Indian
currency is not permitted to be brought in
or taken
out of the country without the permission
of the Reserve Bank of India. Unlimited amount
of foreign currency or traveller cheques
are
allowed into the country. But if the value
of foreign currency notes exceeds US $ 2500
and the aggregate value of the foreign exchange
including currency notes exceeds US $ 10,000
or its equivalent it must be declared at
customs. You can exchange your money at airport,
where
a 24 hour facility is available through banks
and approved money charges. All major international
credit cards are widely accepted in India.
Indian rupees are available in denominations
of 1, 2, 5, 10, 20, 50, 100, 500 and 1000.
Well known accepted credit cards are Diners,
Master, Visa and American Express.
Some of the larger nationalised banks
include the State Bank of India (SBI),
Punjab National
Bank (PNB), Bank of Baroda (BOB), Canara
Bank, Union Bank of
India and Central Bank of India and other leading banks like UTI, ICICI, HDFC
and IDBI. ATMs are also widely available. |