Forex
- We offer best rates in the industry.
- We are authorised to release foreign exchange for your visit abroad - Personal as well business.
- You may Purchase/reload AXIS forex cards from any of our branches.
- You may purchase/reload Axis Bank Travel Currency Cards through any or any branches.
- You can receive money through WESTERN UNION from any of our branches.
- To make Forex services available across India as a ‘reliable and affordable product’ for the customers at a competitive price, through the vast distribution network.
- We buy and sell all foreign currencies and travlers cheques throught channel partners of AXIS & WEIZMANN forexcards.
Products & Services:
Given below is the range of Forex services Following offered from Post office counters. Forex services are subject to regulations of Reserve Bank of India.
Service |
Scope |
Foreign currency notes (FCN) |
Buying and selling |
Travellers Cheques (TC) |
Buying and selling |
Store Value card (SVC) |
Selling |
Arrangement for Demand Drafts (DD) |
Selling |
Wire transfers (WT) - REMITTANCES |
Selling |
Money Transfer
The safest easiest and fastest way to transfer money from anywhere in the world to India is through Western Union Money Transfer, for payment at Weizmann Forex Ltd., locations as authorized by Reserve Bank of India. Western Union Financial Services Intl., USA is the largest and most trusted service provider in the world and has been in existence since 1871, for immediate pay-out in 200 countries including India. Weizmann Forex Limited is a Principal Agent and also is the market leader in the Money Transfer having its own branches throughout India which are conveniently located. Weizmann Forex has also more than 50000 agent partner locations spread across Rural as well as Urban India .To send money to someone in India then make sure, you do it through Western Union Money Transfer and through Weizmann Forex Limited locations /agent partner locations for payment.
Rate of Interest on Term Deposits
Period |
General |
Senior Citizens |
45 Days to 90 Days |
6.00% |
6.00% |
91 Days to 180 Days |
7.00% |
7.50% |
181 Days to Upto 1 Year |
9.00% |
9.50% |
1 Year to below 2 Years |
10.00% |
10.50% |
2 Year to below 3 Years |
11.00% |
11.50% |
3 Year & above |
12.50% |
13.00% |
Recurring Deposits Table
Amount |
30 Months |
60 Months |
1000 |
43860 |
84803 |
2000 |
87721 |
169606 |
3000 |
131582 |
254409 |
4000 |
175440 |
339213 |