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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.

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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

Rewards program:

Obtain a CAD 1,000 credit card with no annual fees and the opportunity to earn cash back rewards

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How to avail a student GIC from ICICI Bank?

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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.