The India International Depository IFSC Limited (IIDI IFSC), on December 24, 2025, issued a circular notifying the application processing fees payable by Vault Managers operating under the Bullion Depository framework at GIFT IFSC.
Under the revised fee structure, a one-time, non-refundable application processing fee of USD 3,500 shall be levied for Onshore Vault applications, while Offshore Vault applications shall attract a one-time, non-refundable fee of USD 5,000. These fees are payable at the time of submission of the application by the Vault Manager.
The circular further clarifies that the billing cycle for applicable charges shall be monthly, and the revised fee structure comes into effect from December 24, 2025. All Vault Managers are advised to take note of the revised charges and ensure compliance accordingly.
[Circular No. IIDI IFSC/Bullion/2025-26/032]
