Enjoy Zero Charges on 28 Commonly Used Savings Account Services
Enjoy Zero Charges on 28 Commonly Used Savings Account Services
Enjoy Zero Charges on 28 Commonly Used Savings Account Services
Enjoy Zero Charges on 28 Commonly Used Savings Account Services
Enjoy Zero Charges on 28 Commonly Used Savings Account Services
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Unlock new horizons of growth in India’s
first international financial hub.
GIFT City is India's gateway to global financial markets. offering unparalleled business opportunities, world-class infrastructure, and a regulatory environment designed to drive economic growth and international investments.
Read moreResident Indians can open foreign currency denominated accounts and then subsequently invest in GIFT City under the Liberalised Remittance Scheme (LRS) of the Reserve Bank of India. GIFT City unlocks access to international financial products with tax benefits and global flexibility.
Read lessWhile GIFT City offers significant tax benefits for NRIs and foreign investors, Resident Indians also enjoy several advantages:
Investing in fixed deposits through GIFT City offers a unique blend of global access, stable returns, and tax efficiency. It is an ideal option for NRIs looking to grow their foreign currency savings securely.
Access to global markets from a unified platform
Investments are made in foreign currencies, offering a natural hedge against INR depreciation*
Hassle free, simplified account opening process
Invest in AIFs, Insurance and more without restrictions
No tax deducted at source on interest income
Enjoy monthly interest credits on your FIRST Global Savings Account - RI
*Currently FIRST Global Savings Account - RI is offered in USD and EURO
Investments must comply with LRS limits
Income earned abroad must be repatriated within 180 days unless reinvested
These options enable you to manage your global income without worrying about exchange rate conversions.
Existing IDFC FIRST Bank customers holding a resident Savings Account can opt for FIRST Global Saving Account - RI.
Enjoy zero fee banking on your FIRST Global Saving Account - RI.
Please click here to view the FIRST Global Savings Account - RI interest rates.
If you are an existing resident Savings Account holder with IDFC FIRST Bank, please click here to download the application form and submit the same at any IDFC FIRST Bank branch.
There are specific regulations that NRIs in the USA must adhere to when opening an NRI account in India. The Reserve Bank of India (RBI) has set guidelines to ensure compliance and transparency. NRIs need to provide valid identification documents, proof of NRI status, and adhere to the Foreign Account Tax Compliance Act (FATCA) regulations. FATCA requires individuals to report their financial accounts held outside the USA, and Indian banks, including IDFC FIRST Bank, must report NRI account details.
There are specific regulations that NRIs in the USA must adhere to when opening an NRI account in India. The Reserve Bank of India (RBI) has set guidelines to ensure compliance and transparency. NRIs need to provide valid identification documents, proof of NRI status, and adhere to the Foreign Account Tax Compliance Act (FATCA) regulations. FATCA requires individuals to report their financial accounts held outside the USA, and Indian banks, including IDFC FIRST Bank, must report NRI account details.
There are specific regulations that NRIs in the USA must adhere to when opening an NRI account in India. The Reserve Bank of India (RBI) has set guidelines to ensure compliance and transparency. NRIs need to provide valid identification documents, proof of NRI status, and adhere to the Foreign Account Tax Compliance Act (FATCA) regulations. FATCA requires individuals to report their financial accounts held outside the USA, and Indian banks, including IDFC FIRST Bank, must report NRI account details.
There are specific regulations that NRIs in the USA must adhere to when opening an NRI account in India. The Reserve Bank of India (RBI) has set guidelines to ensure compliance and transparency. NRIs need to provide valid identification documents, proof of NRI status, and adhere to the Foreign Account Tax Compliance Act (FATCA) regulations. FATCA requires individuals to report their financial accounts held outside the USA, and Indian banks, including IDFC FIRST Bank, must report NRI account details.
There are specific regulations that NRIs in the USA must adhere to when opening an NRI account in India. The Reserve Bank of India (RBI) has set guidelines to ensure compliance and transparency. NRIs need to provide valid identification documents, proof of NRI status, and adhere to the Foreign Account Tax Compliance Act (FATCA) regulations. FATCA requires individuals to report their financial accounts held outside the USA, and Indian banks, including IDFC FIRST Bank, must report NRI account details.
There are specific regulations that NRIs in the USA must adhere to when opening an NRI account in India. The Reserve Bank of India (RBI) has set guidelines to ensure compliance and transparency. NRIs need to provide valid identification documents, proof of NRI status, and adhere to the Foreign Account Tax Compliance Act (FATCA) regulations. FATCA requires individuals to report their financial accounts held outside the USA, and Indian banks, including IDFC FIRST Bank, must report NRI account details.
There are specific regulations that NRIs in the USA must adhere to when opening an NRI account in India. The Reserve Bank of India (RBI) has set guidelines to ensure compliance and transparency. NRIs need to provide valid identification documents, proof of NRI status, and adhere to the Foreign Account Tax Compliance Act (FATCA) regulations. FATCA requires individuals to report their financial accounts held outside the USA, and Indian banks, including IDFC FIRST Bank, must report NRI account details.
There are specific regulations that NRIs in the USA must adhere to when opening an NRI account in India. The Reserve Bank of India (RBI) has set guidelines to ensure compliance and transparency. NRIs need to provide valid identification documents, proof of NRI status, and adhere to the Foreign Account Tax Compliance Act (FATCA) regulations. FATCA requires individuals to report their financial accounts held outside the USA, and Indian banks, including IDFC FIRST Bank, must report NRI account details.
There are specific regulations that NRIs in the USA must adhere to when opening an NRI account in India. The Reserve Bank of India (RBI) has set guidelines to ensure compliance and transparency. NRIs need to provide valid identification documents, proof of NRI status, and adhere to the Foreign Account Tax Compliance Act (FATCA) regulations. FATCA requires individuals to report their financial accounts held outside the USA, and Indian banks, including IDFC FIRST Bank, must report NRI account details.