ICICI Bank has announced the launch of a digital platform to address the needs of the students aspiring to pursue higher education in India and abroad. Called ‘Campus Power’, the one-stop platform caters to varied needs of the entire student ecosystem comprising students, parents and institutes.
It offers both banking and value-added solutions at one place, eliminating the need for the student ecosystem to contact with multiple stakeholders. It is available for anyone including customers of other banks.
In order to complement the digital efforts, ICICI Bank is setting up branches dedicated to the student ecosystem. The first branch has been set up at IIT Kanpur and seven more will be added in the campus of top premier institutes across the country.
These full-service branches house multi-functional teams with rich expertise to cater to the entire student ecosystem efficiently.
The ‘Campus Power’ offers a host of banking as well as value-added features to students, parents and institutes:
- It offers 360 degree curated solutions to students who are aspiring to go for higher studies in India and abroad. The services include funding education, assistance on finding out the course and the university, helping students to prepare themselves for tests, offering debit/credit cards and creating overseas student account.
- To support the child’s education journey, ‘Campus Power’ offers parents with education loans and remittance services. Moreover, it has other solutions for them in terms of savings account, investment products, travel and health insurance.
- It provides institutes and international schools with various products and services under one umbrella to facilitate all the financial needs including funding, payments, collections, investments and insurance.
‘Campus Power’ also provides value-added services for which the Bank has collaborated with reputed companies. These partners include IDP Education (for admission counselling, information on universities and online test prep), the British Council (for IELTS preparation and English language improvement courses), Casita (for accommodation solutions) and EaseMyTrip (for travel booking). All these services are available on ‘Campus Power’ itself.
Shares of ICICI Bank Ltd was last traded in BSE at ₹699.50 as compared to the previous close of ₹686.70. The total number of shares traded during the day was 318697 in over 11498 trades.
The stock last hit in BSE,
- Intraday High of ₹ 715.30
- Intraday low of ₹ 706.80