Lowest Exchange Rates
Being a Forex marketplace, every exchange house here tries to outbid others. Result, you get the best exchange rate in Delhi!
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Compare Rates offered by RBI authorized money changers in Delhi
Choose a money changer & book your order for forex card or currency
Submit the KYC documents & make the payment directly to the money changer
Collect the currency from the store or can request door delivery or pickup
Things to Note While Buying or Selling Foreign Currency in India
1. Purchase of foreign currency in India is restricted to Resident Indians for the purpose of foreign travel only.
2. You can carry foreign currency as cash or on a forex card, with a maximum of USD 3000 equivalent in cash and USD 247000 equivalent on a forex card per traveller.
3. It is recommended to carry 30% of your foreign currency requirement in cash and the remaining 70% on a forex card.
4. Cash payment for foreign currency is possible only up to INR 49,999; amounts higher than this must be done via bank transfer.
5. Payment for forex should come directly from the traveller’s savings account, not from a third party or from current/NRE/NRO accounts.
6. GST and TCS (if applicable) apply to all forex transactions. Use our GST Calculator & TCS Calculator to determine the exact amounts payable.
7. Verify the currency amount and its condition before leaving the counter or at the time of delivery.
8. Foreign currencies are subject to availability, so purchase your foreign currency at least 2 weeks in advance of your travel date.
9. Unspent balance on foreign currency and forex cards can be encashed after your return from your trip at the prevailing exchange rates.
*Aadhar and PAN must be linked
1. How can Extravelmoney find the best forex rates in Delhi?
Extravelmoney has tie-ups with all the leading RBI licenced money changers and banks in Delhi. Among these banks & money changers, there is reverse bidding happening at the back end. So each exchange house quotes the lowest possible rates to outbid others. Customers will eventually get the best possible rates in their area without needing to bargain.
2. How do I make the payment?
As per RBI rules, cash transactions are limited to INR 50,000. Amounts higher than 50,000 can be paid as NEFT/RTGS transfer to the chosen money changers account. Some money changers provide payment gateway facility also.
3. How much time will it take to deliver the currency?
You will get the currency delivered within two working days of making the payment. Alternatively, you can collect it directly from the store on the same day, provided currency is in stock.
4. How will I get the credit while selling foreign currency in hand?
If you are visiting the branch you can receive up to INR 50,000 in cash. If you are opting for door pick up or if the amount is more than INR 50,000, the money changer will give you a cheque or will transfer the amount directly to your bank account.
5. What’s the maximum amount of foreign currency one can carry from India?
USD 3,000 (or its equivalent in other foreign currencies) can be carried abroad in the form of currency notes and total USD 2,50,000 as Cash + Forex Card and or Traveller’s cheques.
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