Traveling to India from countries like the USA, UK, or elsewhere requires careful planning when it comes to managing money. As a tourist, you’ll need to ensure you have access to Indian Rupees (INR), the official currency, while minimizing costs and staying compliant with local regulations. Here’s a guide on how to take and use money in India effectively.
1. Understand Indian Currency and Regulations
The Indian Rupee (INR) is a restricted currency, meaning you cannot bring large amounts of INR into or out of India. Tourists are allowed to carry up to INR 25,000 in cash when entering or leaving the country, but it’s unlikely you’ll need to bring rupees from abroad since exchanging money in India is straightforward. Instead, focus on bringing your home currency (USD, GBP, etc.) or using digital payment methods.
2. Bringing Cash
Carrying some cash in USD, GBP, or another major currency is a smart move. Upon arrival at Indian airports, train stations, or cities, you’ll find authorized currency exchange counters (e.g., Thomas Cook, banks, or airport kiosks) where you can convert your money into INR. Avoid exchanging large sums at airports due to higher fees—opt for smaller amounts to cover initial expenses like taxis or food, then exchange more at banks or ATMs later. Keep your exchange receipts, as they may be required if you want to convert INR back to your home currency when leaving.