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Currency Exchange in Nagpur

Best Currency Exchange in Nagpur

The bustling city of Nagpur is the 3rd largest city in the Indian state of Maharashtra. The city is popularly referred to as the “Orange City” owing to its famous Nagpur oranges. Apart from having a rich cultural heritage, the city is also a major centre for trade and commerce with facilities like banking and currency exchange in Nagpur being readily available.

 

Several offices for currency exchange in Nagpur offer competitive rates of exchange.  These centres for currency exchange in Nagpur are spread across its many business and residential districts.

Fake Currency Identifiers

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There are several ways to spot fake currency when you are opting for currency exchange in Nagpur . Some of them are mentioned below:

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    Authentic banknotes feature a watermark.

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    While the printing of an authentic note is crisp and fine, a fake note may feature blurry borders and smudged writing.

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    Authentic notes feature microprinting that can easily be read with the help of a magnifying glass.

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    Authentic notes generally feature raised printing that you can sense by simply running your fingers against the rough texture of the surface.

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    Authentic notes generally feature a security thread that also boasts microprinting.

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Major Areas and Markets in Nagpur to Buy Foreign Currency

You can easily find places for currency exchange in Nagpur . Here are some suggestions for good places to exchange currency in Nagpur:

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    Ramdeshpeth : Ramdeshpeth is the ideal location for foreign currency exchange in Nagpur. The posh neighbourhood is home to several well-established families and businesses in Nagpur. Apart from the plethora of supermarkets, shops, and retail outlets in the district, various commercial centres also provide for currency exchange in Nagpur.

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    Dharampeth : The district of Dharampeth in Nagpur is known for its local history and rich cultural heritage. The district is home to several historical buildings and monuments, adding to the historical heritage of Nagpur. The district also boasts several commercial establishments offering services, such as a currency exchange in Nagpur. The area hosts many of the hubs of new and old currency exchange in Nagpur.

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    Mohan Nagar: The residential and commercial area of Mohan Nagar is one of the city's most well-planned and modern districts. Although predominantly a residential district, several commercial establishments have also sprung up, offering services including a base for currency exchange in Nagpur.

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    Sadar : The bustling markets of Sadar in Nagpur hold much historical significance and give a glimpse of street life in Nagpur with visitors finding everything from local handicrafts to street food. Sadar bazaar is also a major area for currency exchange in Nagpur. So, if you are visiting Sadar Bazar, chances are you will come across several of the centres for currency exchange in Nagpur.

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    Sitabuldi: Another popular spot currency exchange in Nagpur, Sitabuldi is known for its close proximity to the airport.

Other popular areas for currency exchange in Nagpur include

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    Dhantoli

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    Dharampeth

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    Somalwada

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    Gokulpeth

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    Wardhaman Nagar Colony

What are the Most Famous Places in Nagpur

Currency exchange in Nagpur is often followed by some local sightseeing. Some of the most famous places in Nagpur that you must check out include the following:

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    Ramtek Temple : This Hindu Temple in Nagpur is dedicated to Lord Ram. According to local legends, this temple is the place where lord Ram stayed during his 14 years of exile.

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    Deeksha Bhoomi : This is a popular Buddhist pilgrimage in Nagpur. The site holds much historical significance as it is the location where Dr. BR Ambedkar took his 22 vows following his conversion to Buddhism.

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    Khindsi Lake : This lake with its serene atmosphere is a perfect weekend getaway from the day-to-day city hassles. Visitors can experience the lush atmosphere, and beautiful sunsets while participating in water sports and activities like boating.

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    Swaminarayan Temple: This temple attracts devotees and tourists alike thanks to its intricately beautiful architecture and spiritual environment. The temple is dedicated to Lord Swaminarayan and is one of the most visited religious sites in Nagpur.

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    Sitabardi Fort : The Battle of Sitabuldi took place in 1817 on the hilltop that is now home to Sitabuldi Fort in the central part of Nagpur in the Indian state of Maharashtra. The fort was built by the British after they had successfully defended their victory in the battle of Sitabuldi.

Other popular tourist spots to explore in Nagpur include

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    Narrow Gauge Rail Museum

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    Shri Ganesh Temple

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    Zero Mile Stone

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    Futala Lake

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    Krazy Castle Aqua Park

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Towns and Cities Near Nagpur

  • Ramtek : The ancient temples of Ramtek hold great historical significance and add to the cultural heritage of Nagpur as well as Maharashtra. The city is around 50 kilometres northwest of Nagpur and disconnected by NH 44.

  • Umred : The town of Umred is known for its natural beauty and rich wildlife diversity, located 44.87 kilometres southwest of Nagpur. The town attracts a large number of tourists and visitors every year.

  • Bhandara : The agricultural town of Bhandara is frequently visited by tourists thanks to its lush and serene locations. The town is located around 60 kilometres West of Nagpur.

  • Wardha : Located at a distance of about 80 kilometres from Nagpur, the city of Wardha is famous for its historical sites and rich cultural heritage.

  • Lohdongri : This village in Maharashtra offers a chance to you experience the rural life of this region.

