Exchanging currency at Delhi Airport
Navin Pathak | Updated Apr 26, 2021 05:08 am
The following are the 4 companies with currency exchange counters in both the arrival and departure section (Terminal 3) of the Indira Gandhi International airport in New Delhi, India.
- Punjab National Bank
- Central Bank of India
- Thomas Cook
Important Note: Keep in mind that, in the Departure section of the IGI Airport Terminal 3, EbixCash is the only company with a currency exchange counter after the immigration and security check and all the other three companies have their counters before security and immigration. At this Ebix currency exchange counter, after the immigration, many currency exchange rules differ for the people, both with the Indian and foreign passport holders, who are taking flights to foreign countries.
Calculate best exchange rates for today - USD to INR, CAD to INR, GBP to INR, AUD to INR, AED to INR, EUR to INR
The counters of all the 4 exchangers are open 24 hours.
The exchange rates for both buying and selling foreign currency offered by all the 4 exchangers is mostly the same. You can use the Airport’s interactive map to see where the currency exchange counters are located.
Indian Passport holder at the International Departure Terminal
You are traveling to a foreign country and you want to buy foreign currency
i) You can convert maximum of Rs. 49,999 in cash to a foreign currency.
ii) After the security check, the limit of Indian rupees that can get converted to foreign currency drops to Rs. 25,000
iii) If you use your credit card, then Indian currency equivalent to US$ 3000 can be converted to foreign currency. This means that if the selling rate of 1 USD is Rs. 60, then Rs. 1,80,000 ($3000 x 60) from your credit card can be converted to the foreign currency.Important Note: Indian currency cannot be purchased after security check
Indian Passport holder at the International Arrival Terminal
You are arriving in India from a foreign country
i) If you are arriving within 6 months of your departure from India
In exchange of your foreign currency, you can get Indian rupees equivalent to US$ 1,000 in cash (maximum)
ii) If you are arriving after 6 months of your departure from India:
In exchange of your foreing currency, you can get Indian rupees equivalent to maximum of US$ 3,000 in cash
If you are bringing more than US$ 3,000, let’s say US$ 5,000 then for $3,000 you will get Indian currency in cash and for the rest $2,000 you will get either check or online transfer to your bank account.
Foreign Passport holder at the International Departure Terminal
You are leaving India and you want to buy foreign currency by selling the Indian rupees that you may have left with
Now, let’s take an example: From the time you arrived in India, you converted $5,000 (cash) to Indian currency altogether and withdrew $700 from ATM within the last 7 days before your departure date. Of course, for every currency exchange transaction and ATM withdrawal, you get a receipt.
i) In case you lost all your receipts:
Rs. 10,000 (maximum) can be converted to the foreign currency.
ii) In case you have all your receipts:
You will get Indian rupees equivalent to the maximum amount of $3,000 converted to foreign currency. The calculation is done on the basis of the selling rate of USD for that particular day.
So, if the selling rate of 1 USD is Rs. 60 on the day you are departing, then the maximum India currency which you can get converted to foreign currency will be $3000 x Rs. 60 = Rs. 180,000.
Anything over this amount doesnt get converted to the foreign currency.
So, considering the case above, let’s say you are left with Rs. 200,000 and the selling rate of US$ that day is Rs. 60. This is equivalent to $3,333 (Rs.200,000/60). Now, according to the rule, you can get Indian currency equivalent to $3000 converted. Therefore, you will be left with Rs. 19,980 not converted back to foreign currency.
Keep in Mind: After the Immigration and Security Check at the Airport
Foreign Passport holder at the International Arrival Terminal
You are arriving in India from a foreign country
You can exchange your foreign currency to Indian currency equivalent to the maximum amount of US$ 3,000 cash.
So, if the buying rate (USD to India Rupee) is Rs. 70, then the maximum Indian rupees that you can get converted to will be: $3000 x Rs. 70 = Rs. 210,000 (max)
There is a very small Tax amount (GST) that will be deducted from the total payout to you.
( Value-added offer from Entry India:
If you are looking for distributors, JV partners, or suppliers in the US, post your project details free of cost here,https://entryindia.com/pr
Expanding your business in US: If you are ready to have a warehouse for order fulfillment or open up your company & bank account in the US, Entry India's team is ready to assist you. To talk to us, you can begin by filling and submitting this form.)
local_offerTags: Delhi Airport Terminal 3 currency transfer money to india passport