Currency is the Indian Rupee (Re/Rs). Since you are not allowed to
bring in Indian currency, your best option is the airport bank.
Indian Rupee notes are printed in denominations of Rs 1000, 500,
100, 50, 20, and 10. The Rupee is divided into 100 Paise. You will
see only 1, 2, 5 Rs coins, though coins below 50 paisa are rarely
You should keep small denominations notes for the small payments
like tips, bus tickets, and meals. When going to a remote area or
small town where encashing of travellers cheque will be difficult
you can take 1000 Rs and 500 Rs notes, but you should be careful
when using them and should not be confused with 100 Rs.
Traveller's Cheques issued by reputable companies (eg Thomas Cook,
American Express) are accepted without difficulty. Traveler's
Cheques exchanged in banks or hotels, and can only very rarely be
used directly for Payment. You need identification documents like
a passport to be shown. Except in hotels, encashing Traveler's
Cheques nearly always takes up to 30 minutes or longer, So it is
worth taking larger denomination Traveler's Cheques and changing
enough to last for some days. Banks accept both Dollar and
sterling. Other major currency Traveler's Cheques are also
accepted in some larger cities. If you are traveling to remote
areas it is advised that you buy Indian Rupee Traveler's Cheques
from a major bank, as these are more widely accepted than foreign
Major credit cards are increasingly accepted in the main centers,
though in smaller cities and towns it is still rare to be able to
pay by credit card. Visa and Master Card have a growing number of
ATMs in major cities, but many ATMs only deal with local account
holder. HDFC bank have the facility of withdrawing money from you
overseas account. You can use their ATM m/s to withdraw money in
Indian Rupee, presently there branches are in Jaipur, Jodhpur and
Udaipur only in Rajasthan. Railway Reservation center 17 major
cities are now taking payment for train tickets by visa card which
can be very quick as the queue is very short.
Don't run out of money in India unless you have a credit card
against which you can draw traveller's Cheques or cash. You can
also use HDFC ATM facility to withdraw money from your overseas
account, but there is a limit of Rs 15,000 in a day. Having money
transferred through the banking system can be time consuming. It's
usually straightforward if you use a foreign/private banks
elsewhere it may take a fortnight and will be a hassle.
You can also use Western Union for money transfer and they are
having agents in Rajasthan.
foreign exchange dealers
Name of some of the banks dealing in the foreign exchange:
Nr. P. L. Motors, MI Road, Jaipur.
Tel No.0141-2333333 Fax No.0141-2333333
Email No. firstname.lastname@example.org
Branches: No branches
0-19A, Ashok Marg, C-scheme, Jaipur
Tel No.0141-2371778 Fax No.0141-2333333
Email No. email@example.com
Branches: Jodhpur & Udaipur
Shree Towers, Subhash Marg, C-scheme, Jaipur.
Tel No.0141-2367230 Fax No.0141-2361992
Email No. firstname.lastname@example.org
Jaipur Towers, MI Road, Jaipur
Tel No.0141-2360940 Fax No.N/A
Email No. N/A