Products and services

Kotak Mahindra Bank's IBU in GIFT City offers the following products:

  • Loans & Advances
    • Long Term & Working Capital Loan for overseas Subsidiary of Indian Companies.
    • External Commercial Borrowing (ECB) for Indian Corporates.
    • Trade Loans
    • SBLC backed by Term Deposits
  • Deposits (For Entities operating in GIFT – IFSC and Non Resident Entities and Individuals)
    • Current Accounts
      • USD Current Accounts
      • Nil charges on Outward Remittances and no commitment on Account Maintenance
      • Non Face to Face account opening
      • Request for Outward Remittances through Net Banking
    • Term Deposits
      • Amount: Min Amount of USD 1,000 and in multiples thereof
      • Deposit Schemes: With and without premature withdrawal
      • Tenor: From 31 days upto 5 years
      • Request for Term Deposit through Net Banking.
  • Treasury Products
    • Non Deliverable Forwards (NDF)
    • Fx - Cross currency Cash, Tom, Spot, Forwards and LTFx
    • Interest Rate Swaps (IRS) & Cross Currency Interest Rate Swaps (CIRS)
    • Cross Currency Swaps (CCS) & Principal only Swaps (POS)