Where to exchange money in Jabalpur
If you’re planning a trip to Jabalpur, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Jabalpur. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
Where to exchange money in Jabalpur
If you’re planning a trip to Jabalpur, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Jabalpur. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
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Currency exchanges in Jabalpur
Consider using digital alternatives like Wise when looking at currency exchanges. If you still need to have some physical cash, here are a list of currency exchanges you can find in Jabalpur.
A reminder from us - There's no such thing as 0% commission or fee-free so remember to do your research and make an informed decision.
| Money Changer | Address | Contact Information |
|---|---|---|
| Paul Merchants | Sno 7,8, Narmada Plaza, Bloom Chownk, Shastri Bridge, Napier Town, Jabalpur, Madhya Pradesh 482001, India | +91 93030 01617 |
| Travel Tree | Shop No.8, Khushi Plaza, Near, Bhavartal Garden Rd, Marhatal, Jabalpur, Madhya Pradesh 482001, India | |
| MONEY TRANSFER / DEPOSIT and WITHDRAWAL SERVICE | SBI KIOSK , SHOP NO. -2 ,MR4 ROAD ,B/S HP PETROL PUMP, UKHRI, SAKET NAGAR, Vijay Nagar, Jabalpur, Madhya Pradesh 482002, India | +91 761 406 3252 |
| Muthoot Finance Gold Loan | Ground Flr, Parwati Plaza, Plot No. 89, Deen Dayal Chowk, near Hotel Kansal Inn, Vikas Nagar, Jabalpur, Madhya Pradesh 482002, India | +91 1800 120 2838 |
| Muthoot FinCorp Gold Loan | Infront of Batra Brothers, Door No 858/1, 1st Floor, Bada, Khajanchi Chowk, Fuhara Rd, LordGanj, Jabalpur, Madhya Pradesh 482002, India | +91 92890 43054 |
| Muthoot FinCorp Gold Loan | No 106/1A, Ground Floor, Road, Raddi Chowki, Adhartal, Jabalpur, Madhya Pradesh 482002, India | +91 92890 53719 |
| Muthoot Finance Gold Loan | 1st Floor, Digamber Tower, Chanchala Bai College, No.936/1, Road, Wright Town, Jabalpur, Madhya Pradesh 482002, India | +91 1800 120 2838 |
| Muthoot Finance Gold Loan | Vimal Sheel Heights, Plot No.C1/1, Jai Nagar Rd, Labour Chowk, Yadav Colony, Jabalpur, New Adaresh Colony, Madhya Pradesh 482002, India | +91 1800 120 2838 |
| Muthoot FinCorp Gold Loan | Door No 473, Ground Floor Garha Road, Yadav Colony, Kamla Nehru Nagar, Nove Adaresh Colony, Ngr, Jabalpur, New Adaresh Colony, Madhya Pradesh 482002, India | +91 92890 53688 |
| Muthoot FinCorp Gold Loan | No 4KH, Ground Floor NH 7, Main Road, Aaga Chowk, near Life Medicity Hospital, Baldeobagh, Sheetalpuri, Jabalpur, Madhya Pradesh 482001, India | +91 92890 53440 |
| Journey Planners | Gurudwara, Shreyans Tower, B-5, Road, Gorakhpur, Jabalpur, Madhya Pradesh 482001, India | +91 99810 24482 |
| Muthoot Finance Gold Loan | Plot No. 1249, Ground Floor, Sharda Tower Cherital, Main Rd, near PNB, Sarvodaya Nagar, Jabalpur, Madhya Pradesh 482001, India | +91 1800 120 2838 |
| Muthoot FinCorp Gold Loan | Door No 2427, Ground Floor PN 59/2B, Rani Durgavati Ward, Nagpur Rd, near Sharda Chowk, Gurudev Colony, Jabalpur, Madhya Pradesh 482001, India | +91 92890 53885 |
| Muthoot Finance Gold Loan | FIRST FLOOR PROPERTY NO. 2049-2052, LAMBA TOWER, MASTANA CHOWK, RANJHI, Airport Area, Khamaria, Jabalpur, Chakdehi, Madhya Pradesh 482005, India | +91 1800 120 2838 |
| ICICI Bank Ltd,Jabalpur-Sneh Nagar | ICICI Bank Ltd., Sai Prem, G-1, JDA Scheam No. 11,1st Phase Labor Chowk, Garha Rd, Sneh Nagar, Jabalpur, Madhya Pradesh 482002, India | +91 1800 1080 |
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Indian rupee rate today
First off, in case you’re wondering something along the lines of “does India use Indian rupee?”, the answer is yes. The currency in Jabalpur — and the rest of India— is Indian rupee
You can also find it written as INR in currency exchange shops.
What you should know about exchanging money in Jabalpur
Before exchanging money in Jabalpur or any foreign city, it's important to be informed to avoid excessive charges and get the best deals. Consider opening a bank account in India for long-term stays or substantial investments like buying property or cars.
1. Beware of 'zero fee' services
Services claiming 'no commission' often offer poor exchange rates, not reflecting the mid-market rate, leading to hidden profits for them.
2. Check the exchange rate beforehand
Familiarize yourself with the base rate to identify a bad deal from exchange services.
3. Avoid exchanging money at airports or hotels
Convenience comes at a price, as airports and hotels usually offer poor rates and high transaction fees.
4. Use ATMs strategically
Check if your home bank has partnerships in India banks to avoid extra ATM fees, and inform your bank before traveling.
5. Opt for local currency
When using an ATM abroad, choose to be charged in Indian rupees for a fairer rate and avoid undisclosed exchange rates and additional fees.
Currency exchange bureau who?
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Other currency exchanges
Bottom line
As you can see, there’s no shortage of options when it comes to exchanging money in Jabalpur. Don't forget to do your research on the exchange rate before converting your money, and check Wise out if you want a fuss-free alternative to exchanging cash.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.