Currency Exchange in Pune

Live Interbank Rates · Zero Markup

Live Forex Rates in Pune Today

The exchange rates below are live interbank rates, the same rate banks use when trading with each other. Matrix Forex applies zero markup on all transactions.

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₹0

Fees

Same Day

Delivery

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Indicative rates · Zero markup applied · Confirmed at time of transaction

LIVE RATES

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What We Offer

Forex Services Available in Pune

Three services available online with home delivery across the city.

💱

Service 1

Foreign Currency Notes

Buy currency in USD, EUR, GBP, AED, SGD, THB, AUD, and more at live interbank rates. Delivered to your home or office the same day, Monday to Saturday.

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Service 2

Matrix Forex Card

Visa-powered prepaid card supporting 28 currencies. Load at live rates before your trip. Zero cross-currency charges when the right currency is loaded.

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Service 3

Send Money Abroad

Outward remittances for education, family maintenance, medical treatment, and personal travel under LRS. Up to USD 250,000 per year.

Send Money →

The Hidden Cost of Forex

Why Pune Residents Lose Money on Forex Without Realising It

Pune is one of India's fastest-growing cities for international travel. Hinjewadi and Magarpatta send IT professionals to the US, Europe, and Singapore on a regular basis. Koregaon Park and Kalyani Nagar have a large expat and NRI community. Pune's universities and colleges send thousands of students abroad every year. The demand for foreign currency is high, and the default for most people has been a bank branch or a local money changer.

When a bank or counter quotes you a rate, that rate already includes their margin. It does not appear as a separate charge. On a ₹1 lakh transaction, a 2% markup costs ₹2,000 — with no line item on any receipt. Over ₹2 lakh, that is ₹4,000 leaving your account without explanation.

Matrix Forex transacts at the live interbank rate with zero markup. The rate in the converter above is the rate at which your transaction is processed. No additional margin.

The practical takeaway: check the mid-market rate on Google before any forex transaction. Compare it to the rate you are being quoted. The gap is your markup.

Bank / Counter Rate

+2% markup

₹2,000 lost on ₹1L

vs

Matrix Forex Rate

0% markup

Live interbank rate

On a ₹2 Lakh Transaction

Bank (2% markup) ₹4,000 extra charge

Airport counter (5% markup) ₹10,000 extra charge

Matrix Forex ₹0 markup

According to RBI data, India processed USD 29.56 billion in outward remittances under LRS in FY2024–25. Even a 1% markup difference across that volume represents thousands of crores transferred to intermediaries rather than customers.

Same-Day Delivery

Same-Day Forex Delivery Across Pune

Pune's geography spreads across a wide area. An IT professional in Hinjewadi, a student in Kothrud, a family in Aundh are all are reachable under the same delivery process. Same-day delivery means the currency arrives at your door on the day you order, not two days later.
The online order process takes under 10 minutes: check the live rate, place the order, upload documents, confirm payment. For time-sensitive situations such as a Friday visa approval or a Monday departure, this matters.

Delivery Coverage — Pune

Hadapsar, Magarpatta, Kharadi, Koregaon Park, Kalyani Nagar, Viman Nagar, Baner, Aundh, Hinjewadi, Wakad, Pimpri-Chinchwad, Kothrud, Deccan, Shivaji Nagar, Camp, MG Road, Swargate, Kondhwa, Wanowrie, Yerawada, Vishrantwadi, Sangamwadi, Pimple Saudagar, and surrounding areas.

🏢 Walk-in Branch Available

Our Branch

Walk In or Get It Delivered

The Hadapsar branch is located in Magarpatta City, one of Pune's major IT and business hubs. It is accessible from Hadapsar, Kharadi, Koregaon Park, Kalyani Nagar, Viman Nagar, and the eastern corridor of the city. Business hours are Monday to Saturday, 9:30am–6:30pm. Most forex platforms operating in Pune are delivery-only aggregators. Matrix Forex gives you the option to walk in and deal directly with the branch team, with no intermediary, no vendor partner. If doorstep delivery is more convenient, home delivery covers all major areas of Pune. Orders placed online with documents submitted and payment confirmed before the applicable cutoff are dispatched the same day.

