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    Vidyakul App becomes the key to success with its students in Std. 10 and 12 passing with flying colours in Gujarat

    Vidyakul App becomes the key to success with its students in Std. 10 and 12 passing with flying colours in Gujarat

    Gujarat CM felicitates family members of organ donors

    Gujarat CM felicitates family members of organ donors

    Gujarat CM launches 17th edition of Shala Praveshotsav from Memadpura primary school in Banaskantha

    Gujarat CM launches 17th edition of Shala Praveshotsav from Memadpura primary school in Banaskantha

    Blackk & One Sports Foundation organizing Yonex – Sunrise Gujarat State Badminton Championship 2022

    Blackk & One Sports Foundation organizing Yonex – Sunrise Gujarat State Badminton Championship 2022

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    Drishti Issues Advisory for coast of Goa for the Monsoon Months of June to September

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    Prawaas 3.0 – India’s flagship event on Public Transport to be held in Hyderabad from August 4-6

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    NSDL’s Market Ka Eklavya-Express Program reaches over 4,000 students across 75+ cities covering all States of India

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    MG Motor India presents Hector and ZS EV to ITIs in Gujarat to strengthen skill development

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    Seagull Advertising the start-up brand launch accelerator of Pune

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    GO FIRST announces new direct flights to Kuwait and Muscat from Kochi

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    Acer refreshes its bestselling Aspire 7 Gaming laptop with 12th Gen Intel® Core™ processor at a price of Rs 62,990

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    545 students from Aakash+BYJU’S achieve stupendous results in KVPY national fellowship program 2021

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    India’s leading diversity job portal, announced the third edition of its free virtual job fair for women

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    101 students from Aakash+BYJU’S qualify Mukhyamantri Vigyan Pratibha Pariksha (MVPP) 2022

    Kshitiz Sharma, a student of Aakash+BYJU’S from Chandigarh branch tops Himachal Pradesh Board of Secondary Education (HPBOSE); scores 98.6%

    Kshitiz Sharma, a student of Aakash+BYJU’S from Chandigarh branch tops Himachal Pradesh Board of Secondary Education (HPBOSE); scores 98.6%

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Capital India Finance Ltd. extends foreign exchange services in Gujarat through brand Remitx

NewsMonks by NewsMonks
1 year ago
in Economy
2 min read
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Capital India Finance Ltd. extends foreign exchange services in Gujarat through brand Remitx
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Capital India Finance Limited (CIFL), a listed Non – Banking Finance Company, has launched its new array of foreign exchange services in Gujarat. After the successful launch in New Delhi, Punjab and other parts of India, the Company has commenced foreign exchange operations in Vastrapur, Ahmedabad, and looking to be present in Baroda and Surat shortly. RemitX provides an integrated Foreign Exchange platform to offer outward remittance, buying and selling foreign currency bank notes, Foreign currency demand drafts, foreign currency prepaid cards, Travel insurance.  Additionally, foreign exchange services are also provided to students such as Outward remittance of University tuition fees, living expenses when studying abroad. 

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Dr Harsh Kumar Bhanwala, Executive Chairman, CIFL said, “We are geared up to offer seamless and real time technology – led foreign exchange remittance services in Gujarat’s major cities where the foreign exchange remittance market is likely to pick up due to increasing needs of cross-border money transfers. Post COVID, many students from these cities are now finalising their study plans abroad where RemitX services will help them for hassle-free remittances and compliances. With our own branches, RemitX will provide a superior experience in outward remittances and other foreign exchange services related to overseas education and other forms of foreign travel.”

‘RemitX’ has introduced an exclusive digital platform gba.remitx.com for Indian students travelling to Germany.  Any Student travelling to Germany for further studies has to mandatorily open Blocked Account before applying for Visa. RemitX has an exclusive arrangement for students travelling to Germany to open Blocked account before applying to consulate for obtaining Visa.  The entire arrangement is online and seamless for the student.  The foreign office of Germany in India has approved this arrangement and this mention is hosted on their Official Consulate website in India. The outbound travel is expected to resume by first quarter of FY 21-22. The overseas remittance activity among the student and their parent fraternity is expected to continue. RemitX aims to gain a significant market share in this space and expand further.  Currently, RemitX services are available in New Delhi, Mumbai, Jaipur, Agra, Chennai, Ludhiana, Patiala, Jalandhar, Ahmedabad, Nagpur and Nasik through its branch network catering to forex needs of various types of travellers including travel enthusiasts, business & leisure travellers and students traveling across the world for studies.

Tags: CIFLForeign ExchangeRemitx
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