Students in Chembur leaving to study abroad can get free forex and travel guidance from DreamDestination: how to send tuition fees to the university, how to divide your money between a forex card, cash and a bank account, when to book the flight and what to keep in your documents folder. We are not a forex dealer or travel agent — you buy from an authorised dealer and the airline.
Paying a foreign university from Chembur is not the same as an ordinary bank transfer: there is paperwork, a tax collected at source in some cases, and several days between sending and the university confirming receipt. Leave it to the week of the deadline and it becomes stressful.
Student forex and fee remittance guidance in Chembur
Tuition is remitted through your bank or an RBI-authorised dealer under the Liberalised Remittance Scheme. Keep the university's bank details and payment reference, your fee or offer letter, PAN and KYC documents ready. Quote the reference exactly as given, and allow several working days for the money to arrive and be acknowledged before the deadline.
Tax collected at source can apply to foreign remittances, and the treatment differs when the fees are paid from an education loan. The rules are revised in the Union Budget, so we explain the position that applies when you remit.
Chembur has no shortage of consultants, coaching centres and lender branches, so the difficulty here is rarely access — it is telling advice from a sales pitch. Our pre-departure guidance is free and we earn nothing from any lender, so the recommendation does not depend on what you sign up for. Sessions run by video or phone, including evenings and weekends for working professionals.
This page is written for final-year students, recent graduates and working professionals in Chembur, Maharashtra planning a master's or another course abroad, and for the parents helping them decide. The same service is available to students in Jalgaon, Mulund, Amravati and Bhiwandi, and across the rest of Maharashtra.
A student leaving Chembur should not keep all their money in one form. A forex card covers day-to-day spending and can be reloaded from India; a modest amount of local currency covers the first days; and a bank account in the destination country, opened on arrival, handles rent and bills. Compare forex cards on exchange margin, reload fee and ATM charges rather than on the headline rate.
Prepaid forex card
Local currency for arrival
International or local bank account
A backup card kept separately
Booking the Flight
Choose the flight by the date the university wants you there and the day your room is available, rather than by the lowest fare. Confirm the baggage allowance for students, the earliest date your visa lets you enter, and how you will travel from the airport.
Where to Buy Forex
Buy foreign exchange only from a bank or an RBI-authorised dealer, and keep the receipt. We are not a forex dealer or a travel agent and earn nothing on your purchase — we help you compare what authorised providers in or serving Chembur are offering.