New GIC with ICICI Bank FAQs; How to apply for New GIC with ICICI Bank in India?About Canada | Facts | Education System | Why Canada? | Cost | Colleges | Universities | Student Partner Program (SPP) |
According to Citizenship and Immigration Canada guidelines, any student applying for a Visa with an admit to an SPP College is required to purchase a Guaranteed Investment Certificate (GIC) of CAD $10,000 from Nova Scotia Bank to cover living expenses per year while studying in Canada. Going forward ICICI bank has also been approved as an authorized bank to issue a Guaranteed Investment Certificate to cover living expenses of a student while studying in Canada. Application Process for ICICI Bank GIC program Step - 1. Register for the ICICI Bank Secure Email Service Application Process: http://www.icicibank.ca/personal/newcomers/SGP-apply.page? In order to initiate the application process, you will first need to register for the ICICI Bank Canada Secure Email Service. Click on link below, enter your personal email id in the email box and click Register. A temporary password will be sent to your personal email id. Your registration is complete. Registration Link: https://secureemail.icicibank.ca/SGP_Secure_Email/ Once you have registered, you need to login to your Secure Email account by clicking on Sign-in button. Enter your personal email id and the temporary password. You will then be prompted to set your permanent password for your future logins to the secure email account.
You need to use this Secure Email account for all communications as well as for the submission of your application for the “ICICI Bank Canada Student GIC Program” Step - 2. Submit an Application Upon successful registration, you will receive an e-mail on your Secure Email containing links to the Student GIC Program Guide and the Application form, with instructions on filling and submitting your application. The Application form would be in a fillable PDF format.
Please carefully read the Student GIC Program Guide to ensure you’re filling out your application correctly and completely. Designated ICICI bank branches in India: http://www.icicibank.ca/managed-assets/docs/spp-designated-branch.pdf When submitting your application through the Secure Email Service, create a “New mail” and mention subject line as mentioned in Application form. Please ensure that you attach scanned copies of all required documents along with the completed application form. Please ensure the subject line of your mail is filled out as follows: ICICI SGP – your full name (Given/First and Surname/Last) – your passport number – Investment Confirmation Request. Note: When you register for the ICICI Bank Canada Secure Email Service, use the same email address that you will provide on your ICICI Bank Student GIC Program Application. Step - 3. Transfer Funds You must wire transfer CAD $10,150 from your bank in India to ICICI Bank Canada (CAD $10,000 will be deposited to your Student Investment Account and the remaining CAD $150 is the processing fee). Please advise your bank in India that ICICI Bank Canada must receive $10,150 CAD in full and any additional bank charges/fees should be provided for and paid by you separately. It is essential to attach a copy of your Guaranteed Investment Certificate with your study permit application when submitting to the Canadian visa office in India. Step - 4. After Arrival in Canada Please visit any ICICI Bank Canada branch upon your arrival in Canada to set up a personal account and complete the registration process. Once the process for setting up the personal account is complete funds from your Student Investment account will be transferred to your personal account as follows:
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About Canada | Facts | Education System | Why Canada? | Cost | Colleges | Universities | Student Partner Program (SPP)