Travelling abroad is not an unusual matter these days, especially from Ajmer. Present economic and technological developments are such that people travel more freely between countries for different purposes such as leisure trips, higher education, medical treatments or for business meetings. In all these up and down travels you are forced to exchange currencies to meet different expenses in a foreign country. So, foreign currency exchange from Ajmer is a mandatory thing in the present scenario. You can find out different foreign exchange agents in Ajmer for serving this purpose. We will help you to understand about exchange rates, how to get the best currency rates, basic documents required for currency exchange etc. thru this article.
When CDF Required?
Currency Declaration Form (CDF) issued by Airport Customs Authorities.
A CDF is required where the foreign exchange in the form of currency notes and traveler’s cheques brought in by a person at any one time exceeds US$ 10,000 or its equivalent or the aggregate value of foreign currency notes brought in by such person at any one time exceeds US$ 5,000 or its equivalent.
Documents required for foreign currency exchange from Ajmer:
The following are the basic KYC Documents required for currency exchange from Ajmer:
For your Sale:
- Aadhar/ Driving License/ Voter’s ID/ Passport.
- Passport is mandatory for NRI/ Foreigner.
For Your Purchase:
- Passport.
- PAN Card.
- Ticket/ Visa.
Foreign Exchange Limits:
As per the Limits set by RBI, you can carry foreign currency of $3,000 or equivalent per visit in the form of notes and coins. The overall limit for an individual, under Liberalised Remittance Scheme for Resident Individuals is $2,50,000 per financial year.
You are allowed to carry above USD 3000 if you are travelling to:
- Islamic Republican of Iran
- Russian Federation
- Republics of Commonwealth of Independent States.
The payment for foreign exchange can be made by cash up to a limit of Rs 50,000 or by way of a crossed cheque or demand draft.
Branch Locator
Points to be considered in foreign currency exchange from Ajmer:
- Always approach an Authorized service provider with a license from RBI for currency exchange.
- Study on current foreign currency rate through online modes.
- Be familiar with normal transaction charges.
- Avoid currency exchange dealers you see in airports, train stations, and other touristy areas, which often are too expensive.
Best Exchange Rates for foreign currency exchange from Ajmer:
Unimoni India is the first Company in India to get Authorized Dealer II license and is a leader for foreign currency exchange in India with a good number of branch networks. If you are looking for foreign currency exchange, and especially from Ajmer, please feel free to get in touch with us by visiting our website https://www.unimoni.in/ or make a call to our branch in Ajmer or mail us at customercare@unimoniindia.com.
