Major FAQ-India
Money Matters
What is the exchange rate? Where should I change my dollar? Can I use debit card and/or credit card? Should I bring traveler's check?
Exchange Rate of Indian Rupee (INR) info available at: http://www.xe.com/ucc/
The local currency is the Indian Rupee. You can change your money upon arrival inside the Delhi International Airport . There are many banks inside the Delhi International Airport . We suggest you change $200 in the beginning as you can change money in any bank (some banks are near to IFRE's office). To exchange Rupees for US Dollars (during departure), you need to show receipts from authorized banks which document said exchanges.
Debit card usage is the best way of acquiring money as ATM vendors are available near to our office in India . Visa, MasterCard and American Express are accepted in some of the large stores and hotels in larger cities but may not be widely accepted in smaller cities.
How much money you bring depends on you. IFRE covers most costs associated with your program but bring spending money to help you to explore India in your free time and for you personal use.
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