Student Partnership Program

Aspiring to study in Canada

Studying in Canada presents many opportunities for international students. If you are an international student planning to pursue your studies in Canada under the study permit stream administered by Immigration, Refugees and Citizenship Canada (“IRCC”), the ICICI Bank Canada Student Partnership Program is tailor-made for you.

Who can apply for the Student Partnership Program?

Individuals residing outside Canada who intend to pursue higher education in Canada under a training or immigration program sponsored by the Government of Canada or a Province of Canada.

Why Participate in the ICICI Bank Canada Student Partnership Program?

With ICICI Bank Canada, you can meet all your banking needs in Canada and start the process while in your home country. There’s no need to carry large amounts of cash or rely on alternative proof of funds to fulfill your IRCC obligations. *

Upon arrival and after activation, you can start using your account. You can deposit money, deposit cheques, receive direct deposits, or make withdrawals for your day-to-day expenses, including gas, groceries, and restaurants. Additionally, you can pay bills, send Interac e-Transfers, withdraw cash from ATMs, issue cheques and more.

*Note- To meet the financial requirements under the study permit stream set by IRCC, you may purchase a Guaranteed Investment Certificate (“GIC”) as proof of funds to cover your living expenses in the amount specified by IRCC for the specific province of arrival.

A GIC is a secure investment option, similar to a fixed or term deposit, that guarantees a set rate of interest on your deposit over a fixed timeframe.

Overview of Student Account Application Process:

1. Register for our Secure Mail Service.
2. Complete and submit the Student Account application online.
3. You will receive your Student Account number immediately upon successful submission of the application.
4. Deposit your funds into your Student Account as per the instructions provided on the account confirmation page. You will also receive a confirmation email in your secure mailbox.
5. An Investment Balance Confirmation will be sent to your secure mailbox once the funds are credited to your Student Account. You can apply for a Canadian Study Permit with this confirmation.

If your Student Visa or Permit request is declined or cancelled or if you withdraw from your studies after arriving in Canada, you can request a refund of the remaining balance in your Student Account. Please refer the Refund section for details.

For detailed information on the Application Process, Activation Process, and Refund Process, please click on the respective links below:

If you have any questions or require assistance, please contact ICICI Bank Canada by:

• Email at customercare.ca@icicibank.com.
• Call toll-free from India at 1-800-200-3340
• Call toll-free from Canada at 1-888-424-2422
• Elsewhere, call collect: 1-416-847-7979

All amounts are in Canadian dollars unless otherwise indicated.