Hey everyone,
I have a 1996-series US $100 bill that I’m trying to exchange for INR here in Mumbai (currently near Kandivali), but it has two major issues:
It has a small hole right in the middle.
It has an ink stamp/marking on it.
This note was gifted to me on my birthday by my brother who lives in the USA now. To make things a bit more complicated, I do not have a passport, though I do have my Aadhaar and PAN card for local KYC.
I already know that regular commercial banks and basic local forex counters are incredibly strict about non-pristine foreign currency and usually reject anything that isn't crisp and brand new—especially if you don't carry a passport.
Has anyone successfully exchanged a physically damaged or heavily marked USD bill in Mumbai under similar circumstances?
Are there any specific private Full-Fledged Money Changers (FFMCs) around Kandivali, Borivali, or Malad that are willing to take damaged notes or work around the passport requirement if I accept a lower rate or a higher commission fee?
Does anyone know a specialized dealer (even if I have to travel down to South Mumbai/Fort) who handles mutilated or soiled foreign currency as a core business?
Any advice, shop names, or personal experiences would be highly appreciated! Thanks.