Explore the best NRI FDs

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GIFT City FDs are fixed deposits offered by banks operating in the Gujarat International Finance Tec-City (GIFT City), India's global financial hub. Regulated by the International Financial Services Centres Authority (IFSCA), these deposits offer competitive interest rates in foreign currencies with tax exemptions.

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Frequently asked questions

What is a GIFT City FD?

In which currencies can I invest in GIFT City FDs?

How is the interest income from GIFT City FDs taxed in India?

Are GIFT City FDs repatriable?

Can I withdraw my GIFT City FD before maturity?

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Belong app is operated by Betafront Technologies Pvt Ltd and its subsidiary, Betafront Financial Services (IFSC) Private Limited which is a licensed Payments Services Provider (PSP) under International Financial Services Centres Authority (IFSCA) in GIFT City.

USD fixed deposits to be provided on Belong app are by branches of trusted India banks present in GIFT City. These banks are regulated by IFSCA in GIFT City as well as by RBI.