IBU GIFT City Corporate Term Deposit

Features

 

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Can be opened in USD, EUR & GBP & AUD etc
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Deposits are offered with fixed and floating interest rates. Floating rates are linked to benchmarks – SOFR/SONIA/EURIBOR.
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TDS will not be deducted for the Interest earned.
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Minimum deposit amount is USD 1,000 equivalent for Fixed Deposit and USD 10,000 equivalent for Floating Deposit.
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Minimum tenor of 7 days for Fixed Deposit and 1 year for Floating Deposit.
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Maximum tenor of 5 years for Fixed Deposit and 3 years for Floating Deposit.
 

 

How to open an account?

Who can Apply

  • Non-Resident Companies

How to Apply

  • Opening Term Deposit Account is very easy.
  • For opening account, please contact IBU GIFT City at retail.ibu@federalbank.co.in or contact us at +91-79-68132303.
  • You can also contact your home branch, your Priority Relationship Manager or IBU GIFT City.

Interest Rates, Fees & Charges