IDFC FIRST Bank Launches Gaj: Metal Credit Card for Private Banking Customers

Key facts

• IDFC FIRST Bank has launched 'Gaj:', an invitation-only premium metal credit card designed for high-net-worth individuals (HNI).
• The card represents the final installment of the Bank's Ashva- Mayura- Gaj: trilogy of premium metal credit cards.
• The card carries a joining and annual fee of ₹12,500 plus GST, with the annual fee waived on annual spends of ₹10 lakh.
• The offering includes 12,500 invitation Reward Points, where 1 Reward Point equals ₹1 for travel bookings.
• Key features of the card include 0% foreign exchange markup and interest-free global ATM cash access.
• The card provides a ₹50,000 Trip Cancellation Cover and offers up to 50X rewards on hotels and 25X on flights via the bank's ecosystem.
• As of September 30, 2025, IDFC FIRST Bank serves 35 million customers with a total business value of ₹5,35,673 crore ($60.4 billion).
• The bank's customer deposits grew 23.4% year-on-year to ₹2,69,094 crore, while loans and advances grew 19.7% to ₹2,66,579 crore.
• IDFC FIRST Bank operates 1,041 branches and reaches over 60,000 cities, towns, and villages across India.
• The bank has impacted over 40 million lives through social initiatives, including financing 3.6 million women entrepreneurs and 300,000+ SMEs.