Brief by Shorts91 Newsdesk / 10:15am on 21 Mar 2024,Thursday India Global
In a strategic move, HDFC Bank and Toronto Dominion (TD) Bank have united forces to aid Indian students pursuing higher education in Canada. The partnership simplifies the process of fulfilling financial requirements for study permits. Under the collaboration, HDFC will guide students to TD for the International Student GIC Programme, easing their transition. GICs, akin to Indian fixed deposits, ensure financial stability for students. With India being Canada's top source of international students, this initiative streamlines the banking experience and offers additional benefits. The online application process for GICs, devoid of fees, starts accruing interest pre-arrival.
