Tag: INDIAN STUDENTS

HDFC Bank and TD Bank Group sign an agreement to simplify banking experience for Indian students in Canada

HDFC Bank

Telugu super news,Mumbai, March 22, 2024: HDFC Bank and TD Bank Group (TD) today announced an expanded relationship supporting Indian students planning to study in Canada.

With this agreement, TD and HDFC Bank are announcing a new referral program. HDFC Bank will refer students planning to study in Canada to TD’s International Student GIC Program, which enables studentsto conveniently comply with the Government of Canada’s Student Direct Stream (SDS) study permit pathway. This referral partnership builds on the two banks’ existing relationship where TD has acted as HDFC Bank’s main correspondent banking partner for Canadian Dollar clearing since 2015.

As part of the Canadian government’s requirements to apply for an expedited study permit, students are required to provide proof of financial support, which is accomplished via a Guaranteed Investment Certificate (GIC) from a participating Canadian financial institution. The TD International Student GIC Program is designed to enable students to open accounts digitally and help them meet their study visa and living expense requirements.

HDFC Bank is India’s leading private sector bank. As of December 31, 2023, the Bank’s distribution network was at 8,091 branches and 20,688 ATMs across 3,872 cities / towns. TD is the second largest Bank in Canada and sixth largest in North America by assets, and serves over 27.5 million customers around the globe. TD has over 1,000 branches across Canada, with advisors speaking more than 80 languages, including Hindi, Punjabi, Tamil, Gujarati, and Urdu.

“We continue our focus on helping Indian students to navigate the process to study abroad,” said Mr. S Sampath Kumar, Group Head Retail Branch Banking, HDFC Bank, “Canada is a leading education market and our relationship with TD aims to simplify the process for students and Non-Resident Indians (NRIs) who want to study there.”

Ms. Smita Bhagat Group Head Retail Branch Banking, HDFC Bank further added, “The association is designed to support the study permit requirements of Indian students planning to study in Canada. The curated program also offers a wide range of financial benefits to amplify their living experience while studying there.”

In 2023, there were over 425,000 Indian international students with active study permits in Canada, making the country the top source for international students in Canada.

“We are thrilled to announce our expanded relationship with HDFC Bank, and the benefits it will provide for those beginning their journey to study here“, says Sona Mehta, Executive Vice President of Canadian Personal Banking, TD Bank Group. “With this expanded relationship, HDFC Bank and TD can provide the financial offerings that will make for a smoother transition to the Canadian banking environment. We look forward to welcoming and serving these students throughout their journey. We understand that there’s a lot to manage when coming to study abroad, and through this partnership, we will simplify the process, and deliver the ease, value, and trusted advice that TD is known for.”

The TD International Student GIC program will provide students with:

·        TD International Student GIC:

o   A GIC designed to meet the needs of the SDS program via a simple online application process.

o   Students incur no application fees.

o   Students will also start earning interest on their GIC even before arrival in Canada.

·        TD Student Chequing Account: A chequing account designed for students with no monthly plan fee (until 23 years old or with proof of enrolment in full-time post-secondary education), unlimited transactions and additional benefits.

·        Exclusive One-time credit: HDFC Bank customers will receive a fee rebate to cover their first wire payment into their TD account.

Once students arrive in Canada, they will benefit from the ease, value, and trusted advice TD is known for. The benefits under this Program will include:

·        Accessible Banking: TD has longer branch hours than any other Canadian bank, with over 1,000 branches coast to coast, and advisors speaking more than 80 languages. Banking services are also available online, as well as at your fingertips with the TD app.

·        Advice at the ready: Whether students are looking for expert advice on managing day-to-day expenses or long-term financial planning, TD colleagues are here to help, both in branch and over the phone.

·        TD International Student Banking Package: Students can get up to $635 CAD in value when they start by opening a TD Student Chequing Account.

The University of Waikato announces scholarships worth NZ$ 500K exclusively for Indian Students

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The University of Waikato announces scholarships worth NZ$ 500K exclusively for Indian Students

Education New Zealand – media release:The University of Waikato has announced an extensive range of scholarship packages worth NZ$ 500,000 exclusively for Indian students. The exclusive scholarship package also includes the prestigious Vice Chancellor’s International Excellence Scholarship, valued at up to NZ$15,000 per awardee.

Intended to support talent from India, these scholarships will be awarded to high-achieving Indian students for 2023 intakes based on academic performance and other holistic achievements.

Commenting on the scholarships package and an upcoming visit to India by a University delegation, Vice-Chancellor, Professor Neil Quigley stated:

“The University of Waikato is proud of the outstanding academic contribution, diversity of perspective and entrepreneurial spirit that students from India bring to our University. In turn we offer an outstanding student experience and high-quality study options. Being able to once again visit India in support of this special relationship is a demonstration of our commitment to growing our Indian Waikato alumni, with talented and sought-after graduates. We’re investing heavily in our Vice-Chancellor’s Excellence Scholarships specifically for students from India as we look forward to welcoming them on to our campuses in 2023.”

