Manappuram Finance Limited

NEED TO EXCHANGE MONEY?

We Arrange At The Better Rates For You !

We buy and sell all major foreign currencies
Better forex rates in the industry.
Convert Indian Rupee to other currencies
Quick, easy and completely digitized process
Less documentation and no hidden charges
Facility to send money abroad
Overseas Education ( Institution Fees, Hostel Fees, Exam Fees )
Pilgrimage and Business Travel
We have RBI Approved AD-II licence

Send Money Abroad

Forex Purchase

Forex Sale

Domestic Money Transfer Highlights

Manappuram Finance Limited provides Domestic Money Transfer ( DMTS ) Services. Send Money to any Bank account through Manappuram Finance Limited. Cash to Account transfer facility through IMPS/NEFT.

Instant transfer to any bank in India within seconds.
Amount transfer through IMPS / NEFT.
Domestic Money Transfer Service is available in all our branches spread across the country.
Instant credit to beneficiary bank account through IMPS based service
From Monday to Saturday service available.
Safe and Secure

Associates

Please Contact For Enquires

Location	Department	Contact Number
HEAD OFFICE	MONEY TRANSFER	0487 3050171
HEAD OFFICE	MONEY TRANSFER	0487 3050176

Forex Solutions

Currency - Power - Any Time, Anywhere !!

Frequently Asked Questions

What forex services are offered by Manappuram Finance Limited?

Manappuram Finance Limited offers foreign exchange services including:

Sale and purchase of foreign currency notes
Travel-related foreign exchange
Forex Outward services for education, Pilgrimage(Hajj,Umrah), business travel.

Is Manappuram authorized to provide forex services?

Yes. Manappuram Finance Limited operates its forex business under valid authorization from the Reserve Bank of India (RBI),Under AD II Category.

What documents are required to purchase foreign exchange?

Customers must provide:

Valid Passport
Valid AADHAAR CARD
Valid Visa
Confirmed travel ticket
PAN Card
Completed A2 Form / declaration
Any additional documents required under FEMA or RBI guidelines

What is the maximum limit for purchasing foreign currency?

Resident individuals are permitted to make remittances up to USD 250,000 per financial year for any permitted current or capital account transactions or a combination of both as per the regulations prescribed under the Foreign Exchange Management (Current Account

Transactions) Rules, 2000, as amended from time to time, and the Foreign Exchange Management Act, 1999 (FEMA) or the rules or regulations framed thereunder.

What currencies are available?

Major 26 global currencies are typically available.

The main currencies are listed below:

US Dollar (USD)
Euro (EUR)
British Pound (GBP)
UAE Dirham (AED)
Australian Dollar (AUD)
Canadian Dollar (CAD)
Singapore Dollar (SGD)

Is PAN mandatory for Forex transactions?

Yes. PAN is mandatory for foreign exchange transactions & outward Remittance.

Are there any service charges?

Yes. Applicable margins and service charges may apply. Customers will be informed of the total payable amount before transaction confirmation.

What is the duration for the outward remittance to be credited to the institutional account?

In general, the amount will be credited to the account within 24 hours to 3 days.

Can I sell unused foreign currency?

Yes. If the customer can reconvert unused foreign currency into Indian Rupees with in 180 days of their arrival india.Flight Ticket/Visa , Valid ID Proof,PAN is mandatory for doing transaction.

Is forex service available at all branches?

No. Forex services are only available 35 Manappuram branches.

