Where to exchange money in Udaipur

If you’re planning a trip to Udaipur, 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 Udaipur. 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 Udaipur

If you’re planning a trip to Udaipur, 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 Udaipur. 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.

Wise

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Currency exchanges in Udaipur

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 Udaipur.

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 ChangerAddressContact Information
NEPAL MONEY TRANSFER BANK BC6, GOLE CHOWK, Old City, Bapu Bazar, Nada Khada, Udaipur, Rajasthan 313001, India+91 94130 95044
Mewar International35, Lal Ghat Rd, Lal Ghat, near Mewar haveli, Old City, Silawatwari, Udaipur, Rajasthan 313001, India+91 94147 71698
EVERCOOL63, City Palace Rd, Bhatiyani Chohatta, Kalaji Goraji, Udaipur, Rajasthan 313001, India
Thomas CookShop No 3/4, Rang Niwas, Hotel Compound, Lake Palace Rd, Kalaji Goraji, Udaipur, Rajasthan 313001, India+91 88796 42572
Perfect Holidays102, Surya Complex, 100 Feet Rd, opp. Ashoka Palace & Punjabi Tadka, Shobhagpura, Udaipur, Rajasthan 313001, India+91 94136 41633
ICICI Bank Ashok Nagar, Udaipur-Branch & ATMNavbharat Sen Secondary School 0, Ashok Nagar, Udaipur, Rajasthan 313001, India
ICICI Bank Subhash Nagar, Udaipur-Branch & ATMSubhash Nagar B N College, Campus, Kumharon Ka Bhatta, Central Area, Udaipur, Rajasthan 313001, India+91 1800 1080
Muthoot FinCorp Gold LoanDoor No 10A, Ground Floor, Bedla Road, near Sahrkari Upbhogta, Old Fatehpura, Pulla Bhuwana, Fatehpura, Udaipur, Rajasthan 313001, India+91 92892 58939
ICICI Bank Polo Ground Road, Udaipur-Branch & ATMICICI Bank Ltd, Lakhawali Estate, 1-2, Sukher Rd, near ICICI Bank, Bhuwana, Udaipur, Rajasthan 313001, India+91 1800 1080
Muthoot Finance Gold Loan1st Floor, Mewar Motor Building, No. 17&18, City Station Rd, opp. Annapurna Restaurant, Udaipole, Toran Bawri, Ganesh Ghati, Udaipur, Rajasthan 313001, India+91 1800 120 2838

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Indian rupee rate today

When you're in Udaipur, and also the rest of India, the official currency is the Indian rupee.

Yet, when you step into a currency exchange shop, you'll notice they use currency codes. The code associated with the Indian rupee is INR, so be sure to take note of it when comparing exchange rates.


What you should know about exchanging money in Udaipur

Before exchanging money in Udaipur 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?

Forget all about walking around the city in search for fair exchange rates for a low fee.

With a Wise Account you can access over 70 currencies wherever you are - and all with a single card.

And what's even better, at the mid-market exchange rate. Low fees and fair rates all around the world, that's the Wise way!

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Bottom line

As you can see, there are plenty of options for exchanging money in Udaipur. Remember to do your research on the exchange rate and get the most out of your trip. For a fuss-free alternative to exchanging cash, check out Wise.

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.