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|Pakistan To Canada| How To Transfer GIC Amount of $10,000? GIC For Canada Study Visa Easy Expained

Автор: Asim Sarwar Production

Загружено: 2021-02-07

Просмотров: 18199

Описание: How To Purchase a Guaranteed Investment Certificate (GIC) of $10,000 From Pakistan? Student Direct Stream System?

Students applying for SDS must first be accepted at a Canadian learning institution (CLI https://www.canada.ca/en/immigration-...) that is designated to host international students. In addition, they must satisfy key criteria, such as submitting proof upfront of:

tuition payment for the first year of study at a designated learning institution in Canada.

purchase of a Guaranteed Investment Certificate (GIC) of $10,000, ( find guidance below along with bank names).

completion of an upfront medical examination, (Detailed info along with address find below)

a qualifying score of at least 6 each for English (IELTS), or Niveaux de compétence linguistique canadiens score of 7 for French (TEF), or graduation from a Canadian-curriculum high school.

Requirements:
Student must have an acceptance letter from a post-secondary designated learning institution.
Prove that you’ve paid the tuition fees for your first year of study

live outside of Canada when you apply and at time of Visa application must be in country on list of SDS program.
Have a Guaranteed Investment Certificate (GIC) of CAN$10,000 ( Details blow included bank names)
Get a medical exam before you apply (if you need one)
get a police certificate before you apply (if you need one)
have your most recent secondary or post-secondary school transcript(s)

have a language test result that shows:
a score of 6.0 or higher in each skill (reading, writing, speaking and listening) on the International English Language Testing System (IELTS) .

Guaranteed Investment Certificate (GIC)
Banks that offer GICs
A GIC is a Canadian investment that has a guaranteed rate of return for a fixed period of time. Many banks offer GICs.
You can get a GIC from a bank listed on the Canadian Deposit Insurance Company website. Make sure the bank you choose offers a GIC and meets the criteria for the Student Direct Stream.

The following banks offer GICs that meet the criteria:
· Bank of Beijing
· Bank of China
· Bank of Montreal
· Bank of Xian Co. Ltd.
· Canadian Imperial Bank of Commerce (CIBC)
· Habib Canadian Bank
· HSBC Bank of Canada
· ICICI Bank
· Industrial and Commercial Bank of China
· RBC Royal Bank
· SBI Canada Bank
· Scotiabank

GIC Application Process
The GIC application process is simple and straight-forward.

Step 1: Register for bank secured email service

Students must register online with an authorized Canadian bank (List mentioned above) by filling up the personal details. Register for the secure emails service of the Canadian bank. Once registered, you’ll get a password, using which you can log into your secured email account. The GIC Application Form will be sent to your secured email account.

Step 2: Submit the Student GIC Program Application

After registering for a secure email account, you’ll get an email with a link to the Student GIC Program application form.

Students can submit the Student GIC Program application form online or offline.

For online mode, you must fill the form completely and submit it along with the scanned copy of your admission letter and passport online via their secure email account.
** The processing time of application is 5 business days.

Step 3: Fund your account

Upon submission of the Student GIC Program Application, you’ll receive an ‘Investment Account Number’ along with funding details on your secure email. Fund the ‘Canada Student GIC Program’ account with C$10,000, plus C$150 as processing fee using any bank account in Pakistan.

After remitting the C$10,000 into your GIC account with the bank in Canada, you’ll receive an ‘Investment Balance Confirmation’ in your Investment account.

Apply for Study Permit/Visa
Apply for the Canadian study permit/visa to the Canadian visa office in your country. Submit a copy of your ‘Investment Balance Confirmation’ along with your Study Permit/Visa application. The visa processing will be quick and convenient.

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