GIC Canada
A Student Guaranteed Investment Certificate (GIC) is a short-term investment that provides international students with easily available funds while studying in Canada. International students from specific countries will have easy access to funds for their one-year studies in Canada when they pay CA$ 10,000. They can also avail of the following benefits.
- Faster processing of student permits as GIC is basically proof of your financial ability to study in Canada.
- Easily available funds for student and living expenses
- Under ICICI Bank’s Student GIC program, students will get a fixed return along with interest on their investment for one year.
ICICI Bank Student GIC Program: ICICI Bank Student GIC Program ICICI Bank Canada offers a Student GIC Program which is currently available to students who are citizens of and hold a valid passport issued by China, Philippines, Vietnam, India, Morocco, and Senegal.
Eligibility Criteria for ICICI Bank Canada Student GIC Program
You are eligible for the ICICI Bank Canada Student GIC Program if you meet the following criteria:
- You live outside Canada when you apply.
- You are a citizen of and hold a valid passport issued by India, Philippines, Vietnam, China, Senegal, or Morocco.
- You have an acceptance letter to a designated post-secondary institution, which is a school approved to host international students.