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Currency Exchange in Pune
Best Foreign Currency Exchange in Pune
Currency exchange in Pune receives a high demand due to a large number of overseas traveller footfall in the city. There are various popular localities in Pune where you can find currency exchange effortlessly through local money changers.
You can easily find foreign currency exchange in Pune in localities and areas such as Hinjewadi, East Street Galeria, Deccan Gymkhana, Karve Road, Kalyani Nagar and many others. Currency exchange is also available via the online forex platform of MakeMyTrip powered by BookMyForex. On the online platform, you can exchange up to 40 currencies from different countries and go for the exchange at competitive rates against local exchange providers.
How to Identify Genuine Foreign Currency Notes in Pune
When going for currency exchange in Pune, look out for the following features to identify authentic currency notes.
Watermark: Hold the currency note against the light to view watermarks, embedded on it related to primary symbols or portraits on the note.
Microprinting: Look for fine microprinting of texts, letters, numbers or portraits which can be visible on close observation. They carry sharp features, which often remain absent or faded on fake notes.
Raised printing: The printing of text, portraits or numbers on the note, which is authentic, is often found in raised ink with a rough texture, which is often flat on fake notes.
Security thread: Check out if your currency note has fine security threads inserted within its thinness with patterns or texts on it, which can be visible against the light.
Print Clarity and Texture: Authentic notes often carry high print clarity with defined colors. You can also feel their crispness when folding. In fake notes, the color patterns are often uneven with blurred edges.
Major Areas and Markets in Pune to Buy Foreign Currency
Check out some popular areas and markets where you can go for currency exchange in Pune with the accessible presence of various local exchange providers.
Deccan Gymkhana: You can find convenient access to currency exchange in Pune at this popular locality of the city that is well connected to various other parts.
East Street Galeria: East Street Galeria is a popular transit point for various visitors in the city and is also known to several currency exchange providers.
Dhole Patil Road: The locality is located pretty close to the Pune airport and is also known for various providers of currency exchange in the city.
Hinjewadi: You can find easy options for currency exchange in Hinjewadi Pune, which is a popular destination for travelers in the city. It is also a prominent commercial and business hub.
Aundh: If you are in this posh residential locality, you can easily spot foreign currency exchange in Aundh Pune, which makes travelling convenient for overseas visitors.
You can also find currency exchange in Pune at the following places-
Rasta Peth
Koregaon Park
Kalyani Nagar
Karve Road
Kolkata Galli
What are the Most Famous Places in Pune?
Apart from currency exchange in Pune, following are the popular places to visit when in the city.
Aga Khan Palace
Shaniwarwada
Osho Ashram
Lal Mahal
Some other famous tourist places of the city are -
Sinhagad Fort
Pashan Lake
Raja Dinkar Kelkar Museum
Towns and Cities Near Pune
Matheran: Matheran is a rare vehicle-free slope station that is located about eighty kilometers from Pune and is a tourist hotspot in the region.
Lonavala: Lonavala is a neighbouring hill station of the city, known for its stunning view of the Shayadri Ranges and is situated about 64 kilometers from here.
Kamshet: Kamshet is a weekend getaway destination about 45 km from Pune and is known to attract a lot of visitors annually.
Lavasa: Lavasa is the first privately planned city of India about 57 kilometers from Pune, known for its quiet ambience and panoramic hills.
Khandala: The picturesque beauty of Khandala is worth capturing. If you are looking for tourist destinations near Pune for a day long trip.
Here are some other cities and towns located near Pune -
Panchgani
Mahabaleshwar
Badlapur
Satara
Neral
Nearest Airports to Pune
The Pune International Airport , also called the Lohegaon Airport, is the nearest international airport located by the city and about 10 kilometres from the centre. It is the primary airport serving international airways traffic to and from the city.
Best Way to Carry Foreign Currency in Pune
The smartest way to travel is to keep both convenience and safety in mind.
Currency Notes in Pune
You can choose currency notes as your preferred medium of exchange when availing currency exchange in pune via the online portal of MakeMyTrip powered by BookMyForex. Sufficient availability of cash secured through current currency notes enables easy overseas transactions in places where digital payments are not acceptable, such as during local transport or small purchases.
Forex Card in Pune
With the Multi-Currency Forex Travel Card from MakeMyTrip powered by BookMyForex, you can load currency with zero percent forex markup against interbank rates. It also enables easy travel to various overseas destinations as you can load multiple currencies on a single card.
Exchange Currency with MakeMyTrip powered by BookMyForex in Pune
Follow a few simple steps to complete currency exchange in Pune via the online platform of MakeMyTrip powered by BookMyForex.
- STEP 01
Choose Pune as your city of preference from the drop-down menu.
- STEP 02
Then, select a foreign currency that you want to exchange digitally.
- STEP 03
Choose your preferred medium between forex card and currency notes.
- STEP 04
Fill in the forex amount and check the converted value on the screen.
- STEP 05
Also, check the live rates and check price online for an informed decision regarding currency exchange in Pune.
- STEP 06
Review all the entries and complete booking of your forex buy or sell order.
