Student-GIC
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Student-GIC
Home /Student-Gic
Who is eligible for ICICI student GIC program?
The eligibility is currently extended to students holding a valid passport from the following nations: Antigua and Barbuda, Brazil, China, Colombia, Costa Rica, India, Morocco, Pakistan, Peru, the Philippines, Senegal, Saint Vincent and the Grenadines, Trinidad and Tobago, or Vietnam.

What is student GIC Canada?
A streamlined financial solution for international students. This short-term investment provides access to funds for those planning to study in Canada.
This program offers aspiring students from selected countries a straightforward financing option for their one-year educational pursuits in Canada, amounting to CAD 10,000.
Additionally, they will benefit from the following advantages:
- Global reach:
Tailored for international students, the Student GIC ensures CAD 10,000 for one-year academic programs in Canada
- Quick student permit approval:
The GIC acts as proof of financial stability, speeding up the student permit process
- Instant funds for your needs:
Access funds for both your educational and living expenses effortlessly
- Guaranteed returns with ICICI Bank:
Enjoy fixed returns and interest over one year through the ICICI Bank Student GIC Program
What are the benefits of student GIC program?
Enhance your investment with the GIC- a secure choice that guarantees your principal and interest for a set period, just like a fixed deposit.
Additionally, they will benefit from the following advantages:
- Easy online application:
Start a fee-free account from home with the Student GIC program
- Flexible verification methods:
Verify online, in-person at bank branches, or at over 7,000 Canada post locations. Online activation is exclusive to Android and the website
- Seamless user experience:
Enjoy automated monthly fund transfers and receive your debit card before traveling
- Exceptional customer support:
Benefit from access to over 3,600 ABMs in Canada and round-the-clock customer service in India and Canada
- Instant proof of funds:
Receive a certificate within 24 hours as evidence of finances for your study permit

How To Avail A Student GIC From ICICI Bank?

To avail of a student GIC from ICICI Bank, the following must be ensured:
- Verify your eligibility, including nationality and financial requirements
- Register for ICICI Bank's secure mail service
- After applying online, await your student account number from ICICI Bank
- Follow the instructions on your account confirmation page to deposit funds, and expect a confirmation email
- Once funds are credited, you'll receive an investment balance confirmation for your Canadian study permit application
- Upon arrival in Canada, visit ICICI Bank to validate your account, open a personal checking account, and set up your GIC account for fund access
How to open your account with ICICI Bank Canada?
Falcon has simplified the process of obtaining a student GIC from ICICI Bank:
Apply Online
Easily apply online to set up your student account. Use your username, email address, and password for subsequent logins.
Account funding
Once you fund your account, you’ll receive the proof of funds in your secure mailbox.
Account Activation in Canada
Account activation in Canada: Activate your account by downloading the app and opting for either online or in-person verification. Note that online activation is supported only on the website and Android devices.
Apply Online
Easily apply online to set up your student account. Use your username, email address, and password for subsequent logins.
Account funding
Once you fund your account, you’ll receive the proof of funds in your secure mailbox.
Account Activation in Canada
Account activation in Canada: Activate your account by downloading the app and opting for either online or in-person verification. Note that online activation is supported only on the website and Android devices.