Empowering Global Banking from India's IFSC

Canara Bank IFSC Unit (CBIBU) offers seamless international banking services, ensuring trust, transparency, and world-class financial solutions for global clients.

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Multi-Currency Services
Deposit Services
  • SAVINGS ACCOUNT
  • CURRENT ACCOUNT
  • TERM DEPOSITS
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Treasury Products
Treasury Products
  • Derivatives (Forward, Swaps)
  • Best Currency Exchange Rates
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Trade Credit Services
Advances
  • ECB/Term Loan
  • Buyers Credit
  • Suppliers Credit
  • RA Financing
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Remittances
Remittances
  • Fund Transfer
  • Within IBU
  • IBU to anywhere in world
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Discover Canara Bank’s IFSC Banking Unit

Canara Bank IFSC Banking Unit (CBIBU) commenced its operations in September, 2023 and it is striving to cater to the global banking requirements of the Corporates and business units situated in India and abroad. Abided by the regulator IFSC Authority, CBIBU is committed to meet its international business standards ensuring compliance. With a legacy dating back to 1906, Canara Bank looks forward to make a mark at the IFSC GIFT City also. CBIBU is having the advantage of both being situated in India providing benefit of the time zone window for its counterparts located globally with competitive pricing and quick processing time from experienced personnel.

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100+
Transactions
Facilitated
50+
Clients Served

Applications & Forms

Quick access to account opening and service forms for your banking needs.

Effortless Services for Every Citizen

Comprehensive international banking solutions designed to support your global financial needs

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Deposit Services

Flexible deposit options with competitive rates to grow and safeguard savings for personal and business goals.

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Internet Banking

Access your accounts and manage transactions online securely.

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Rates & Service Charges

Stay updated with our latest interest rate, and service charges

IFSC Banking Unit, GIFT City Gandhinagar Gujarat

10th April, 2026 onwards

Rate of Interest for Term Deposit and Saving Account - Canara Bank IBU, Gift City

Canara Bank IBU, Gift City
TENOR UPTO $ 5 MIO > $ 5 MIO EUR GBP
07 Days to 1M 3.55 3.60 1.75 3.70
1M 1D to 3M 3.75 3.90 1.80 3.75
3M 1D to 6M 4.00 4.15 1.85 3.85
6M 1D to 9M 4.00 4.20 1.60 3.85
9M 1D to 12M 4.10 4.25 1.50 3.85
1Y 1D to 2Y 3.90 4.00 1.25 3.00
2Y 1D to 3Y 3.75 3.80 1.00 2.75
3Y 1D to 5Y 3.40 3.50 1.00 2.50

Note:

  • Please contact Treasury, Canara Bank IFSC Banking for Rate above USD $10 Mio and above Deposit.
  • Pre-mature penalty (administrative cost) of 1% p.a. (from the interest rate prevailing at the time of opening the deposit for the applicable period) will be charged for premature withdrawal of Term deposit in absence of any agreed terms ab-initio between the bank and the depositor.

Saving Account

  • Saving Accounts: 3.0 % p.a.
Indicative Exchange Rates

DATE : 9 Apr 2026

Currency Selling Rates Buying Rates
TT/DDS Bill TT/CHQ Bill
USD/INR92.960093.145092.200092.1375
GBP/INR125.0700125.3200123.1525123.0650
EUR/INR108.7550108.9725107.2150107.1400
JPY/INR58.780058.897557.932557.8900
CHF/INR118.2225118.4575116.0300115.9500
SEK/INR10.040010.06009.83259.8250
CAD/INR67.390067.525066.380066.3325
AUD/INR65.820065.952564.572564.5275
SGD/INR73.445073.592571.917571.8650
HKD/INR11.942511.967511.700011.6925
AED/INR25.482525.535024.955024.9400
Currency Sell Buy
USD93.192491.9500
GBP125.3827122.9025
EUR109.0269106.9650
AUD65.984664.3225
CAD67.558566.1300
SGD73.628671.6675
AED25.546224.7050
Service Charges of Canara Bank IFSC Banking Unit GIFT City (Credit items)

GENERAL CHARGES (effective from April 30, 2024)

Service Charges of Canara Bank IFSC Banking Unit GIFT City (Non-credit items)

GENERAL CHARGES (effective from April 30, 2024)