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Tourists are not allowed to bring Indian currency into the country or take it out of the country. Unlimited amounts of foreign currency or traveller's cheques are allowed into the country but any amount over US$ 1000 should be declared on arrival and a certificate obtained from the Customs. All money should be changed at official banks or at official money changers. The tourist receives a currency exchange form for each transaction. These forms are important as they may be required for re-exchange while leaving India, for certain official purchases such as airline tickets, for visa renewal and for obtaining income tax clearance. Most branches of State Bank of India and all major nationalized banks have special foreign exchange counters. Credit cards (like Diners, American Express) and Visa Card among others ) are now widely accepted in India.

Money: India's currency is the Rupee, abbreviated as Rs. One Rupee is equal to 100 Paise. Coins are in denominations of 10, 25 & 50 Paise & l, 2 & 5 Rupees. Notes are in denominations of Rs. 1, 2, 5, 10, 20, 50, 100 and 500. more>>
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