Other popular nearby cities include

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    Bhugaon

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    Kalmeshwar

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    Kamptee

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    kampti

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    Kamtha

Nearest Airports to Nagpur

Dr Babasaheb Ambedkar International Airport

 

The Babasaheb Ambedkar International Airport is the primary airport serving the city of Nagpur in Maharashtra. The airport is also known as Sonegaon Airport as it is located in Sonegaon, just 8 kilometres southwest of Nagpur. The Airport caters to a number of domestic flights connecting the city to other major Indian cities like Kolkata, Hyderabad, Delhi, Bangalore, and Mumbai. Apart from just domestic flights, international flights to Gulf airports like Sharjah and Doha are also commonplace.

 

The airport is equipped with several facilities including offices for currency exchange in Nagpur. Although convenient, the currency exchange centres in the airports offer some of the higher currency exchange rates in Nagpur. As such, other currency locations are often preferred for currency exchange in Nagpur. Airport currency exchange will cost 10% - 15% more than using BookMyForex.

Best Way to Carry Foreign Currency

BookMyForex allows you to currency exchange in Nagpur at the best exchange rates so that you can carry the money without any hassle. Some of the best ways to carry foreign currency are mentioned below:

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Currency Notes in Nagpur

 

You can buy currency notes at live and the best exchange rates on BookMyForex so that you can be ready for your trip with sufficient cash in hand.

Forex Card in Nagpur

 

The Multi-Currency Forex Travel Card available on MakeMyTrip with BookMyForex as the co-branding partner comes with a 0% forex markup over interbank rates.

Exchange Currency with BookMyForex in Nagpur

Whether you want to buy forex cards and currency notes or sell them, MakeMyTrip makes the entire process of currency exchange in Nagpur quite easy. You only need to follow the below-written steps:

  • STEP 01

    Select your city from the drop-down list.

     

     

     

  • STEP 02

    Choose the currency you have and the currency you want.

     

  • STEP 03

    Opt for a forex card or currency notes from the list.

     

  • STEP 04

    Mention the forex amount. The live currency exchange rate will show up next to it.

  • STEP 05

    The converted currency amount according to the exchange rate will show up automatically.

  • STEP 06

    Then proceed with booking your order.

Buying or Selling Foreign Currency at Local Money Changers in Nagpur

You can look for an Authorised Dealer Category II or someone who has a money changers licence. Money exchangers offer competitive rates of currency exchange in Nagpur , and you’d not need a bank account in this case. However, the process of rate haggling can be quite frustrating for those who are looking for an easy way for currency exchange in Nagpur.

 

On the other hand, BookMyForex, an online marketplace, offers internationally-accepted forex card and currency notes at a best rates via a convenient online process.

Different Purposes for Exchanging Currency

  • Studying Abroad : You can purchase foreign exchange of up to USD 30,000 or up to the estimate shared by your educational institute.

  • Employment Purpose : In case you have a letter of employment, you can buy foreign exchange of up to USD 5,000.

  • Emigration: If you have an emigration visa, you can buy foreign exchange for up to USD 5,000.

  • Gift and Donation: You can gift or donate up to USD 5,000 annually on the basis of self-certification

  • Medical Treatment: On the basis of self-certification, you can buy foreign exchange of up to USD 50,000 for medical treatments outside of India. Once the limit is surpassed, you have to provide the estimated expense that would be incurred at the hospital.

Buy and Sell Foreign Currency Online at Best Exchange Rates in Nagpur

With BookMyForex, the online forex marketplace by MakeMyTrip, you can enjoy currency exchange in Nagpur. Enjoy unbeatable currency exchange rates and opt for BookMyForex Multi-Currency Cards as well as foreign currency notes. with no forex mark-up. MakeMyTrip also presents real-time exchange rates so that you can stay updated with the ever-changing value of a currency when converting your money.

Home Delivery of Foreign Currency in Nagpur

In addition to a smooth online process for currency exchange in Nagpur , BookMyForex also delivers currency notes right to your doorstep. In fact, you can enjoy same-day door delivery. So, you do not have to waste any time visiting a local money exchanger and picking up your money.

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Frequently Asked Questions

  • How do I get cashback after currency conversion?

    Find out more about the cashback by clicking here.

  • Where to exchange currency in Nagpur?

    You can exchange foreign currency in Nagpur through online platforms like MakeMyTrip Forex Solution, whether via app or website. You can also exchange foreign currency at various places in Nagpur such as banks, post offices, travel agencies, and currency exchange bureaus. Some hotels also offer this service.

  • Can I exchange currency at Nagpur airport?

    Yes, you can exchange currency at Nagpur airport. There are usually several currency exchange counters available in the arrivals and departures area. However, keep in mind that the rates might not be as favourable as in Nagpur city.

  • Which is the best place to exchange currency in Nagpur?

    The best place to exchange currency in Nagpur depends on the exchange rates offered online and offline. It can be exchanged online through platforms like MakeMyTrip or through banks, post offices, and currency exchange bureaus. It's recommended to compare rates before deciding.

  • How to exchange currency in Nagpur?

    The process for exchanging foreign currency in Nagpur typically involves presenting your ID and the currency you wish to exchange at a bank, post office, or currency exchange bureau. The staff will then calculate the amount you'll receive based on the current exchange rate.

  • What is the cheapest way to exchange currency in Nagpur?

    The cheapest way to exchange currency in Nagpur can vary. It's often cheaper to exchange currency online via platforms like MakeMyTrip offering budget-friendly exchange rates or at a bank or currency exchange bureau in Nagpur rather than at the airport.

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