Indian rupee and US Dollar was equal to one (i.e., 1 $= 1 Indian Rupee).

What is Chennai currency?

The currency of India is known as ‘Rupee’ and it is widely accepted in the Chennai city of Tamil Nadu. One rupee is equal to 100 paisa. The currency is available in the form of notes as well as coins.

Can I withdraw cash from forex?

What are the disadvantages of forex card?

Forex Card or Cash? Or should I use my credit card or debit card?

Parameters Forex Card Cash
Disadvantages Nil • Vulnerable to theft. • Difficult to carry around. • Value could decline due to fluctuations. • Hefty charges if used for currency exchange. • Hard to get lost or stolen cash back.

What is the limit of forex card?

Your Forex Card needs be loaded with an amount that is in compliance with RBI and FEMA regulations. As per those regulations, travellers can carry up to US$ 2,50,000 or equivalent worth of forex abroad in one financial year.

What is the cheapest way to exchange currency?

Local banks and credit unions usually offer the best rates. Major banks, such as Chase or Bank of America, offer the added benefit of having ATMs overseas. Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services.

What is the best place to exchange money?

The best place to exchange foreign currency in the U.S. is at your local bank or credit union before you leave for your trip.

How much INR can I carry from India?

A resident of India, who has gone out of India on a temporary visit may bring into India at the time of his return from any place outside India (other than Nepal and Bhutan), currency notes of Government of India and Reserve Bank of India notes up to an amount not exceeding Rs. 25,000.

What documents are required for money exchange?

Documents Required for Money Exchange

  • A valid passport.
  • A valid VISA for the country you want to travel.
  • Confirmed ticket (travel within 60 days once got the exchanged currency)
  • PAN card.
  • Aadhar card.

How do I transfer money from forex to bank account?

How much dollars is 1 crore?

10,000,000/40 or 250,000 dollars .