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URL: https://www.idfcfirst.bank.in/gift-city

⇱ GIFT City Banking Services for NRIs | IDFC FIRST Bank


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GIFT City

Unlock new horizons of growth in India’s
first international financial hub.

Overview

GIFT City is India's first International Financial Services Centre (IFSC), located in Gandhinagar, Gujarat. With a conducive regulatory environment that offers tax exemptions and facilitates the smooth flow of finance, the IFSC enables foreign nationals, non-resident Indians (NRIs) & enterprises to tap into India's rapidly growing economy. It boasts state-of-the-art infrastructure, access to a talented workforce, & a world-class regulatory environment that promotes greater ease of doing business, tax benefits & cost savings.

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GIFT City is regulated by the International Financial Services Centre Authority (IFSCA). With a wide range of financial services under its hood, it presents enormous opportunities to accelerate cross-border trade and facilitate foreign β€’ β€―β€―investment.
β€’ β€―The currencies in which transactions are being offered in USD, EUR. Remittance only in the currency of the account is currently offered.
β€’ β€―All request received by 3:00 PM IST would be processed on same working day.

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Who can open an account in GIFT City?

This offering is currently available to Non-Resident Indian (NRI) customers of the bank and
to entities operating within GIFT City.

Offerings for NRIs

NRI Global Savings Account

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GIFT City Deposits for NRI

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Financial Markets & Treasury

Services we provide:

Cash, Tom, Spot
transactions

Get your foreign currency transactions delivered as per your convenience through our Cash, Tom and Spot transactions.

FX Forwards including Non Deliverable Forward (NDF)

Exchange one currency for another at an agreed exchange rate on an agreed settlement date greater than two business days from the trade date.

Offerings for
Corporate Banking

Trade Finance

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Lending Products

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Offerings for
Business Banking

GIFT City Current Account

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GIFT City Fixed Deposits

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Correspondent Bank Details

To get the list of correspondent bank details .

Explore other NRI Banking products

NRI Savings Account

Explore a wide range of NRI Saving Account variants to suit your banking needs.

NRE Savings Account

Deposit your foreign income in India, in Indian Rupees, and enjoy unlimited repatriation and tax benefits.

NRO Savings Account

Manage your Indian income seamlessly from abroad with an NRO Savings Account.

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GIFT City FD vs FCNR FD: Which Is the Better Choice for NRIs?

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GIFT City Bank Account for NRIs: Features, Benefits & How to Open One

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What is GIFT City? A Complete Guide for NRIs & Global Investors

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VKYC for NRIs: A Seamless Digital Onboarding Experience

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What Is Inward Remittance? A Complete Guide for NRIs Sending Money to India

16 May 2026 | 3 mins read

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The Future of NRI Remittances to India: Key Trends & What They Mean for You

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Gift City Related Searches

Gift City Account

Gift City Fees & Charges

Gift City Current Account

Gift City Fixed Deposit

Get in touch with us

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Regulatory Disclosures

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For Inquiries

Visit to our branch : IDFC FIRST Bank Ltd – IFSC Banking Unit
606 Brigade International Financial Center, 6th Floor, Building No-14A, Block-14, Zone 1, GIFT- Multi- Services – Special Economic Zone, Gandhinagar – 382355