The currency of India is known as 'Rupee' and it is
widely accepted in the Chennai city of Tamil Nadu. One rupee is equal to
100 paise. The currency is available in the form of notes as well as
coins. The notes are available in the denominations of 5, 10, 20, 50,
100, 500 and 1000. It is difficult to find one and two rupee notes in
the market, now days. However, the coins are available in the
denominations of 1, 2 and 5. It is advisable to use notes for big
transactions and keep the change for giving tips, local transport fare
and other small expenses.
Besides liquid cash, you can also use other mediums for carrying out
your transactions, like credit cards, traveler cheques etc. Though these
mediums are convenient, they have their own limitations. They can only
be used at established places only. For traveling to small places, cash
should be carried. Moreover, for your convenience, there are many banks
and other organizations which provide currency exchange facilities.
These money exchangers are found in all the parts of the city. The banks
and other currency exchangers of Madras, providing the exchange
facility, are listed below.
