30 Jul 2010

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CURRENCY UNIT

The Currency Unit in A & N Islands as in the rest of India is the Indian Rupee. Each rupee consists of 100 paise. Currency notes are issued in the denominations of Rs. 1000, Rs. 500, Rs. 100, Rs. 50, Rs. 20, Rs. 10, Rs. 5, Rs. 2 and Rs. 1. Coins issued are of Rs. 5, Rs. 2, Re. 1, 50 paise, 25 paise and 10 paise denominations.

However you will rarely find the following in circulation: Notes of Rs. 2, Re. 1 and coins of 20 paise, 10 paise, 5 paise. Notes of Rs. 500 and Rs. 100 are quite similar in appearance and hence easy to confuse, so always take care while accepting or handing out notes of these denominations.

Money Exchange

It is not permitted to take Indian currency out of India nor purchase the Rupee overseas. If you are arriving from a foreign country, you should change some of your currency into Rupees at the airport or at the nearest branch of State Bank of India where you are offered the best rates of exchange.

If you want to check the latest exchange rate for your currency in Indian Rupees use the Travel Tools given below:

Banking Services:

  1. State Bank of India

  2. Syndicate Bank

  3. Allahabad Bank

  4. United Bank of India

  5. Canara Bank

  6. Punjab National Bank

  7. UCO Bank

  8. Indian Overseas Bank

  9. Indian Bank

  10. AXIS Bank

  11. Bank of Baroda

ATM Services:

  1. AXIS Bank

  2. ICICI Bank

  3. State Bank of India

  4. Canara Bank

  5. Bank of Baroda

Note : Western Union Money Transfer office situated at Goal Ghar & Post office Junglighat.

Money Exchange:

Here Credit Cards are not widely accepted. Though you can bring it for encashing money (in case of emergency) from the ATM counters.

    

 

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