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  :: T R A V E L  T I P S   >  Currency Regulations ::  
     
     
 

There are no restrictions on the amount of foreign currency or travellers' cheques a tourist may bring into India provided he makes a declaration in the Currency Declaration Form given to him on arrival. This will enable him not only to exchange the currency brought in but also to take the unspent currency out of India on departure. Cash, bank notes and travellers' cheques up to U.S.$10,000 or equivalent need not be declared at the time of entry.

Any money in form of travellers' cheque, draft, bills, cheques, etc. in convertible currencies which tourists wish to convert into Indian currency should be exchanged only through authorized money changers and banks who will issue an encashment certificate. This certificate is required at the time of re-conversion of any unspent money into foreign currency. Tourists are warned that changing money through unauthorized persons is not only illegal but also an offence under Foreign Exchange Regulations Act 1973.It also involves the risk of receiving counterfeit currency.