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  • As per RBI norms, the GST is applicable as per travellers.
  • This amount is calculated considering one traveller. You can further add/edit travellers in preconfirmation page which can impact the total amount.
  • You may block foreign currency by paying 2% of total transaction value. This blocked rate will be valid for 2 working days.
  • As per RBI norms, the GST is applicable as per travellers.
  • This amount is calculated considering one traveller. You can further add/edit travellers in preconfirmation page which can impact the total amount.
  • You may block foreign currency by paying 2% of total transaction value. This blocked rate will be valid for 2 working days.
  • Disclaimer Note for TCS
    (i) Tax Collection at Source (TCS) at the rate of 0.5% or 5% as applicable will be levied under section 206C(1G)(b) of the Income Tax Act on remittance on account of Education purpose or Medical purpose, if the aggregate amount exceeds Rs.7,00,000 in a financial year under the Liberalized Remittance Scheme of the Reserve Bank of India.
    (ii) Tax Collection at Source (TCS) at the rate of 20% will be levied under section 206C(1G)(b) of the Income Tax Act on all other remittances not covered in (i) above without any threshold limit in a financial year under the Liberalised Remittance Scheme of the Reserve Bank of India.The TCS collected will be reflected in the 26AS of the payer for claiming Income Tax credit.
  • Disclaimer Note for non-refund of TCS
    In the event of cancellation of services and refund of amount, Tax collected at source under section 206C(1G) of the Income Tax Act, 1961 shall not be refunded. The non-refunded TCS will be reflected in the 26AS of the payer for claiming Income Tax credit.
  • Disclaimer Note for TCS
    (i) Tax Collection at Source (TCS) at the rate of 0.5% or 5% as applicable will be levied under section 206C(1G)(b) of the Income Tax Act on remittance on account of Education purpose or Medical purpose, if the aggregate amount exceeds Rs.7,00,000 in a financial year under the Liberalized Remittance Scheme of the Reserve Bank of India.
    (ii) Tax Collection at Source (TCS) at the rate of 20% will be levied under section 206C(1G)(b) of the Income Tax Act on all other remittances not covered in (i) above, if the aggregate amount exceeds Rs.7,00,000 in a financial year under the Liberalized Remittance Scheme of the Reserve Bank of India.
    The TCS collected will be reflected in the 26AS of the payer for claiming Income Tax credit.
  • Disclaimer Note for non-refund of TCS
    In the event of cancellation of services and refund of amount, Tax collected at source under section 206C (1G) of the Income Tax Act, 1961 shall not be refunded. The non-refunded TCS will be reflected in the 26AS of the payer for claiming Income Tax credit.
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INR to MYR Converter

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Buy, Sell or Transfer Malaysian Ringgit (MYR) in India at the best exchange rates

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Indian Rupee (INR) to Malaysian Ringgit (MYR)

Who doesn’t like exploring the world, but what stops many is the fluctuating exchange rate and lack of a reliable forex partner. If you are planning to visit Malaysia in the near future, then you must check out the current 1 INR to MYR exchange rate. But, if you are unsure about Malaysia and INR to MYR forex rate, then we have got something that will urge you to pack your bags and head straight to Malaysia.

Malaysia is located in the Southeast region of Asia and occupies areas of the Malay Peninsula and island of Borneo. The country is known for its prehistoric rainforests, beaches, and colonial buildings; for these and many other such reasons Malaysia is rightly called the ‘Heart of Asia’. If you want to enjoy a glimpse of European cultural influence, then Malaysia is a classic example.

Malaysian Ringgit Rate in Top Cities
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Malaysian Ringgit Rate in Chennai
Malaysian Ringgit Rate in Bangalore
Malaysian Ringgit Rate in Delhi
Malaysian Ringgit Rate in Karaikudi
Malaysian Ringgit Rate in Shillong

The country is home to the world’s tallest (451m tall) Petronas Twin Towers. Owing to its cultural diversity, Malaysia is also often referred to as a kaleidoscope of culture. This is the place where entertainment never stops; it’s almost like the city is wide awake throughout the night. If you want to experience the nightlife and the feel of a casino, then you ought to visit Malaysia. 

