A Comparative Analysis Between BookMyForex and Other Money Changers:

How to Convert BRL to INR at  BookMyForex?

Why BookMyForex provides the best rates for BRL to INR conversion?

• Fixed vs Live Rates:  Almost all of the currency exchange institution such as banks and local money changers provide Brazilian Real at fixed rates for the day. Since the currency exchange rate market in India is highly volatile, these institutions keep higher margins over the interbank rate to tread against the market volatility. Higher margin simply means a higher cost to the consumer. Instead of fixing the exchange rate, BookMyForex allows you to book your forex at live rates and passes the cost-benefit to the customer. For example, if you want to load or reload prepaid forex card to convert INR to BRL, you can do it at exact interbank rates (zero margin rates) at BookMyForex. Also Read: To Know More About Best Forex Cards in India 
  
• Individual vs Aggregator: If you want to sell/purchase Brazilian Real from offline stores at best rates, you need to go for stores hopping from one place to other. In order to provide convenience to collects the data from all the nearby money changers compares it and provides you with the best rate available to purchase/sell Brazilian Reals. So the customer can save the shoe and leather cost involved with store hoping.
• Institutional Costs: Most of the money changers in India have an institutional setup at the physical level which involves various kinds of fixed costs such as rent, salaries and other operating costs. The simple rule of economics tells us that all of these costs are ultimately borne by the customer in the form of higher fee and purchase price.
  Being a digitally enabled platform, BookMyForex saves that cost and passes that benefit to the customers in the form of lower fees and charges. 

Benefits of  Placing Your Currency Exchange Order at BookMyForex

Documents Required to Buy Brazilian Real (INR to BRL) in India

As per the guidelines released by the Reserve Bank of India, the following documents are required to buy/sell Brazilian Rupee or convert BRL to INR:

1. Passport
2. Visa
3. Air Ticket
4. PAN Card 

Note: In order to ensure convenience to its customer, BookMyForex provides the facility to its customers to upload mandated documents online from the comfort of their homes.