Branches Are:

S.NO	Br ID	Branch Name	Branch Address	State	Contact 1	Contact 2	Working Hour
1	1608	Navrangpura	Navrangpura 4, Nehal Building, Ist Floor, Near Jain Upashray, Commerce Six Road, Navrangpura, Ahmedabad Dt., Pin - 380 009	Gujarat	9376738779	9016579151	09:30 AM to 06:30 PM
2	95	Thane	Shreeji Arcade Commercial Premise Ground Floor, Door No 2,3,4 Opp. ICICI Bank, Almeida Road, Panchpakhadi, Thane, Mumbai, Maharashtra - 400602	Maharashtra	9048600095	9072694142	10:00 AM to 07:00 PM
3	54	Sakinaka	Mumbai Sakinaka Sagar Plazio Building Co OP Society Limited, Ground Floor, C T S No: 721/721 A, Mohali Gaon, Sakinaka Junction, Andheri Kurla Road, Andheri, East Mumbai, Mumbai Dt., M.H Pin - 400 072	Maharashtra	9072690054	9072694121	10:00 AM to 07:00 PM
4	105	Vashi	Navi Mumbai Vashi B1/F1, Sungrace Building, Ist Floor, Above Vaman Hari Pethe Jewellers, Sector - 10, Vashi, Navi Mumbai, Thane Dt., Pin - 400 703	Maharashtra	9846140105	7028041105	10:00 AM to 07:00 PM
5	458	East poolgate pune	Room No. 2401, Shop No. 2, Ist Floor, Radiant Arcade, Near Pool Gate Police Chowky, East Street Pool Gate Camp, Pune Dt., Pin - 411 001	Maharashtra	9072690458	9072694332	10:00 AM to 07:00 PM
6	3058	Samuel street Masjid Bunder	Samuel Street Masjid Bunder Building No. 35, 233/35, Ground Floor, Nina Navashad Keshwani Road, Bhatia Nivas, Samuel Street Vadgadi Masjid,Near State Bank of Jaipur & Bikaner, Mumbai Dt., Pin - 400 003	Maharashtra	9072693058	7028083058	10:00 AM to 07:00 PM
7	397	Bow Bazar	Bow Bazar Building No. 213 A, II nd Floor, B.B. Ganguly Street, Kolkata Dt., W.B Pin - 700 012	West bengal	9072603038	7994433687	10:30 AM to 07:30 PM
8	2222	Pipwala	Pipwala Town Chandigarh Building No. 2252/2, Ist Floor, Near Foji Ka Dabha Chandigarh Dt., Pin - 160 101	Chandigarh	7087110165	7994434200	09:00 AM to 06:00 PM
9	2772	Sukhrali Gurgaon	Sukhrali Gurgaon Kripa Ram Complex, Ist Floor, Above Reebook Show Room, Gurgaon Dt., Pin - 122 001	Hariyana	7042722772	7994434375	09:30 AM to 06:30 PM
10	2158	Model Town Ludhiana	Model Town Ludhiana Building No. 321, Ist Floor, Pink Plaza, Gulati Chowk, Model Town, Ludhiana Dt., Pin - 141 002	Punjab	9567072158	7994434178	09:00 AM to 06:00 PM
11	2291	shastri market jalandhar	Shastri Market Jallandhar Building No. 185, Ist Floor, Tyer Butikue, Civil Lines, Shastri Market Chowk, Jallandhar Dt., Pin - 144 001	Punjab	9746132291	7994434217	10:00 AM to 07:00 PM
12	2005	Rajapark Jaipur	Building No. C312, Ist Floor, Opp Maheshwari Public School, Jaipur Dt., Pin - 302 004	Rajastan	9072692005	9072694939	09:30 AM to 06:30 PM
13	82	Secunderabad	Secunderabad Ist Floor, Room No. 1-7-283/13 & 14, SD Road, Opp. Chandralok Complex, Nr. Paradise Circle, Secunderabad, Hyderabad, Pin - 500 003	Andhra pradesh	9995120082	9515103282	10:00 AM to 07:00 PM
14	3038	Valapad	Valapad Building No. III/154, Ground Floor, Near Valapad Govt. School, Kurssupally, Valapad P.O., Thrissur Dt., Pin - 680 567	Kerala	9072693038	8593959508	08:30 AM to 05:30 PM
15	1	Naikkanal,	Thrissur Naikanal Door No. XXIX / 267/6, Brothers Complex, Naikkanal, Thrissur Dt., K.L Pin - 680 001	Kerala	9048750001	9072694100	09:30 AM to 06:30 PM
16	4	Triprayar	Triprayar Door No. 256C, Ist Floor, Nr. Bus Stand and Petrol Pumb, Nattika (PO), Triprayar, Thrissur Dt., K.L Pin - 680 566	Kerala	9048130004	9072694101	08:30 AM to 05:30 PM
17	7	Manjakulam	Manjakulam PKD 1st Floor, Vyapara Bhawan Building, Nr. B.E.M School Junction, Manjakulam Road,Palakkad Dt., Pin - 678 014	Kerala	8589033357	9072694103	08:30 AM to 05:30 PM
