MUR– INR Currency Conversion
Mauritius is one of the top premium travel destinations for people travelling abroad from India. As per a report, more than one lakh people travel from India to Mauritius every year. Mauritian Rupee is the currency of Mauritius which is also one of the exotic currencies. In case if you are planning for a trip to Mauritius and looking to convert Indian Rupee to Mauritian Rupee (MUR to INR), now you can just convert it online with one click and get it delivered at your home.
Here is how!
How to Convert Mauritian Rupee to Indian Rupee (MUR to INR) in India?
Foreign exchange market in India is highly regulated and opaque in nature. Though you can convert Mauritian Rupee to Indian Rupee (MUR to INR) in India via multiple sources like from your bank or other local money changers, you may end up paying significantly higher currency conversion costs. Despite paying a higher cost, you would be required to make multiple branch visits and go through a complex documentation process to get your foreign exchange from these places. Â
Instead of going through such a pain, now you can also convert MUR to INR or INR to MUR online with just a few clicks at bookmyforex.com and get it delivered at your home. You can also search for live Mauritian Rupee rate from our currency rate card and place your order at live rates.
Why BookMyForex provides the best rates for converting MUR to INR?
Unlike other money changers which provide currency exchange facilities at fixed rates, BookMyForex is a digitally enabled marketplace which allows customers to book their currency orders at live rates online with the comfort of their homes.
As you must be knowing, the currency exchange market is highly volatile in nature and fixing the currency conversion rates for the day would require keeping higher margins against volatility. Since banks or local money changers provide you with foreign exchange at a fixed rate for the day, they charge higher margins and higher currency conversion charges.
Being a digitally enabled marketplace, BookMyForex not only saves various kind of fixed costs but also compares best MUR to INR rates in your neighbourhood across multiple money changers and provides you with the Mauritian Rupee (MUR) currency at the best rates.
Since you can place your order for MUR to INR conversion at live rates with BookMyForex, it saves you a lot of costs. Most of the foreign currency-related products on BookMyForex are provided at the exact interbank rates.
How to convert MUR to INR online at BookMyForex?
You can complete your foreign exchange related transaction and convert your Mauritian Rupee (MUR) to Indian Rupee (INR) at BookMyForex in 4 simple steps:
Steps to Place a Currency Exchange Order at BookMyForex:
Step 1: Visit BookMyForex.com or simply call at 9212219191
Step 2: Select your currency that you want to exchange and enter the amount. Here you can select Mauritius Rupee to convert INR to MUR.
Step 3: Upload your travel documents which include your Passport, Visa, Air Ticket and PAN Card details.
Step 4: Make your payment and get the Mauritius Rupee delivered directly at your home.
Benefits of Converting MUR to INR Online at BookMyForex:
Q1. What are the documents required to buy/see Mauritius Rupee in India?
Ans. As per the guidelines released by the Reserve Bank of India, the following documents are required to buy/see Mauritius Rupee or convert MUR to INR in India:
- Passport
- Visa
- Air Ticket
- PAN Card
Note: BookMyForex provides you with the facility to upload these documents online with the comfort of your home.
Q2. How much Indian Rupees that I can convert into Mauritius Rupees in a year?
Ans. As per the Liberalized Remittance Scheme (LRS) of the RBI, resident individuals are allowed to remit the US $ 2.5 lakh or its equivalent in a financial year. However, this is the cumulative limit of foreign exchange conversion in a financial year. Suppose you have already transferred US $ 1 lakh as remittance to some foreign country in the current financial year, then you are eligible to convert US $ 1.5 lakh in the year which is the residual amount of LRS limit.