The scholarship application period is now open. Scholarships are available for both undergraduate and postgraduate students.

University of Auckland announces scholarships worth NZ$1.5Million exclusively for Indian students

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University of Auckland announces scholarships worth NZ$1.5Million exclusively for Indian students

Waipapa Taumata Rau University of Auckland, Aotearoa New Zealand’s leading university, has
curated an extensive range of scholarship package for Indian students totalling almost NZ$1.5
million.

The scholarship package featuring over 200 scholarships are available for high achieving Indian
students in 2023. Further, these scholarships will be awarded biannually, with 115 available twice a
year. Each cycle will offer five scholarships up to $20,000, 10 up to $10,000 and 100 up to $5,000. 

Ainslie Moore, Director International of University of Auckland said that “We believe these
scholarships are mutually beneficial and we look forward to welcoming our scholarship awardees to
Auckland.  Our international students add diversity and richness to our campuses and play a major
role in research and in the wider New Zealand workforce.”

Applications for the University of Auckland India High Achievers Scholarship will open on 10 October
and is available for both undergraduate and postgraduate students.

37% INCREASE IN INDIAN STUDENTS CHOOSING WALES FOR HIGHER EDUCATION

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37% INCREASE IN INDIAN STUDENTS CHOOSING WALES FOR HIGHER EDUCATION

THE number of Indian students choosing Wales to further their education has risen for the fourth year running, latest figures reveal.The small UK nation, known for its rich heritage, low living costs and outstanding natural beauty, has seen a 37 per cent increase in the number of students from India enrolling onto an undergraduate or postgraduate course at one of Wales’ eight leading universities.

37% INCREASE IN INDIAN STUDENTS CHOOSING WALES FOR HIGHER EDUCATION

And with London recently voted the fourth most expensive city in the world to live, Study in Wales hopes that more talented students from India looking to study abroad will join those already taking full advantage of the opportunities that Wales has to offer.

Market Development Manager Harish Lokhun, from Study in Wales, explained: “The reintroduction of the Graduate Immigration Route (GIR) has presented fruitful opportunities for Indian students to study in Wales, with applications from India continuing to rise across all our universities. The GIR permits students to remain in the UK to look for work and continue to experience life in the UK for two years after completion of their studies and graduation, which is a highly attractive proposition for international students. 

“Regular feedback from our Indian student community in Wales tells us that the cost of living and affordable tuition fee rates, as well the warm welcome they receive from Welsh people, distinct cultural offering and strong employability prospects, collectively position Wales as a desirable destination for study.

37% INCREASE IN INDIAN STUDENTS CHOOSING WALES FOR HIGHER EDUCATION

To support students from Indiafurther,12 delegates from the State Government of Telangana, Telangana State Council of Higher Education (TSCHE), Kakatiya University, University of Hyderabad and Osmania University, visited Wales this month toexplore new partnerships between the two countries and to hear from British Council Telangana Scholarship studentsabout their experience.

From a guided tour of Snowdonia to exploring the campuses of some of Wales’ leading universities, such as Cardiff University, Swansea University and Aberystwyth University, delegates described the trip as “eye-opening” and praised the potential opportunities for academics to conduct joint research into fields such as cyber security, infection disease and biotech.

Harish added: “This visit was a great chance for us to strengthen connections and explore future partnerships between key institutions in Telangana and our universities here in Wales.

“Wales is a unique place to study – and we look forward to welcoming more international students this year.”

One student who jumped at the chance to further her education in Wales was Anisha Hegde.

After her cousin told her how beautiful the city was, Anisha, from Mumbai, enrolled onto an MA in International Public Relations and Global Communications at Cardiff University.

Anisha explained: “Everyone here has been so friendly and welcoming, and the approach to lessonsin Wales is very different to my education back home.

37% INCREASE IN INDIAN STUDENTS CHOOSING WALES FOR HIGHER EDUCATION

“In India, I had lots of exams and practical lectures – five, or sometimes six, days a week. But here I’m encouraged to have discussions, read and carry out independent research for my assignments which is much more more enjoyable.

Anisha added: “The best thing about Cardiff University is the feeling of warmth the community of students have created here.”

To anyone thinking of applying for an undergraduate or postgraduate degree in Wales, Anisha advises them to come prepared.

“Studying in Wales is not just about work and attending classes – it’s about embracing a new culture, meeting new people and exploring new places.”

To find out more about studying in Wales at either undergraduate or postgraduate level and read about the hundreds of world-leading courses across Wales’ eight universities, visit the Study in Wales website.