How To Get Forex and Currency Exchanges in Mysuru

Mysuru

Navigating foreign exchange (forex) services in Mysuru is straightforward, with several reputable options available to cater to tourists and new city visitors. Here’s a comprehensive guide to assist you:

1. Authorized Forex Service Providers

Mysuru hosts several authorized forex dealers offering competitive exchange rates and reliable services. Notable providers include:

  • Thomas Cook India Ltd. (Forex Division):
    • Address: Hariplaza, Shop #5, Ground Floor, Near Shringar Hotel, Dewans Road, Mysuru – 570001.
    • Contact: (0821) 2426157
    • Services: Currency exchange, forex cards, and travel-related financial services.
    • Website: Thomas Cook Mysore
  • Unimoni Financial Services Ltd.:
    • Address: First Floor, No. 86/2, D Devaraj Urs Road, near Karnataka Bank, Subbarayanakere, Chamrajpura, Mysuru, Karnataka 570001.
    • Contact: +91 75940 02621
    • Services: Foreign currency exchange, money transfers, and travel services.
    • Website: Unimoni Mysore
  • Muthoot Fincorp Ltd.:
    • Address: No. 848/1, 1st Floor, Manjushree, Opposite JSS Law College, New Kantharaja Urs Road, Akshaya Bandhar Circle, Saraswathipuram, Mysuru – 570009.
    • Contact: (0821) 4257435
    • Services: Currency exchange and financial services.
    • Website: Muthoot Fincorp Mysore

2. Online Forex Platforms

For convenience, several online platforms facilitate currency exchange with options for doorstep delivery:

  • BookMyForex:
    • Services: Allows users to buy or sell foreign currency at live exchange rates, offering forex cards and currency notes with same-day doorstep delivery in Mysuru.
    • Website: BookMyForex Mysore
  • ExTravelMoney:
    • Services: Enables comparison of exchange rates among RBI-authorized money changers in Mysuru, facilitating online booking and home delivery of currency.
    • Website: ExTravelMoney Mysore

3. Banks and ATMs

Major banks in Mysuru provide currency exchange services, though it’s advisable to check with specific branches regarding availability:

  • State Bank of India (SBI):
    • Address: Post Box No. 204, Mothikana Building, Sayyaji Rao Road, K R Mohalla, Mysuru – 570004.
    • Contact: (0821) 2439640
  • Bank of Baroda:
    • ATM Location: No. 441 & 504, New Kalidasa Road, Vijayanagar 1st Stage, Mysuru, 570017.
    • Services: Accepts major international debit and credit cards for cash withdrawals.
    • Website: Bank of Baroda ATM

4. Tips for Currency Exchange

  • Identification: Carry valid identification documents, such as your passport and visa, as they are typically required for currency exchange transactions.
  • Exchange Rates: Exchange rates fluctuate; it’s prudent to compare rates across different providers to secure the best deal.
  • ATMs: Using ATMs can be a convenient way to obtain local currency. Ensure your debit or credit card is authorized for international use, and be mindful of any associated fees.
  • Safety: Utilize authorized and reputable exchange services to avoid counterfeit currency and ensure fair transactions.

By leveraging these resources and tips, tourists and new visitors in Mysuru can efficiently manage their foreign exchange needs with confidence.