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Indian Currency
 
India's currency is the Rupee, abbreviated as Rs. One Rupee is equal to hundred paise. Notes are in denominations of 1, 2, 5, 10, 20, 50, 100 and 500. Coins start at 10, 20, (not used so much these days) 25, 50, paise and 1, 2, and 5 rupees.

Notes can get disfigured, so do not accept torn or disfigured notes. In case you do get torn notes you can change them at the Reserve Bank of India or large branches of other big banks.

Traveler's Cheques & Credit Cards
 
It is advisable to carry a mixture of cash and traveller's cheques to guard against any situation. US dollars are the easiest currency to change with pounds sterling coming a close second. Other hard currencies such as Yen, French Francs, Canadian Dollars, Deutsche Mark can also be changed in tourist areas and big cities. A currency declaration form has to be filled out by the tourists if they enter the country with US$10,000 or its equivalent in any other currency.

Tourists can get a relatively better exchange rate for traveller's cheques and they are safer to carry though not as liquid as cash. American Express, Visa or Thomas Cook Traveller Cheques are readily accepted.

A growing number of hotels, restaurants and shops are beginning to accept credit cards, the well known and more accepted ones being American Express, Access or Mastercards, Diners Club and Visa.

Addresses for Traveler's Cheques & Credit Card
 

Thomas Cook
New Delhi
Rishya Mook Building, 84-A, Pa
Tel: +91-11-3747404

Mumbai
Dr.D.N. Marg, Colaba.
Tel: +91-22-204 8556

Bangalore
70 Mahatma Gandhi Rd
Tel: +91-80-58 71 47

Calcutta
Chitrakoot building, AJ, Chand
Tel: +91-33-247 5378

Jaipur
Jaipur Towers, 1st Floor, Moha
Tel: +91-141-60 940

American Express
New Delhi
Wenger House, A Block, Connaug
Tel: +91-11-332 4119/3324149

Mumbai
Oriental Building, 364 Dr. D.N
Tel: +91-22-204 8278

Calcutta
21 Old Court House
Tel: +91-33-825 6120

Chennai
S-5/6, Spencer Plaza, 769 Anna
Tel: +91-44 -825 6120


Banks
 
It is advisable to change ample amounts of money at one time and keep the encashment certificates. Encashment certificates will be needed when changing excess rupees back or for tax clearance certificates.

Banking hours in India are from 10 a.m.-2 p.m. (Mon-Fri) and from 10 a.m.-12 noon on Saturdays. Banks at the Delhi, Calcutta, Mumbai, and Madras airports, Ashoka hotel in Delhi and the Air India building in Mumbai are open 24 hours a day.

You can also wire money into India. These services are offered by foreign banks with branches in India and also with Indian banks with branches abroad such as the State Bank of India and Bank of Baroda.

ATM's in India
 
MasterCard/Cirrus ATM locator
Cites are listed in the native language
  
Visa ATM locator

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Currency Converter
 
Currency Converter from OANDA.com