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Student GIC Program: With the ICICI Bank Canada Student GIC Program, you can purchase a Guaranteed Investment Certificate (GIC) from ICICI Bank for $10,000 Canadian dollars.
Guaranteed Investment Certificates (GIC) & Term Deposit: GICs and Term Deposits are the most secure investments for short, medium and long term savings goals. Both offers secured investments with guaranteed returns.
ICICI Bank Canada guarantees repayment at maturity of the principal sum and the interest earned on Guaranteed Investment Certificates/Term Deposits with ICICI Bank Canada (a “GIC” or a "deposit").
To initiate the application process, please register for the ICICI Bank Canada Student GIC Program as follows: Click on the ‘Register / Login’ button below. On the next screen, click on ‘Register’. Fill out the required details including name, username and personal email address.
Follow the steps carefully to successfully link your ICICI Bank Canada GIC with your Royal Bank of Canada account. When choosing ICICI Bank Canada, complete online KYC or in-person verification by visiting any ICICI Bank Canada branch or any of our authorized partners across Canada.
After submission of your Activation form through these steps, you will receive instructions for opening your account with Royal Bank of Canada. Please check your secure mailbox for the email and Referral Document attachment. This message is sent to your ICICI Bank Canada secure mailbox.
GIC Refund Policy - ICICI Bank Canada will refund your initial investment of $10,000 CAD or the remaining balance, in case study permit gets declined.
ICICI Bank Canada is a Canadian bank that is participating in the Student Direct Stream (SDS) in India. With the ICICI Bank Canada Student GIC Program, a client can open a Student Account in Canada from India, and invest in a Guaranteed Investment Certificate (GIC) in Canada.
High return on your investment. Non-redeemable GICs and Term Deposits are the most secure investments for short and long-term saving goals. The interest rate for the entire term is guaranteed.
ICICI Bank Student GIC connects you with RBC and its 1,200+ branches. ICICI Bank Canada has collaborated with Royal Bank of Canada (RBC), one of Canada’s largest banks to give you a seamless and comprehensive banking experience.