18	8	Tirur	Tirur Thazhepalam Ist Floor, Punnassery Building, Opp. SBI, Thazhepalam, Tirur, Malappuram Dt., Pin - 676 101	Kerala	8589018608	8589011608	09:30 AM to 06:30 PM
19	19	Mavoor Road	Mavoor Road Calicut Intercity Arcade, Jafarkhan Colony Road, Nr. Bhima Jewellery, Mavoor Road, Kozhikode Dt., Pin - 673 004	Kerala	8589013019	8589015019	08:30 AM to 05:30 PM
20	65	Kaloor	Kaloor Thombra Arcade, Opp. Kaloor Bus Stand, Kaloor, Kochi, Ernakulam Dt.Kerala, Pin-682017	Kerala	8589096065	9072694130	09:30 AM to 06:30 PM
21	77	Kollam	1st Floor, Shan Complex,Near Arabian Jewellery, Beach Road- Kollam,-691001	Kerala	8589018477	8589059077	09:30 AM to 06:30 PM
22	78	Thiruvananthapuram	Tiruvananthapuram Fort Ist Floor, Capri Building, Ward No. 1, Near Pazhavangadi Temple, Kizhakke Kotta, Thiruvananthapuram Dt., K.L Pin - 695 023	Kerala	9048090078	9072694135	08:30 AM to 05:30 PM
23	81	Irinjalakuda	Irinjalakuda Ist Floor, KGNM Building, Above Central Bank, Nr. Bus Stand, Irinjalakuda, Thrissur Dt., K.L Pin - 680 121	Kerala	8589007581	9072694138	08:30 AM to 05:30 PM
24	76	Ottapalam	Ottapalam JRJ Complex & Enterprises, Ist Floor, Main Road, Nr. Canara Bank, Ottapalam, Palakkad Dt., Pin - 679 101	Kerala	8589051076	8589010376	08:30 AM to 05:30 PM
25	1139	Ravipuram	Ravipuram Building No. 39/4099, Ground Floor, Rukiya Bagh, M.G. Road, Ravipuram, Ernakulam Dt., Pin - 682 016	Kerala	9072691139	9072694623	09:30 AM to 06:30 PM
26	348	Thiruvalla	Thiruvalla Door No. 1033, 1034, 1052, Ward No. 7 Ambrayil Shopping Complex, Opp. YMCA, TK Road, Thiruvalla, Pathanamthitta Dt., Pin - 689 101	Kerala	8589018348	8589030348	09:30 AM to 06:30 PM
27	319	Kottayam	Kottayam Door No. 11534 C, Ist Floor, Parayil Building, Shastri Road, Kottayam Dt., Pin - 686 001	Kerala	8589014319	8589010319	09:30 AM to 06:30 PM
28	2459	Gandhipuram	Coimbatore Gandhipuram 24/3, Saraswathy Towers, Ist Floor, 10th Street, Nr. Bank of Baroda & SIB, Gandhipuram, Coimbatore Dt., Pin - 641 012	Tamilnadu	9072692459	9072695125	09:30 AM to 06:30 PM
29	115	Town Hall road	Madurai Town Hall Road Door No. 46 A, Opp. Veenus Electronics,Town Hall Road, Madurai-1 Dt., Pin - 625 001	Tamilnadu	9539300115	8056672115	09:30 AM to 06:30 PM
30	1290	Adayar	Chennai Adayar Door No. 21, Ist Street, New 2/1, Govindharajapuram, Adayar, Chennai Dt., T.N Pin - 600 020	Tamilnadu	9072101290	9072694674	09:30 AM to 06:30 PM
31	1088	Parrys corner	Parrys Corner New No. 257, Old No. 126, Zafarullah Towers, Angappa Naicken Street, Parrys Corner, Chennai Dt., Pin - 600 001	Tamilnadu	9072691088	9940251088	09:30 AM to 06:30 PM
32	1188	Brigade Road Palm Road	Brigade Road Palm Road No. 78 Ward No. 76, Al-Azeez Mansion, Ist Floor, Opp. St. Patricks Church, Above Ratna Mandhir, Brigade Road, Bangalore Dt., Pin - 560 025	karnadaka	9072691188	7899038872	10:00 AM to 07:00 PM
33	21	Mangalore	Mangalore Nellikkai RoadAl-Rahaba Plaza, Door No.C3, Ist Floor, State Bank Junction, Nr. Canara Bank, Nellikkai Road, Mangalore, Dakshina Kannada Dt., Pin - 575 001	karnadaka	9048700021	9072694115	09:00 AM to 06:00 PM
34	88	Noida	Noida Ist Floor, J - 4, Building No. 349, Opp. Wood land Show Room, Sector - 15, Baisoya Complex, Noida, Gautham Budh Nagar Dt., Pin - 201 301	UP	7042288088	7994433638	09:30 AM to 06:30 PM
35	873	Paharganj	Paharganj Building No. 3/3, Gupta Road, Near SBI, Paharganj, New Delhi. Pin - 110 055	Delhi	7042710873	7994433780	09:00 AM to 06:00 PM

