1. How much currency can be availed in exchange of cash?
One can buy forex equivalent to 50,000 INR by paying by cash. For amounts higher than 50,000 INR, the amount has to to be transferred to the exchange house's account by NEFT/RTGS. Some provide payment gateway facility also.
2. What are the documents required for getting foreign currency exchange?
For buying foreign currency: Copies of passport, confirmed air ticket and visa.
For selling foreign currency: Any valid photo ID proof such as passport/adhar/voters id/driving license and pan card.
3. Is Pan card necessary for selling forex?
Most money changers insist if the exchange is above INR 25000.
4. How much time will take to deliver the currency?
If the money changer receives the payment before 12 noon, you will get the currency delivered the same day itself. If not the next day.