About Jammu and Kashmir
Being, situated on the north of the India, the currency in which the transactions are made is the Indian currency. Jammu and Kashmir region is a very beautiful region famous for its natural tourists attractions and artistic value attached to it. The landscape of Kashmir and white snow capped mountains are amazing. This place is mostly covered by the tourists for a pilgrimage tour to the temple of Mata Vaishno Devi and the centres like Amarnath Caves. The other attractions are Srinagar, Gulmarg, Pahalgam, Jammu, Leh, Ladakh and Patnitop. The pictorial houseboat on the Dal Lake is the major tourists spots.
Currency used in Jammu and Kashmir
A tourist needs to carry an Indian note on his tour to Jammu and Kashmir. The Reserve Bank of India issues the currency to the foreigners and allows a hassle free journey.
Rules Governing Currency in Jammu and Kashmir
As such no hard and fast rules are meant for the foreigner travelers, if they are coming to India to explore the mountainous city of Jammu and Kashmir. A foreign traveler is allowed to carry any currency to India including traveler’s cheque which will be taken care of by The Reserve Bank of India. A traveler needs to take care of one thing that the currency he/she is carrying along with him must be guided by an official declaration made at the time of his/her arrival. And most important, we as an Indians and The Reserve bank of that should make sure that a traveler who is coming on the Indian soil should return with the amount of money he/she had already declared to be carrying into the country.
Some various organizations including several banks and Bank of Jammu and Kashmir offer facility for currency exchange.