Whom can I contact for forex assistance?

For more information:

Visit our nearest Manappuram branch
Contact customer care :1800 420 22 33
Email: [email protected]

What is the maximum amount that can be received per transaction under MTSS?

The maximum limit for a single inward remittance under MTSS is USD 2,500.

Is cash payment allowed for MTSS transactions in India?

Yes, but it is restricted. Cash payouts are permitted only up to ₹50,000 per transaction. Amounts exceeding this must be paid via account payee cheque, Demand Draft, or direct credit to the beneficiary's bank account.

How many transactions can a single beneficiary receive in a calendar year?

A beneficiary is restricted to a maximum of 30 remittances per calendar year.

What is the purpose of remittances allowed under MTSS?

It is strictly for personal purposes, such as family maintenance or remittances for foreign tourists visiting India.

What is the full form and purpose of MTSS?

MTSS stands for Money Transfer Service Scheme. Its purpose is to facilitate fast inward, personal remittances from abroad to beneficiaries in India (e.g., family maintenance).

Can MTSS be used for outward remittances from India?

No, MTSS is only for inward remittances. No outward remittance is allowed.

Are trade-related transactions allowed under MTSS?

No, trade-related payments, business investments, or donations are not permitted.

What is the maximum amount allowed per transaction under MTSS?

The limit is USD 2,500 per transaction.

Is there a limit on cash disbursement for MTSS in India?

Cash payouts are capped at ₹50,000 per transaction, with higher amounts settled via bank transfer or cheque.

What is required to receive funds via MTSS?

Recipients need to provide the Money Transfer Control Number (MTCN) and valid identification, such as a passport, Aadhaar card or Driving Licence/Voter id/ Govt of India issued documents to the agent.

Are foreign tourists eligible to use this service?

Yes, this scheme allows remittances to foreign tourists visiting India.

What is the role of an Indian Agent?

Authorized Agents manage the payout process, which includes verifying customer identity and distributing funds in Indian Rupees (INR).

Why Manappuram Finance Ltd?

Reserve Bank of India Licensed

We are leading NBFC from Kerala with AD II ( Authorised Dealer Category II ) License by the RBI and have been permitted to deal with Foreign Exchange Related transactions across its branches.