Indian Bank to Assist Students in Their Canada Study Visa Process

A deal between India’s HDFC Bank and Canada’s Toronto-Dominion Bank (TD) will help Indian students with the Canadian visa process. Canada has quietly become one of the most popular study-abroad destinations in the world for youngsters. According to a Canadian Press report, the agreement will facilitate their compliance with visa rules. Moreover, the deal between the two banks will help Indian students with the GIC process.

Table of Contents

Canada Study Visa Process: A New Update
What Are the Economic Advantages?
Wrapping Up

Canada Study Visa Process: A New Update

A very recent update for abroad aspirants who are planning to study in Canada is that India’s HDFC Bank and Canada’s TD Bank Group have signed a deal that will help in the visa process of Indian students aiming to study in North American countries. For any student who wants to pursue overseas education money is the first thing that comes to the mind as their top concern. Thus, to support Indian students planning to study in Canada, two supreme banks in India and Canada have entered into a partnership.

Through this partnership, TD’s International Student Guaranteed Investment Certificate (GIC) scheme will be referred to Indian students who intend to study in Canada by a referral program launched by HDFC Bank. Also, the deal will help Indian students with the GIC process.

One of the key requirements for Indian students applying for a study permit visa is to provide evidence of financial support, which is accomplished with a Guaranteed Investment Certificate. The purpose behind taking this initiative is to serve students in respect with the Canadian’s government Student Direct Stream (SDS) study permit pathway.

Additionally, upon arriving in Canada, students can grasp TD’s banking network and have access to expert advice on banking matters, both in-branch and over the phone.

What Are the Economic Advantages?

The TD International Student GIC Programme offers an online platform for students to open accounts digitally, attaining their study visa and living costs requirements.

This plan provides several benefits to students such as:

No application fees
Opportunity to earn interest on their GIC before arriving in Canada
Access to a student checking account with extra benefits

Due to the requirement that each student have a GIC of more than $20,000, Canadian banks have also profited from the flood of foreign students. It supports financial institutions and enhances the nation's general economic stability. Moreover, India stands out as an outstanding contributor in Canada, with around 40% of international students coming from the country.

Wrapping Up

You don’t need to worry because your dream to Study in Canada is going to be true. Gradding.com can provide you all the aids and facilities in completing your journey to Study in Canada. Our experts will assist you with all your problems to make your study abroad pathway simple.