What's special about us
Enjoy Zero Charges on All Commonly Used Savings Account Services
- About Us
- MD & CEO letter about the bank
- MD & CEO
- Our History
- Letter to Shareholders on the 1st Annual Report after Merger
- Letter to Shareholders on the 2nd Annual Report after Merger
- Letter to Shareholders on the 3rd Annual Report after Merger
- Letter to Shareholders on the 4th Annual Report after Merger
- Board of Directors
- Awards & Accolades
- News Room
- Investors
- Careers
- ESG
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As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on 1800 10 888 or visit the nearest IDFC FIRST Bank branch for further queries.
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GIFT City
Unlock new horizons of growth in India’s first international financial hub
What is Gift City?
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), and enterprises to tap into India's rapidly growing economy. It boasts state-of-the-art infrastructure, access to a talented workforce, and a world-class regulatory environment that promotes greater ease of doing business, tax benefits, and cost savings. Read More
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 investment. Read Less
Who can open an account in
the GIFT City?
Non-resident Indians (NRIs), foreign enterprises, and resident Indians can open bank accounts in IFSC GIFT City to transact seamlessly in foreign currencies. While NRIs can open both Savings and Current Accounts, resident Indians can only open Current Accounts in GIFT City.
IDFC FIRST Bank in GIFT City
With the IDFC FIRST Bank IFSC Banking Unit (IBU), NRIs, as well as enterprises, can invest in India through offshore Savings Accounts, Current Accounts, Deposits, and Trade Financing Solutions. Enjoy greater flexibility and convenience with our solutions tailored to meet your financial needs.
Introduction
Global commerce is facilitated by international trade finance, which provides financial solutions tailored to meet unique needs of importers and exporters. IDFC FIRST Bank IBU GIFT City offers a wide range of Trade Finance services to facilitate seamless business transactions. This allows importers and exporters to trade with their suppliers and customers across the globe while minimising risks.
Import Financing
Overview
In India, Buyers' Credit is a form of loan provided by foreign or overseas lenders to cover import costs. They are intended to support corporate clients' working capital needs. IDFC FIRST Bank IBU in GIFT City offers competitive rates for Buyer's Credit funding for our importer corporate clients at competitive rates.
Features & benefits
- Avail extended credit terms at competitive interest rates
- Quick and efficient service at IDFC FIRST Bank's GIFT City Branch
- Address working capital gaps
- Financial flexibility and risk mitigation
Overview 4
In India, Buyers' Credit is a form of loan provided by foreign or overseas lenders to cover import costs. They are intended to support corporate clients' working capital needs. IDFC FIRST Bank IBU in GIFT City offers competitive rates for Buyer's Credit funding for our importer corporate clients at competitive rates.
Features & benefits 4
- Negotiate better business arrangements with suppliers
- Avail cheaper means of financing capital/non-capital goods purchase
- Avail extended credit periods
- Enjoy flexible cashflow
Overview 5
Supplier's Credit is a credit arrangement provided to an importer for importing goods into India from a foreign or overseas supplier. It is against a Letter of Credit issued by the importer's bank. This arrangement provided by IDFC FIRST Bank IBU in GIFT City enables the importer to benefit from extended payment terms and affordable financing from an overseas bank.
Features & benefits 5
- Negotiate better business arrangements with suppliers
- Avail cheaper means of financing capital/non-capital goods purchase
- Avail extended credit periods
- Enjoy flexible cashflow
Overview 6
In India, Buyers' Credit is a form of loan provided by foreign or overseas lenders to cover import costs. They are intended to support corporate clients' working capital needs. IDFC FIRST Bank IBU in GIFT City offers competitive rates for Buyer's Credit funding for our importer corporate clients at competitive rates.
Features & benefits 6
- Negotiate better business arrangements with suppliers
- Avail cheaper means of financing capital/non-capital goods purchase
- Avail extended credit periods
- Enjoy flexible cashflow
Introduction 1
CV Point earn rate calculated on spend of every Rs. 200. CV Points are not applicable on EMI Transactions & Cash Withdrawal. Terms & Conditions on Club Vistara Benefits
Export Financing
Overview
In India, Buyers' Credit is a form of loan provided by foreign or overseas lenders to cover import costs. They are intended to support corporate clients' working capital needs. IDFC FIRST Bank IBU in GIFT City offers competitive rates for Buyer's Credit funding for our importer corporate clients at competitive rates.
Features & benefits 11
- Avail extended credit terms at competitive interest rates
- Quick and efficient service at IDFC FIRST Bank's GIFT City Branch
- Address working capital gaps
- Financial flexibility and risk mitigation
Overview
In India, Buyers' Credit is a form of loan provided by foreign or overseas lenders to cover import costs. They are intended to support corporate clients' working capital needs. IDFC FIRST Bank IBU in GIFT City offers competitive rates for Buyer's Credit funding for our importer corporate clients at competitive rates.
Features & benefits 44
- Avail extended credit terms at competitive interest rates
- Quick and efficient service at IDFC FIRST Bank's GIFT City Branch
- Address working capital gaps
- Financial flexibility and risk mitigation
Overview 12
In India, Buyers' Credit is a form of loan provided by foreign or overseas lenders to cover import costs. They are intended to support corporate clients' working capital needs. IDFC FIRST Bank IBU in GIFT City offers competitive rates for Buyer's Credit funding for our importer corporate clients at competitive rates.
Features & benefits 13
- Avail extended credit terms at competitive interest rates
- Quick and efficient service at IDFC FIRST Bank's GIFT City Branch
- Address working capital gaps
- Financial flexibility and risk mitigation
Overview 14
In India, Buyers' Credit is a form of loan provided by foreign or overseas lenders to cover import costs. They are intended to support corporate clients' working capital needs. IDFC FIRST Bank IBU in GIFT City offers competitive rates for Buyer's Credit funding for our importer corporate clients at competitive rates.
Features & benefits 14
- Avail extended credit terms at competitive interest rates
- Quick and efficient service at IDFC FIRST Bank's GIFT City Branch
- Address working capital gaps
- Financial flexibility and risk mitigation
Overview 15
In India, Buyers' Credit is a form of loan provided by foreign or overseas lenders to cover import costs. They are intended to support corporate clients' working capital needs. IDFC FIRST Bank IBU in GIFT City offers competitive rates for Buyer's Credit funding for our importer corporate clients at competitive rates.
Features & benefits 15
- Avail extended credit terms at competitive interest rates
- Quick and efficient service at IDFC FIRST Bank's GIFT City Branch
- Address working capital gaps
- Financial flexibility and risk mitigation
Overview
In India, Buyers' Credit is a form of loan provided by foreign or overseas lenders to cover import costs. They are intended to support corporate clients' working capital needs. IDFC FIRST Bank IBU in GIFT City offers competitive rates for Buyer's Credit funding for our importer corporate clients at competitive rates.
Features & benefits 16
- Avail extended credit terms at competitive interest rates
- Quick and efficient service at IDFC FIRST Bank's GIFT City Branch
- Address working capital gaps
- Financial flexibility and risk mitigation
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.
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