FAQs - Term Deposit
- For IDBI Bank customers, KYC will be simplified and as provided to domestic branches; please contact your home Branch/ GIFT Branch for further assistance.
- For new IDBI customers, KYC guidelines as specified in the RBI Master Directions - Master Direction DBR.AML.BC.No.81/14.01.001/2015-16 and further updates will need to be followed; please contact GIFT Branch for assistance.
Yes, in compliance with RBI Circular RBI/2024-25/49 A.P (DIR) Series Circular No. 15 dated July 10, 2024 and further updates; please contact GIFT Branch for further assistance.RRBiBI/2024-25/49RBI/2024-25/49
The minimum amount is USD 10000/- and there is no limit for maximum amount.
Deposits can be placed in USD & EURO
The minimum tenure is 7 days and the maximum tenure is 5 years.
Any person (other than a natural person) located in IFSC notified SEZ, or individual, companies/corporations outside India (subject to the laws, regulations, etc., of their respective jurisdictions), or any other entity(ies) approved by RBI in this regard shall be eligible to avail of deposit facilities provided by IFSC Banking Unit referred as IBU