IFSC Banking Unit (IBU), GIFT City

Federal Bank opened its IFSC Banking Unit (IBU) at GIFT City in November 2015. An IBU is equivalent to an Overseas Branch for all practical purposes. It facilitates a base for world class International Banking services in the country. Federal Bank IBU caters to both domestic and international clients for their various requirements and has executed transactions in various segments like manufacturing, metals, media & entertainment, health care, electrical, food, construction, retail etc.

Gujarat International Finance Tec (GIFT) City is India’s first International Financial Service Center (IFSC) located at Gandhinagar, Gujarat. IFSC in GIFT City is conceptualized and designed at par with other global financial centers operating in various parts of the world viz. DIFC Dubai, ADGM, Singapore, Hong Kong, City of London etc.

Federal Bank IBU offers the following facilities:
 

For Non-Resident Individuals

For Resident Individuals
  • Current Accounts
  • Savings Account
  • Term Deposits
  • Demand/Overdraft Loan against NRE/FCNR Deposits
  • Structured products
  • Current Accounts

For Indian Corporates

For Overseas Companies
  • Trade credit facilities (Buyers' Credit, Reimbursement Authorisation Financing etc.)
  • External Commercial Borrowings (ECB)
  • Accepting foreign currency deposits
  • Credit facilities to Wholly Owned Subsidiaries (WOS))/Joint Ventures (JV) of Indian companies registered abroad
  • Credit facilities to overseas companies

Treasury Activities
  • Overseas money market operations
  • Investments in overseas securities
  • Foreign Exchange

Contact Us

Address

Phone

E-mail

The Federal Bank Ltd

Unit No. 703, 7th Floor, Hiranandani Signature

Multi – Special Economic Zone, GIFT SEZ

GIFT City, Gandhinagar, Gujarat - 382355

+91-79-68132300

ibugift@federalbank.co.in

retail.ibu@federalbank.co.in

Please contact your branch or Relationship Manager, if you are an existing customer of Federal Bank.