There are no restrictions on the amount of foreign currency or travellers
cheques a visitor may bring into India, provided he makes a declaration in the
currency declaration form given to him at the time of arrival. Any money in the
form of Travellers cheques, drafts, cash etc in convertible currencies, which
tourists wish to convert into Indian Rupees should be exchanged only through
authorised money changers and banks who will issue an encashment certificate,
which is is required at the time of reconversion of any unspent money into
foreign currency. Visitors are cautioned that changing money through
unauthorised persons is not only illegal but also involves the risk of
counterfeit currency being passed on to them.
