How to get Forex and Currency Exchanges in Hazaribagh

Hazaribagh
Posted on | by Anuj

Here’s a complete and practical guide to forex and currency exchange in Hazaribagh, Jharkhand, India — perfect for new tourists, visitors, and residents alike. I’ll cover where you can exchange currency, how it works, what documents you need, and tips to make the process smooth.

Currency Exchange Locations in Hazaribagh

Unimoni Gold Loan Services, Hazaribagh

This is the most reliable and well‑known forex provider in Hazaribagh. It’s an RBI‑authorized foreign exchange dealer and provides services such as:

  • Buy foreign currency (USD, EUR, GBP, etc.)
  • Sell unused foreign currency
  • Issue prepaid travel/forex cards
  • International money transfers
  • Travel packet services

Location: Bara Bazar, Maihar Mart, Barkagaon Road
Hours: 9:30 AM – 6:00 PM (Mon‑Sat)
Phone: +91 75940 00148

Why choose them: Competitive exchange rates, multiple services in one place, and experienced staff handy for detailed guidance.

Shashank Services Money Exchange

A local currency exchange counter also located in Bara Bazar area that provides basic currency exchange services — ideal if you want a quick swap of notes.

  • Hours: 9:00 AM – 7:30 PM daily
  • Phone: +91 93045 16567

Note: Smaller agents can be convenient but always check the rate carefully and compare with larger dealers like Unimoni.

Banks & Alternatives for Forex

In addition to dedicated forex counters above, scheduled banks may also provide forex services, though these often are slower or may focus on travel cards rather than cash notes:

  • Federal Bank branch – Shree Complex, Malviya Marg, NawabGanj, Hazaribagh
  • Central Bank of India branch – Malvia Road, Boddam Bazar
  • Indian Bank branches – Malviya Marg and Guru Gobind Singh Road

These banks may issue forex travel cards or facilitate remittances but don’t always hold significant cash foreign currency. Always call ahead.

How Currency Exchange Works in Hazaribagh

  1. Choose a reliable provider – dedicated forex counters like Unimoni are recommended for the best rates.
  2. Bring valid documents – passport, PAN card, visa or travel tickets (especially for buying foreign currency).
  3. Check rates & fees before confirming – exchange rates fluctuate daily, and different services may offer slightly varied rates.
  4. Complete transaction – staff will assist and may ask details like travel destination and purpose.

Required Documents

When exchanging currency or buying foreign cash in India:

  • Passport (mandatory)
  • PAN Card (especially for buying currency)
  • Visa and travel tickets
  • Bank cards / additional ID if needed

For selling back unspent foreign cash, you’ll also need the original receipts and declaration if the amount is large.

Tips for Tourists & Visitors

  • Compare exchange rates: Forex agents are competitive — check the rates at two counters before finalizing.
  • Exchange in city centers: Places like Bara Bazar usually offer better rates than small roadside or bank counters.
  • Avoid weekend late hours: Most forex desks close by early evening.
  • Consider a forex travel card: If you don’t want to carry cash, prepaid travel cards are widely accepted internationally.

Safety and Regulations

Foreign exchange in India is regulated by the Reserve Bank of India. When you exchange currency through authorized dealers or banks, the transaction is secure and compliant with local laws.

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