Product Offerings

Call Account

A flexible account designed for seamless access to your funds.

Zero Balance Account – No minimum balance requirement
No Minimum Amount Required to open or maintain the account
Anytime Withdrawals – Enjoy complete liquidity whenever you need it
Multi-Currency Investment Options – Choose from 8 major currencies: USD, GBP, EUR, AUD, CAD, AED, JPY, CHF

Offshore Deposits

Secure, flexible deposits with attractive returns in major global currencies.

Competitive Interest Rates
Multi-Currency Deposits – Available in USD, GBP, EUR, AUD and CAD
Currency Switching Facility – Switch your deposit currency to any other offered currency at any time during the deposit tenure
Automatic Renewal Facility for uninterrupted growth
Flexible Tenors to suit your financial goals
Loan Against Deposits / Overdraft Facility available for added liquidity

Savings Account

An interest-earning account tailored for Non-Resident Indians.

Interest-Bearing Account – Earn interest at 2% per annum on account balances
Currency – Savings Account available in US Dollars (USD)
Average Minimum Balance Requirement – Maintain an average monthly balance of USD 5,000
Non-Maintenance Charge – USD 100 per month applicable if minimum balance is not maintained
Eligibility – Available for Non-Resident Indians (Individuals only)

Bonds

Diversify your portfolio with stable income and global exposure.

Foreign Bonds – Debt securities issued by overseas governments or large corporations to raise long-term funding
Regular Interest Income – Investors receive periodic interest payments as agreed at issuance
Fixed-Rate Bonds – Provide predictable and stable income throughout the holding period, subject to no early redemption or issuer default
High Liquidity – Bonds can be sold in the secondary market before maturity, allowing investors to realise capital gains if sold above purchase cost (or incur losses if sold below cost)
Capital Protection at Maturity – If held until maturity and in the absence of issuer default, investors receive 100% of the bond’s face value (before tax)
Available Currencies – USD, GBP, and EUR

Mutual Funds

Access global investment opportunities through a single, convenient platform.

Wide Range of Mutual Funds available across asset classes
Regular Mutual Fund Offerings with in-built leverage
Customised Investment Solutions tailored to individual needs
Available Currencies – USD, GBP, and EUR

Insurance

Comprehensive global insurance solutions with investment benefits.

Global USD-Denominated Life, Health, and Education Insurance Plans offered by HDFC Bank IBU at GIFT City
Custom Investment Strategies focused on globally diversified equity funds, fixed income funds, gold funds, and more
US Dollar Payouts to help reduce currency fluctuation risksm
Simple Onboarding with the flexibility to invest from anywhere in the world
Tax Efficiency – GST and Income Tax exemptions on premium payments, maturity proceeds, surrender value, withdrawals, and death benefits

1. Current Account: A flexible account designed for seamless access to your funds

Multi-Currency Investment Options - USD, GBP, EUR, CAD, AUD, CHF, AED, JPY
Seamless transactions

2. Offshore Deposits: Secure, flexible deposits with attractive returns in major global currencies.

Multicurrency Deposits: Available in USD, GBP, EUR, CAD, AUD
Flexible Tenors
Competitive Interest Rates

3. Trade Offerings: Trade offerings to simplify global trade for Indian Importers and Exporters.

a. Export Services:

Export Bill Collection / Under LC
LC Advising
Letter of Credit Negotiation / Discounting
Export bill collection under Documentary Collection.

b. Import Services:

Issuance of Letter of Credit
Inward Bill Collection
Import Bills under LC

c. Remittances

Inward Remittance
Outward Remittance

d. Bank Guarantees

Bank Guarantee / Standby Letter of Credit

e. Financing Structure for sales to India

UPAS (Usance Payable at Sight) LC Financing
Buyers Credit for sales to India

4. Custody and Capital Markets: A comprehensive suite of solutions designed to enable seamless global investment access.

a. Clearing Bank Services to Exchanges & Clearing Corporations

We act as a clearing bank to exchanges and clearing corporation in IFSC, ensuring efficient settlement and fund management.

b. Custody Services

Custody services to registered FME for Overseas Investment
USD Cash account to facilitate investments

c. Trading Cum Clearing Services

Trading cum clearing services - India International Bullion Exchange (IIBX)
Seamless transactions

d. NSE IFSC Receipt Custodian

Custodian for Global Stocks (UDR programme) of NSE IX
Facilitate depository services
Investment through LRS route for investments in UDR

e. Banking and Foreign Exchange (FX) services

Providing banking services for PMS / AIFs.
Forex transactions

f. Global Access Accounts.

Accounts for brokers, global access providers and intermediaries.
Funding and settlement support for international market access.

g. Payment Service Provider (PSP) Accounts

Dedicated accounts for regulated payment service providers

5. Wholesale Credit: Access to a range of long and short-term loans in multiple foreign currency including 

a. External Commercial Borrowings (ECB)

Indian corporates raising funds in foreign currency

b. Foreign Currency Working Capital Loans

Fund & non-fund based

c. Foreign Currency Term Loans

Multi-Currency Options

6. Institutional and treasury Business: Manage risk and transact across borders. Unlock access to financial markets and liquidity.

a. Cross-Currency Conversion

b. Hedging solutions

Non-Deliverable Overnight Indexed Swaps (ND-OIS)
USDINR NDF
Bullion Forwards (XAU, XAG)

List of Products offered