Experience seamless
banking with RI global savings account

Only Resident Indians under LRS can open an account at GIFT City.

The account supports major currencies: USD, GBP, EUR, CAD, AUD, AED, HKD & SGD.

With a Global Savings Account, you can save and use major foreign currencies like USD, EUR, GBP, CAD, AED, AUD, SGD & HKD. You earn good returns, can nominate beneficiaries for smooth fund transfer and manage your account anytime through Net Banking, making international transactions easy and convenient.

Remittances other than LRS are allowed only if they originate from LRS funds or income earned on such funds provided a declaration from the RI, with respect to remittances into the Foreign Currency Account (FCA) from locations other than onshore India, that such remittance represents funds duly remitted earlier under LRS or income earned on the investments made from funds duly remitted earlier under LRS.

Fill the account opening form and submit it at the branch or to your RM.

Any received /realised /unspent /unused foreign exchange from onshore India or from locations other than onshore India in Foreign Currency Account (FCA), unless reinvested within a period of 180 days from the date of such receipt/ realization/ purchase/ acquisition or date of return to India shall repatriated through an Authorised Person (AP) to the account of the RI in designated Authorised Dealer (AD) Bank.

You can manage your funds anytime via secure Net Banking, ensuring seamless access to your savings globally.