Rajkot is a popular destination for both domestic and international tourists. If you’re traveling from abroad or need to exchange your currency while visiting, there are various ways to access Forex services and currency exchange facilities in the city. Here’s a detailed guide to help you with currency exchange in Rajkot, including the best places, tips, and services available.
1. Currency Exchange Counters at Airports
If you’re flying into Rajkot, the Rajkot Airport (Civil Aerodrome) is a convenient place to exchange your currency. There are several currency exchange counters that offer foreign exchange services.
Forex at Rajkot Airport:
- Currency Exchange Services: The airport has authorized money exchange kiosks that provide competitive rates for major international currencies.
- Available Currencies: You can exchange popular currencies like USD, EUR, GBP, and others.
- Hours of Operation: Currency exchange kiosks are usually open during flight hours, so check before arriving.
Contact:
- Rajkot Airport (Civil Aerodrome)
Phone: 0281 2480412
2. Local Forex and Currency Exchange Shops in Rajkot
Rajkot has several currency exchange shops and Forex bureaus that offer competitive rates and reliable service. Most of these services are available in central locations, making them easily accessible for tourists.
Popular Forex Bureaus:
- Thomas Cook Forex
- Overview: One of the most trusted names in foreign exchange, offering both buying and selling of foreign currency, traveler’s cheques, and prepaid Forex cards.
- Location: M.G. Road, Rajkot.
- Services: Forex exchange, travel insurance, and travel-related services.
- Contact: 0281 2465876
- Western Union Forex
- Overview: Provides a variety of foreign exchange services, including sending remittances, currency exchange, and Forex cards.
- Location: Shreeji Tower, Sadar Bazar, Rajkot.
- Contact: 0281 2233344
- HDFC Bank Foreign Exchange
- Overview: A trusted bank offering Forex services such as currency exchange, foreign currency demand drafts, and prepaid Forex cards.
- Location: Rajkot Main Branch, Kalavad Road, Rajkot.
- Contact: 0281 2460020
- ICICI Bank Foreign Exchange
- Overview: Provides competitive Forex exchange rates, as well as the option to buy foreign currency for travel purposes and Forex cards.
- Location: Rajkot City Branch, Race Course Road.
- Contact: 0281 2453441
3. Online Forex Services and Apps
For added convenience, many tourists prefer to exchange currency using online services or mobile apps. These apps often offer competitive rates, and you can lock in your rates before exchanging currency.
Popular Online Forex Services:
- BookMyForex: This service lets you order foreign exchange online and pick it up at local branches or have it delivered to your address in Rajkot.
- XpressMoney: Provides online currency exchange services and transfers for international money transfers and forex cards.
- Wise (formerly TransferWise): Offers low-fee international transfers and competitive exchange rates.
Tip: Before opting for online services, compare the exchange rates and service fees to ensure you’re getting the best deal.
4. Banks in Rajkot
Several banks in Rajkot offer foreign currency exchange services for both tourists and residents. Banks offer competitive exchange rates, though they may charge a small commission for the service.
Banks Offering Forex Exchange:
- State Bank of India (SBI): One of the largest banks in India offering foreign exchange services at competitive rates. They offer foreign currency exchange, demand drafts, and prepaid Forex cards.
- Location: SBI Main Branch, M.G. Road, Rajkot.
- Contact: 0281 2469000
- Axis Bank: Offers forex exchange services, including buying and selling currencies, prepaid Forex cards, and traveler’s cheques.
- Location: Kalavad Road Branch, Rajkot.
- Contact: 0281 2424747
- Yes Bank: Provides foreign currency exchange services at competitive rates, along with options for Forex cards and travel-related services.
- Location: M.G. Road Branch, Rajkot.
- Contact: 0281 2467222
5. Tips for Currency Exchange in Rajkot
Best Practices for Currency Exchange:
- Compare Rates: Always compare rates between banks, exchange counters, and online platforms before making a transaction. Rates can vary, and even small differences can add up.
- Use ATMs for Cash: If you have a global debit or credit card, using an ATM to withdraw cash is often one of the most convenient and cost-effective options. ATMs usually offer competitive exchange rates.
- Carry Small Denominations: When exchanging currency, it’s useful to ask for small denominations of the local currency (INR) so you can easily pay for small purchases or services.
- Check Fees and Commissions: Ensure that you inquire about any service charges or commissions that may apply. These can differ from one exchange service to another.
- Exchange at Airports or Authorized Bureaus: Avoid exchanging currency at unauthorized locations to prevent fraud. Always use authorized dealers or banks.
Cash vs. Digital Payments:
- Cash: While cash is widely accepted in Rajkot, digital payments are growing rapidly. Most major establishments now accept UPI payments (using apps like Google Pay, PhonePe, and Paytm).
- Foreign Currency: Always carry a small amount of local Indian Rupees (INR) for taxis, small shops, and street vendors.
6. Currency Exchange Near Rajkot Attractions
For your convenience, you can also find currency exchange services near popular tourist spots. Rajkot Haat and Sadar Bazar are local markets with currency exchange kiosks and banks where you can get foreign exchange on the go.
Conclusion
Rajkot offers a range of convenient options for currency exchange and Forex services, including local exchange counters, banks, online platforms, and ATMs. By comparing rates, being aware of service charges, and using the right service for your needs, you can ensure that you get the best value for your money during your visit. Always opt for authorized dealers and enjoy your travel experience in Rajkot with ease and confidence!