There are no restrictions on the amount of foreign currency or travelers’ cheques a tourist may import, provided a Declaration Form is completed on arrival, This will facilitate the exchange of imported currency as well as the export of unspent currency on departure.

• Cash, bank notes and travelers’ cheques up to US$10.000 or equivalent need not be declared at the time of entry. Any money in the form of travellers’ cheques, drafts, bills, cheques, etc. which tourists wish to convent into Indian currency should be exchanged only through authorised money changers.
• Keep the receipt with you. At the time of deperature, when you leave India and would like to change the unspent Indian Rupees to foreign currency you would need the receipt. Banking facilities, for the conversion of rupees into foreign currency are usually located in the same airport hall as the check-in counters. Its best to access these facilities before immigration as they are not available thereafter.
• Tourists are warned that changing money through unauthorised persons is not only illegal but also involves the risk of receiving counterfeit currency. To exchange foreign money other than through banks or authorised money changers is an offence. Please note that no Indian currency whatsoever can be imported or exported, except for Rupee travellers’ cheques. Banks abroad do keep Rupee balances with their agents in India and are able to draw upon these balances to issue Rupee travellers’ cheques to intending tourists.
• There are 24 hour exchange facilities available at all big cites and international airports

MasterCard, American Express, Diners Club and Visa are accepted. Check with your credit or debit card company for details of merchant acceptability and other services which may be available.

On the basis of credit card some money changers also issue cash. But beware it is against a high cost. It is sometimes as high as 12%.

These are widely accepted and may be changed at banks.
Addresses in India for Traveler's Cheques & Credit Cards

Monday -Friday 10:00-14: 00; Saturday 10:00-12:00.

For current exchange rate please visit:
Yahoo Currency Converter
OANDA Currency Converter

In big cities ATM are becoming common. These ATM's issue cash to cards like mastercard, visa and cards with the cirrus facility, (look on your card for the CIRRUS logo . For cities with ATM facilities visit:

ATM facilities in India