Open Today

Pune Branch

Address

Contact us for branch address

Phone / WhatsApp

+91 9560807781

🕐

Working Hours

Mon–Sat, 9:30 AM – 6:30 PM

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Zero Markup Card

The Matrix Forex Card for Pune Travellers

Pune's outbound travel profile spans several distinct segments. Each benefits from the forex card differently. For IT professionals in Hinjewadi, Magarpatta, and Kharadi: frequent short trips to the US, Europe, and Singapore mean repeated exposure to exchange rate markups. Load USD, EUR or SGD once at a live rate and every spend on the trip, whether hotels, transport or client meals, is processed at that rate with zero per-transaction markup. For students leaving for the US, UK, Canada, or Australia: the card handles daily expenses without the 3.5% cross-currency markup that applies to a regular debit or credit card used abroad. At that rate, a student spending ₹30,000 per month on a credit card pays over ₹12,000 per year in markup alone. For expats and NRI-connected families in Koregaon Park and Kalyani Nagar: the card provides a secure way to hold and spend foreign currency without repeated exchange rate exposure. For leisure travelers heading to Bangkok, Dubai, Singapore, or Bali: the card removes the need to carry large amounts of cash and provides transaction-level security that cash does not offer.

✓ No joining fees

✓ No annual fees

✓ No delivery fees

✓ 28 currencies on a single card — USD, EUR, GBP, AED, SGD, THB, AUD and more

✓ Load in INR at live interbank rates before your trip

✓ Zero cross-currency charges on the loaded currency

✓ Visa-powered — accepted at ATMs, POS and online in 180+ countries

One important note: cross-currency charges apply when you spend in a currency not loaded on the card. Always load the currency of your primary destination. Our Hadapsar branch team will advise on the right combination before you travel.
The Matrix Forex Card supports: USD, CAD, GBP, AUD, SGD, EUR, HKD, JPY, NZD, SAR, ZAR, CHF, THB, AED, SEK

Get Forex Card → Request Callback

180+

Countries

0%

Markup

Free

Issuance

15

Currencies

LRS Remittances

Sending Money Abroad from Pune: LRS Rules

Pune has a growing base of families sending children abroad for higher education, professionals remitting money for family maintenance, and NRI-connected households managing overseas transfers. Here is what you need to know before remitting.

The LRS limit is USD 250,000 per individual per financial year, resetting on April 1 every year. Multiple remittances are allowed within the year as long as the cumulative total stays within the limit. The ₹10 lakh TCS threshold is cumulative across all remittance purposes in a financial year.

TCS is not an additional tax. It is advance tax collection, credited against your income tax liability for the year and claimable when you file your ITR. The Budget 2026 reduction from 5% to 2% on self-funded education and medical remittances is a direct reduction in upfront cash outflow for families.

Documents required for outward remittance through Matrix Forex: PAN card, Aadhaar, A2 form (provided by us), and a purpose-specific supporting document: admission letter for education, medical estimate for treatment, passport copy for personal travel.

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TCS Rates — Effective April 1, 2026

Purpose	TCS Rate
Education (loan-funded)	0% unchanged
Education (self-funded, above ₹10L)	2% (was 5%)
Medical treatment abroad (above ₹10L)	2% (was 5%)
Overseas tour packages	2% flat
Foreign investments (above ₹10L)	20% unchanged

TCS is not an additional tax — it is advance tax collection, credited against your income tax liability when you file your ITR. Source: Finance Act 2026; Section 394, Income-tax Act 2025.

Frequently Asked Questions

Currency Exchange in Pune: FAQs

How can I buy foreign currency in Pune?

You can buy foreign currency online at matrixforex.in with same-day delivery to Pune. Order before 2 PM, complete KYC and payment, and your currency arrives the same day. No branch visit required.

Does Matrix Forex deliver to Pune on weekends?

Yes. same-day delivery is available in Pune Monday to Saturday for orders placed before 2 PM. Sunday delivery is currently available from our Delhi branch only.

What is the forex exchange rate in Pune today?

The live interbank rates are shown in the calculator above, with zero markup applied. The rate you see is the rate you transact at. Check the calculator for today's current USD, EUR, GBP, AED, and other rates.

Are there any hidden charges for currency exchange in Pune?

No. Matrix Forex charges zero markup on the interbank rate and zero conversion fees. The only statutory cost is GST, calculated on the currency conversion value as per government slabs and disclosed upfront before you confirm.

Can I get a Forex Card in Pune?

Yes. The Matrix Forex Card is available in Pune via home delivery. A Visa-powered multi-currency card supporting 28 currencies, loaded at live interbank rates. No joining fee, no annual fee, no delivery fee.

Is Matrix Forex RBI-authorised for transactions in Pune?

Yes. Matrix Forex holds RBI Authorised Dealer Category-II Licence No. NDL-ADII-0023-2023, valid nationally. All transactions, regardless of your city, are FEMA 1999 compliant with full documentation provided.