How to get Forex and Currency Exchanges in Gaya

Gaya

Gaya, a popular city in Bihar, India, known for its historical and religious significance, also has several options for foreign exchange (Forex) and currency exchange services. Below is detailed information on how to access Forex services in Gaya:

1. Foreign Exchange Services at Banks

Many banks in Gaya offer currency exchange services for tourists and visitors. These services include both the purchase and sale of foreign currency. Some popular banks where you can exchange foreign currency are:

  • State Bank of India (SBI)
    • Available at main branches like Gaya Branch.
    • Offers both foreign currency exchange and traveler’s cheques.
    • Documents required: Passport, Visa, and Travel documents.
  • HDFC Bank
    • Exchange services available at selected branches.
    • Provides competitive rates for currency exchange.
    • Documentation includes identification proof like passport or voter ID.
  • ICICI Bank
    • Forex services available with easy access at their main branches.
    • Offers travel cards and other Forex services, like money transfers.
    • Customers need to carry travel documents.

2. Online Forex Services

Online platforms such as BookMyForex and Paytm Forex allow tourists to book foreign exchange online and have it delivered to their hotel or home. This service offers the convenience of managing Forex from the comfort of your accommodation.

  • BookMyForex
    • Offers home delivery of foreign currency or can be collected at their partner outlets in Gaya.
  • Paytm Forex
    • Online booking of Forex that can be delivered to your address.

3. Hotels and Tourist Locations

Some hotels in Gaya offer currency exchange services, particularly those located near major tourist spots such as Bodh Gaya. You can ask at the reception for Forex exchange services. However, the rates at hotels may not be as competitive as those in banks or authorized Forex dealers.

  • Hotel Bodhgaya Gateway
  • Taj Bodhgaya
  • Mahalaya Bodhgaya

Always confirm the exchange rates beforehand to avoid unfavorable conversion rates.

4. ATMs and International Debit/Credit Cards

Another convenient option for tourists is using ATMs that accept international cards. Several ATMs in Gaya allow you to withdraw foreign currency:

  • ICICI Bank ATMs
  • SBI ATMs
  • HDFC Bank ATMs

Important note: Ensure your bank cards are activated for international use before traveling.

5. Forex Kiosks and Authorized Dealers

Apart from banks, several authorized Forex dealers and kiosks in and around Gaya cater to the needs of tourists for currency exchange. These include:

  • Thomas Cook India
    • Known for providing both currency exchange and travel-related services.
    • Offers services at branches and partners across major tourist areas.
  • Western Union
    • Offers Forex services and money transfer options at various locations across Gaya.
    • Visit their locations for foreign exchange and remittance.

6. Airport Forex Services

The Gaya International Airport also provides Forex exchange services, though it is always advisable to exchange a small amount of currency at the airport upon arrival, as rates at the airport may not be as favorable as at authorized Forex dealers or banks in the city.

7. Exchange Rates and Tips

The exchange rate in Gaya varies depending on the type of service provider and the amount being exchanged. Always compare rates between different banks, Forex dealers, and online platforms. Avoid street vendors offering Forex, as they are not authorized and may offer poor exchange rates.

  • Tip: Carry small denominations in your preferred currency to avoid being overcharged for minor transactions.
  • Tip: Inform your bank or Forex provider of your travel dates to ensure that the necessary foreign currencies are available in advance.

By using the above resources, tourists can easily exchange currency in Gaya without much hassle. Always ensure that you’re dealing with authorized dealers to get competitive rates and avoid fraud.