The best time to visit the east coast of this country is from March to September and the west coast is from November to August. Depending on your holidays, you can decide which part of Malaysia you will visit. Some of the things that you must see and do in Malaysia include Mount Kinabalu, Cameron Highlands District, Resorts World Genting, KLCC Park, and Malacca. 

If you have made up your mind to visit Malaysia, you must have even started planning your trip, isn’t it? However, your planning is incomplete and insufficient if you haven’t accounted for the exchange rate of the Malaysian Ringgit (MYR). MYR  is the official currency of Malaysia. 

 

Knowing the on-going INR to MYR exchange rate could improve your planning multifold. By considering the value 1 INR to MYR, you will be able to estimate the realistic cost of your upcoming trip. 

Are you looking for a reliable forex partner? 

At Thomas Cook, we value the trust of our customers and constantly work towards enriching their travel experiences by offering world-class travel solutions and the most competitive INR to MYR exchange rates. After being in the travel industry for decades, we understand the pain points of travelers better than anyone else and thus have transformed ourselves into a one-stop-solution for all your travel requirements. Business and leisure travelers across the world vouch for our service and competitive Indian Rupee to Ringgit exchange rate. 

Want to know the live Indian Rupee to Ringgit exchange rate

Visit our 24x7 online currency converter tool that will provide you with real-time Ringgit to Rupee exchange value. You can also visit your nearest Thomas Cook branch or call our forex expert to understand the complicated math involved in forex. 

To further simplify your experience at Thomas Cook, we facilitate you to convert INR to MYR online in just a few clicks. To buy forex online, you are required to visit the Thomas Cook website, fill in the required details, and we will deliver your forex at your doorstep in not more than 24 hours. Buy forex at Thomas Cook and stay safe from the hassle of finding a reliable forex partner in Malaysia. 

If you still have questions regarding Ringgit to Rupee exchange rates or other forex concerns, then head to our blog section and benefit from our expert tips. 

Want to convert INR to MYR? Visit Thomas Cook now and buy forex online at the most competitive prices and have a memorable trip to Malaysia.

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Frequently asked questions INR to MYR

In which currencies are the Prepaid Forex Cards available?
US Dollar, British Pound, Euro, Japanese Yen, Australian Dollars, Canadian Dollars, Swiss Francs and Singapore Dollar amongst many other currencies.
Are currency notes the best option to carry for travelling?
Currency notes may not be the best however, one of the great ways of carrying currency while you are travelling. These are especially handy to take care of all your petty expenses while you are on your trip. We facilitate most of the global currencies to cater to all your travel needs. Our experts will guide you with all the necessary proceedings, and we will provide you with absolutely authentic notes to ensure you travel safe and secure without facing any unwanted hassles.
How do I send money abroad?
You may visit the nearest Thomas Cook branch or have us call you back. Our experts will guie you with the best mediums to send money abroad without any hassle or inconvenience. They will ensure that you experience a seamless transactional process. Whether it is to do with the necessary documentation or understanding the mediums to make transfers, they will facilitate you with the most convenient and reliable assistance.
What is a Prepaid Forex Card?
Our Prepaid Forex Card gives you the best in class security, and the speed & flexibility all within the convenience of a card. It is a secure, convenient, and easy way to carry money and make payments whenever you travel abroad. You may load it up before you depart from India, and then pay for all your expenses during your trip abroad all on swipe. You may also withdraw cash using the forex card at all the authorised ATMs.
What is the validity of the Prepaid Forex Cards?
Thomas Cook’s prepaid forex card is reloadable with a validity of 5 years from the date of issuance of the card. During this given time, you may use the Prepaid Forex card for as many times you like. Whenever travelling abroad during the validity period, you can simply recharge your card at Thomas Cook with more foreign currency. All you need to do is just fill in the reload coupons given to you along with the necessary documents; your Card will be credited with the new amount within a few hours. This is subject to RBI regulations. (For latest on RBI regulation: www.rbi.org.in)

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