HDFC Bank and TD Bank Group (TD) 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 TDs International Student GIC Program, which enables students to 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 Banks main correspondent banking partner for Canadian Dollar clearing since 2015.
“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.”