Buying or Selling Foreign Currency at Local Money Changers in Pune
Go for foreign currency exchange in Pune locally only if you find an Authorised Dealer Category II or a licensed exchanger situated in a commercial or popular area.
Cons of Local Money Changers
Rate Negotiation
With local money changers, you will often have to negotiate the exchange rate with the final pricing based on choice of currency, its availability and demand.
Time-Consuming Process
Forex services can also be time-consuming with local exchangers as you would need to compare the existing rates from one provider to another, go for price negotiations, run manual checks and ensure such aspects.
High Costs at the Airport
If you exchange currency at the Pune airport, you will likely be doing so at a higher forex rate than in the city as the forex counters and kiosks here bear high operations costs. Also, as there is hardly any competition at the airport, the forex rates are usually high.
Comparison with Online Forex Platforms
Currency exchange in Pune through online forex platforms such as MakeMyTrip powered by BookMyForex remain largely beneficial due to the best rates of currency exchange in Pune available here. These forex services are completely online and do not require any in-person visits. You can also choose between currency notes and forex cards to exchange.
Different Purposes for Exchanging Currency
Overseas Education - To go for overseas education, you can exchange currency up to USD 30,000 by providing the cost estimates or fee structure from the overseas educational institution.
Employment - In the case of overseas employment, you can provide a letter of employment or a contract agreement to exchange currency up to USD 5,000.
Emigration - If you are a valid emigration visa holder, you are allowed to exchange currency up to USD 5,000.
Gift and Donation - In the case of residents, remittance of foreign currency in the form of gift or donation is limited up to USD 5,000 annually under self-certification.
Medical Treatment - You can exchange foreign currency up to USD 50,000 for medical treatment abroad based on self-certification. To exchange currency over this value, you would need to provide the cost estimate from the hospital.
Buy and Sell Foreign Currency Online at Best Exchange Rates in Pune
The digital forex platform of MakeMyTrip powered by BookMyForex provides easy, online currency exchange in Pune with rate transparency that finds favour among professionals and travellers. Check out some benefits of currency exchange on the platform
Online Convenience
You can complete the process of currency exchange in Pune with a fully digitized process that does not require any personal visit. The forex order can also be placed 24x7 and product delivery can be scheduled as required.
Real-time Rates
The online platform also reflects the live rates in real-time for online viewing, thus ensuring rate reliability, also bringing the best currency exchange rates in Pune. This eliminates the chances of uncertainty and rate determination as per pricing estimates.
Transparent Pricing
You can also be assured of transparent pricing of the exchange, which is visible upfront with 0 hidden fees.
Zero or Low Markup
When availing forex cards from the online platform, you can be sure of zero mark up against interbank. For other forex products, the markup is also low, making currency exchange affordable.
Digital currency exchange here also comes with doorstep delivery across different Indian cities, locking in of exchange rates, exchange available for more than 40 currencies.
Home Delivery of Foreign Currency in Pune
You can get home delivery of foreign currency exchange in Pune through the online forex platform. The service of currency notes home delivery is available for select addresses across the city only though. So, make sure your address qualifies in the list before ordering currency notes exchange on the platform.
Other currencies to INR Conversion
Frequently Asked Questions (FAQs) About Forex Services in Pune
How do I get cashback after currency conversion in Pune?
Find out more about the cashback by clicking here.
Where to exchange currency in Pune?
Go for currency exchange via local money changers or through the online forex platform of MakeMyTrip powered by BookMyForex.
Can I exchange currency at Pune airport?
Yes, currency exchange is available at Pune airport, although at a higher forex rate than in the city.
Which is the best place to exchange currency in Pune?
The online forex platform is clearly the best place to exchange currency in Pune because you can exchange currency here at any time and from anywhere. Currency exchange on the platform is also completely transparent with live rates and zero hidden fees.
How to exchange currency in Pune?
You can exchange currency in Pune simply through the online forex portal by selecting your city, the currency you need to exchange, then checking the converted value and placing your forex buy or sell order.
What is the cheapest way to exchange currency in Pune?
The cheapest way to exchange currency is to use the platform that offers competitive rates with complete cost transparency, no hidden fees and 0 forex markup such as the online platform of MakeMyTrip powered by BookMyForex.
Can I lock today's exchange rate and pay later?
Yes, when booking currency on the online platform, you can lock today's exchange rate and get your currency exchanged at the same rate later for up to 3 days of booking.
What documents do I need to buy forex?
Some necessary documents you would need to buy forex in Pune include passport, a valid ID proof, a valid visa and airline tickets.
Is my data safe when I upload documents?
Yes, when uploading your documents on the online forex portal for currency exchange, your data remains completely safe.
What if I receive a counterfeit note?
In case you receive a counterfeit note during currency exchange in Pune, you must inform the authorised personnel and immediately return the note to them. To avoid receiving such notes, go for currency exchange with reliable platforms such as MakeMyTrip powered by BookMyForex.
How fast will I get a refund if I cancel my order?
If you cancel your order for currency exchange placed via the online forex platform, you can expect to get a refund within 7 to 21 working days as per the applicable policies.