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Foreign Exchange
Foreign Currency Bank Notes

Overview

Taking ready cash to meet your immediate expenses like taxi fare, local shopping and so on, in all leading currencies is a MUST. An individual travelling abroad for leisure or business purposes is allowed to carry foreign currency bank notes up to USD 3000 or equivalent and rest in form of Indus Forex Card or traveller's cheques.

Exceptions:

  • Person travelling to Iraq or Libya can draw foreign currency notes up to USD 5,000 or its equivalent.
  • Person travelling to the Islamic Republic of Iran, Russian Federation and other Republics of Commonwealth of Independent States can draw entire foreign exchange quota in the form of cash.

On your return unspent foreign currency can also be reconverted into Indian rupees at any Indusind branch.

Benefits

  • Carry destination currency (subject to availability)
  • Manage petty expenses like taxi, local shopping etc on you international travels

Fees & Charges

No fees and charges are levied on issuance of foreign currency notes.

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  • SAVINGS RATES

  • Daily balance upto 1 lac 4 %
  • Daily balance above 1 lac and upto 10 lac 5 %
  • Daily Balance above 10 lac 6 %
  • DEPOSIT RATES

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  • Indus Tax Saver Scheme - 5 years (upto Rs 1.5 lacs) 7 %
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