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Currency Exchange in Pune
Best Foreign Currency Exchange in Pune
Currency exchange in Pune remains in steady demand due to the city’s strong business presence and regular international travel movement. You can easily find foreign currency exchange in Pune across several well-known localities through banks and local money changers.
Popular areas such as Hinjewadi, East Street Galleria, Deccan Gymkhana, Karve Road, and Kalyani Nagar are among the prominent locations where forex services are commonly available. You can also opt for foreign exchange in Pune through the online forex platform of MakeMyTrip powered by BookMyForex, where exchange for over 40 global currencies is available along with competitive rates compared to many 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:
Common Security Features
Watermark - Hold the currency note against the light to check for embedded watermarks of important symbols or portraits visible within the paper.
Microprinting - Observe the note closely for fine texts, letters, numbers, or portrait details printed in sharp microprint, which may appear unclear or missing on fake notes.
Raised Printing - Authentic currency notes usually feature raised printing on texts, portraits, or numbers, giving them a slightly rough texture when touched.
Security Thread - Check whether the note contains a thin security thread embedded within the paper carrying visible patterns or texts when viewed against light.
Print Clarity and Texture - Genuine notes generally have sharp print quality, clear colour definition, and a crisp texture. Fake notes may show blurred edges, uneven colours, or poor texture quality.
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 Galleria: East Street Galleria 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 nestled pretty close to the Pune Airport and is also known for housing various money changers in the city.
Hinjewadi: You can find easy options for currency exchange in Hinjewadi Pune, which is a popular destination for travellers 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
Shivaji Nagar
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 hill station near Mumbai and can be visited from Pune as a longer weekend getaway.
Lonavala: Lonavala is a neighbouring hill station of the city, known for its stunning view of the Sahyadri 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
Located approximately 10 kilometres from the city centre, Pune International Airport is the closest airport serving the city. It handles major flight operations connecting Pune with domestic and overseas destinations.
Why You Should Avoid Currency Exchange at Pune International Airport
The Pune International Airport currency exchange services are best avoided as they come with a number of drawbacks, like -
- The forex services at the airport are higher than with MakeMyTrip powered by BookMyForex since the cost of operations for airport forex counters and kiosks are high.
- At airports, there are often long queues for foreign exchange during rush hours.
- There may be a lack of transparency in forex pricing at airports as well.
- Plus, lack of competition for airport forex counters makes rates less customer-friendly.
As a better alternative, MakeMyTrip powered by BookMyForex offers currency exchange in Pune with transparent pricing, competitive forex rates and quick foreign currency buy/sell order processing.
Best Way to Carry Foreign Currency in Pune
Currency Notes in Pune
You can choose currency notes as your preferred medium of exchange when availing currency exchange in Pune through the online portal of MakeMyTrip powered by BookMyForex. Carrying sufficient cash in foreign currency enables convenient overseas transactions in places where digital payments may not be accepted, such as for local transport or small purchases.
Forex Card in Pune
With the Multi-Currency Forex Travel Card from MakeMyTrip powered by BookMyForex, you can load foreign currency with zero percent forex markup over interbank rates. It also enables convenient travel across multiple overseas destinations, as you can load several currencies onto 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 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 depending on the choice of currency, its availability, and demand.
Time-Consuming Process
Forex services with local exchangers can also be time-consuming, as you may need to compare rates across different providers, negotiate prices, conduct manual checks, and handle other such formalities.
Comparison with Online Forex Platforms
Currency exchange in Pune through online forex platforms such as MakeMyTrip powered by BookMyForex remains highly beneficial due to the competitive exchange rates 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 for 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 appeals to both 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 through a fully digitised 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 displays live rates in real time for online viewing, thus ensuring rate reliability while offering some of the best currency exchange rates in Pune. This eliminates uncertainty and helps in better rate estimation.
Transparent Pricing - You can also be assured of transparent pricing for the exchange, which is visible upfront with zero hidden fees.
Zero or Low Markup - When availing forex cards from the online platform, you can benefit from zero markup against interbank rates. For other forex products, the markup also remains low, making currency exchange affordable.
Digital currency exchange here also comes with doorstep delivery across different Indian cities, the option to lock in exchange rates, and exchange services available for more than 40 currencies.
Home Delivery of Foreign Currency in Pune
You can get home delivery for foreign currency exchange in Pune through the online forex platform. However, the home delivery service for currency notes is available only for select addresses across the city. Therefore, make sure your address falls within the serviceable areas before placing an order for currency note exchange on the platform.
Other currencies to INR Conversion
- USD to INR
- EUR to INR
- AED to INR
- THB to INR
- SGD to INR
- KWD to INR
- CHF to INR
- HKD to INR
- SAR to INR
- CAD to INR
- ZAR to INR
- AUD to INR
- JPY to INR
- GBP to INR
- NZD to INR
- MYR to INR
- VND to INR
- BHD to INR
- IDR to INR
- KRW to INR
- NOK to INR
- DKK to INR
- RUB to INR
- LKR to INR
- PHP to INR
- MUR to INR
- BDT to INR
- PLN to INR
Frequently Asked Questions about Currency Exchange in Pune
How do I get cashback after currency conversion online in Pune?
Find out more about the cashback by clicking here.
Where to exchange currency in Pune?
You can exchange currency through local money changers or via 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 the forex rates are generally higher than those available in the city.
Which is the best place to exchange currency in Pune?
The online forex platform is considered one of the best options for currency exchange in Pune because you can exchange currency at any time and from anywhere. The platform also offers complete transparency with live rates and zero hidden fees.
How to exchange currency in Pune?
You can exchange currency in Pune through the online forex portal by selecting your city, choosing the currency you want to exchange, 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 through a platform that offers competitive rates, complete cost transparency, no hidden fees, and zero 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 complete the transaction later at the same rate for up to 3 days from the date of booking.
What documents do I need to buy forex?
Some of the necessary documents required to buy forex in Pune include your 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 and secure.
Can I exchange foreign currency after returning from my trip?
Yes, you can exchange any unused foreign currency back to INR once you return from your trip. This allows you to convert leftover cash conveniently instead of keeping unused notes.
How fast will I get a refund if I cancel my order?
If you cancel your currency exchange order placed through the online forex platform, you can expect to receive a refund within 7 to 21 working days, as per the applicable policies.