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A bench, headed by Justice Ashok Bhushan, asked Chidambaram to deposit Rs 2 crore with the registry and submit details on the places to be visited and the place where he would stay.
Opposing the application, Additional Solicitor General S V Raju said earlier Chidambaram was earlier allowed to travel abroad, but with a deposit of Rs 10 crore.
Senior advocate Kapil Sibal, who was appearing for Chidambaram, said the condition was not justified for a member of Parliament and he would not run away anywhere.
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The Congress leader is facing several criminal cases related to the Aircel-Maxis deal and the Foreign Investment Promotion Board clearance to the INX Media for receiving foreign funds of Rs 305 crore when his father, P Chidambaram, was the Union finance minister. The cases are being probed by the ED and the CBI.
The ED had earlier claimed that Karti Chidambaram had been trying to protract the investigation by “blatantly misusing” the liberty granted by the court in allowing him to travel abroad.