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  • PersonalToday’s exchange rate* for CAD/INR personal online money transfer: 50.6169
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  • *The exchange rates for CAD/INR displayed here are only applicable to money transfer transactions initiated through ICICI Bank Canada’s Personal Online and Mobile Banking App platforms. These rates are subject to change without prior notice. While ICICI Bank Canada endeavors to post accurate and up-to-date information on its website, customers must verify the rates before entering into any transaction. Money Transfer Terms and Conditions apply.
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Rates & Charges

 
  • Personal

    Today’s exchange rate* for CAD/INR personal online money transfer: 50.6169

  • Business
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  • *The exchange rates for CAD/INR displayed here are only applicable to money transfer transactions initiated through ICICI Bank Canada’s Personal Online and Mobile Banking App platforms. These rates are subject to change without prior notice. While ICICI Bank Canada endeavors to post accurate and up-to-date information on its website, customers must verify the rates before entering into any transaction. Money Transfer Terms and Conditions apply.
  • *The exchange rates for CAD/INR displayed here are only applicable to money transfer transactions initiated through ICICI Bank Canada’s Personal Online and Mobile Banking App platforms. These rates are subject to change without prior notice. While ICICI Bank Canada endeavors to post accurate and up-to-date information on its website, customers must verify the rates before entering into any transaction. Money Transfer Terms and Conditions apply.
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Application process for Students GIC program

1. Register for the Student GIC Program

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 email address. You also need to select your own password and a security question for resetting your password in case you forget it.
  • An email with the activation link to complete your registration will be sent to the email address you have provided.
  • As soon as you click on the activation link, you will receive a registration confirmation on screen.

Note: If you do not receive the email with the activation link after 5 minutes, please click the ‘Re-send Activation’ link on the login page.

 

2. Submit an application

Upon successful registration, you will be directed to our secure mailbox (solely for the initial communications with ICICI Bank Canada regarding the Student GIC Program). Simply login with your username or email address and password.

  • Complete the application form online and submit it along with a scanned copy of your passport and proof of enrollment (if available).
  • An account number for your Student Investment Account will be generated and provided instantly on screen.
  • A confirmation of the same will be sent to you through our secure mailbox.

 

Note: If there are any discrepancies observed in your application, a notification will be sent to your personal email address as well as our secure mailbox.

3. Deposit Funds into the Account

Through wire transfer, please deposit a minimum of $10,175 CAD into your Student Investment Account as per the following breakdown.

$10,000 CAD

to be deposited into your Student Investment Account (or the amount specified by IRCC for the province of your arrival);

$150 CAD

to cover the non-refundable program processing fee;

$25 CAD

to cover any other corresponding bank charges, if applicable.


Please ensure that funds are wired from your bank account in India in one single transaction - do not send multiple deposits into the account before arriving Canada.

Upon receipt of your funds, an Investment Balance Confirmation will be sent to you via our secure mailbox.  We recommend that you print a copy of this confirmation for your records. Should there be any excess amount after deducting the corresponding bank charges and processing fee, will remain in your account.

 

Note:

> International wire transfers may take 5 business days (or more) to reach ICICI Bank Canada.

> When you are applying for a Visa / Study Permit, it is important to attach a copy of the Investment Balance Confirmation with your study permit application when submitting it to the Canadian Visa office in India. Please refer to the Immigration Canada Student Visa Guidelines posted on www.cic.gc.ca/english/information/applications/student.asp for study permit application submission dates for each session intake.