The India International Depository IFSC Limited (IIDI IFSC), on April 27, 2026, issued a circular extending the waiver of transaction and related charges to promote market participation and development within the IFSC ecosystem.
Under the circular, transaction charges for clients (USD 2 per debit instruction) and for members (USD 1 per debit instruction for CM-to-CM transfers) will continue to remain waived up to June 30, 2026. Additionally, the waiver has been extended to include issuer-related fees such as Annual Custody Fee for UDR Programme, RTA service fees, and Annual Folio Maintenance Charges (USD 1 per folio), thereby reducing cost burdens across stakeholders.
All other charges not specifically mentioned in the waiver will continue to apply as per earlier circulars. The measure aims to incentivise greater participation and activity in the depository system within the IFSC framework.
[Notification No. IIDI IFSC/DP/2026-27/126]
