Gujarat International Finance Tec-City (GIFT City) in Gandhinagar, Gujarat, is India's first operational smart city and international financial services hub. Designed to compete with established global financial centres such as New York, London, Singapore, Hong Kong, Tokyo and Shanghai, GIFT City operates as a Multi-Services Special Economic Zone (SEZ) with an International Financial Services Centre (IFSC).
Your global savings, now earning global returns.
Open a USD savings account at India's premier International Financial Services Centre and enjoy competitive interest on your foreign currency —
Power your international business from India's global financial gateway.
A dedicated USD current account designed for entities, corporates, and businesses with cross-border operations — seamless, compliant, and built for the pace of global trade
Lock in competitive international rates. Unlock flexibility when you need it.
Grow your USD savings with a Central bank Of India - GIFT City term deposit — choose your tenure from 7 days to 5 years, and stay covered with a loan-against-deposit facility.
We also provide Demand Loan against term deposit of our bank (other than INR) at very competitive pricing.
Power your international business from India's global financial gateway.
A dedicated USD current account designed for entities, corporates, and businesses with cross-border operations — seamless, compliant, and built for the pace of global trade
Lock in competitive international rates. Unlock flexibility when you need it.
Grow your USD savings with a Central bank Of India - GIFT City term deposit — choose your tenure from 7 days to 5 years, and stay covered with a loan-against-deposit facility.
Central Bank of India IBU GIFT City is a market maker for Syndicated Loans.
Financing under syndication is a common way of extending large-ticket funding to corporates, bodies, and entities in the international market.
Central Bank of India IBU at GIFT City extends External Commercial Borrowings to eligible Indian Corporates
ECB enables Indian entities to raise long-term foreign currency funds from non-resident lenders. Our IBU at GIFT City is a recognised lender under the RBI ECB framework — offering faster processing, competitive pricing, and same time-zone convenience.
We also provide Demand Loan against term deposit of our bank (other than INR) at very competitive pricing.
Units enjoy 20 consecutive years of income tax exemption out of 25 years, significantly reducing your tax burden.
Transactions at GIFT IFSC are exempt from GST, Securities Transaction Tax, Commodities Transaction Tax, and stamp duty.
A single regulator (IFSCA) oversees banking, capital markets, insurance, and pension funds — simplifying compliance.
Transact in 15+ freely convertible foreign currencies.
Indicative interest rates on Foreign Currency Fixed Deposits at CBI GIFT City IBU. Rates are subject to change.
Please contact us for the latest applicable rates.
Central Bank of India's IFSC Banking Unit (IBU) at GIFT City, Gandhinagar is our offshore banking arm — treated as a non-resident entity under FEMA — providing a full suite of foreign currency banking services to resident Indians, NRIs, foreign nationals, and corporates.
Our IBU complements our domestic network with specialised capabilities in foreign currency deposits, trade finance, ECB lending and treasury products — all from India's premier International Financial Services Centre.
Central Bank of India
IFSC Banking Unit (IBU),
Unit No.4N (4th floor, North Side)
IFSCA HQ Building, GIFT SEZ, GIFT City,
Gandhinagar, Gujarat-382355
giftcityibu@centralbank.bank.in
Phone
+91 75875 16867 (IBU Desk)
IFS Code: GIFT0CBIN01
SWIFT Code: CBININAAXXX
Our USD Nostro Correspondent: SCBLUS33XXX
Monday - Saturday: 10:00 AM to Up to 5 pm PM
(2nd & 4th Saturday closed)
Chandermukhi, Nariman Point,
Mumbai – 400 021
