How to get Forex and Currency Exchanges in Baramati

Baramati

Here’s a complete, tourist-friendly guide on how to get Forex (foreign currency exchange) and related services in Baramati, so you don’t have to look anywhere else.


1. Primary Option: Authorized Banks

For the most secure and official exchange rates, visiting a major bank is your best bet. Most “A-Category” banks in Baramati handle foreign exchange, though they usually require you to be a customer or provide extensive documentation.

Bank NameLocation / AreaService Type
ICICI BankDhanesh Building, Sardar Patel RoadFull Forex Services
RBL BankShantilal Shaha Bldg, Mahavir PathCurrency & Remittance
HDFC BankBhigwan Road, JalochiForex Cards & Currency
Indian Overseas BankBhigwan Road, BaramatiPublic Sector Forex
  • Tip: Banks usually operate from 10:00 AM to 4:00 PM. Carry your original Passport and a copy of your Visa; these are mandatory for any currency exchange in India.

2. Specialized Money Transfer & Forex Agents

If you are looking for quicker service or international money transfers (like Western Union or MoneyGram), these local agencies are well-established:

  • Muthoot Fincorp / Muthoot Finance: Located at Mahavir Peth (Gunvadi Chowk). They are very reliable for receiving international remittances and often provide currency exchange.
  • Shri Swami Samarth Money Transfer: Located near Jani Baji Market, Samarth Nagar. Good for Western Union services.
  • Parth Associates: Located on Bhigwan Road (Kasba area). They handle various money transfer services.
  • Western Union / MoneyGram: There are several counters along Bhigwan Road (the main commercial artery of the city) labeled as “Grahak Seva Kendra” that facilitate these transfers.

3. Digital & Doorstep Forex (Recommended)

Since Baramati is close to Pune, you can use online platforms that offer doorstep delivery or pickup. This is often the most convenient for tourists.

  • BookMyForex / Thomas Cook: You can book your currency online. While they may not have a physical “walk-in” retail store in Baramati, they often coordinate with local partner banks or courier services to deliver forex cards or cash to your location.
  • Forex Cards: If you are staying for a few days, it is highly recommended to use a Multi-Currency Forex Card (available via HDFC or ICICI) which can be used at any local ATM to withdraw Indian Rupees (INR).


4. Essential Traveler Tips for Baramati

  • Documentation: Never leave your hotel without your Passport. You cannot legally exchange currency without it.
  • Receipts: Always insist on an Encashment Certificate. You will need this if you want to convert your remaining INR back to your home currency when leaving India.
  • Avoid “Street” Exchangers: Baramati is a safe city, but “unofficial” street exchanges are illegal and carry a high risk of counterfeit notes. Stick to authorized dealers or banks.
  • ATM Availability: Most ATMs on Bhigwan Road and near Indapur Road accept international Visa/Mastercard. Look for “State Bank of India (SBI)” or “ICICI” ATMs for the best compatibility.

Leave a Reply