Savings Account for GIFT City

Interest Bearing Account

Interest rate @2% pa will be paid on the account balance.

Read More

Currency

Savings Account can be opened with US Dollars (USD).

Read More

Average Minimum Balance

Average Monthly balance of USD 5000 needs to be maintained.

Read More

Non-Maintenance Charge

A fee of USD 100 per month will be levied in case of non-maintenance of minimum account balance.

Read More

Eligibility Check

Saving accounts can be opened by Non-Resident Indian (Only Individual).

Frequently Asked Questions

I. Individuals

  • Account opening form

  • Photocopy of passport

  • Photocopy of valid visa / work permit / residence card

  • Address proof (Electricity bill / Telephone bill)

  • Bank account statement

  • Income proof

  • One Photograph

All documents are required to be self-attested. All documents should be valid and in case of bank statements/bills, they should not be more than 3 months old.

A cheque book is not issued on the saving account.

 Interest rate @2% pa will be paid on the account balance and it will be paid on monthly basis.

Average Monthly balance of USD 5000 needs to be maintained.

United States Dollar (USD)