Fee structure for Finance Company/Unit
CIRCULAR F. No. 172/IFSCA/Finance Company/Unit Regulations/2021-22/1 April 26, 2021 To, All Finance Company / Finance Unit in the International Financial Services Centre (IFSC) Dear Sir/Madam, Sub: Fee structure for Finance Company/Unit 1. In exercise of the powers conferred by Section 12 of the International Financial…
Source details
- Source
- International Financial Services Centres Authority
- Type
- circular
- Document date
- 25 Apr 2021
- Last checked
- 10 Jul 2026, 5:18 pm IST
- Coverage area
- gift-ifsc
Document text
CIRCULAR F. No. 172/IFSCA/Finance Company/Unit Regulations/2021-22/1 April 26, 2021 To, All Finance Company / Finance Unit in the International Financial Services Centre (IFSC) Dear Sir/Madam, Sub: Fee structure for Finance Company/Unit 1. In exercise of the powers conferred by Section 12 of the International Financial Services Centres Authority Act, 2019, the fee structure for Finance Company/ Units is as follows: a) Application fee: $1000 for new entities (one time) b) Registration fee: $12,500 for new entities (one time) c) Annual fee: $12,500 for all registered Finance Company/Finance Unit (second year onwards) Account Details for Payment of Fees: 2. The fees shall be credited to the following account of IFSCA: Account Name: IFSCA FUND 2 Account Number: 39907189884 IFSC Code: SBIN0060228 SWIFT Code: SBININBB255 Bank and branch details: 3. State Bank of India, GIFT CITY, Gandhinagar Branch, Gandhinagar, Gujarat – 382355 Yours faithfully (R. Kumar) Head, Banking Division rag.kumar@ifsca.gov.in
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