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Mohit807

Full Member
May 4, 2013
43
1
can i transfer 10100$ from my loan account to scotia bank to purchase GIC?????
Bcoz i got loan sanctioned for 1yr tution+living expenses from SBI???
share ur opinian.......
 
Mohit807 said:
can i transfer 10100$ from my loan account to scotia bank to purchase GIC?????
Bcoz i got loan sanctioned for 1yr tution+living expenses from SBI???
share ur opinian.......
yess if its on your name
 
show the bank the vfs checklist and explain them the concept of GIC, they will transfer it then. make sure they transfer it to your account and not the joint account of yours with the sponsor.
apply for gic if u havnt till now as its processing time has increased a bit..
ol d best:)
 
Chauhan1223 said:
show the bank the vfs checklist and explain them the concept of GIC, they will transfer it then. make sure they transfer it to your account and not the joint account of yours with the sponsor.
apply for gic if u havnt till now as its processing time has increased a bit..
ol d best:)
My friend paied gic from joint ac with his mom got in 10 days n visa in 7 days under SPP
 
Mohit807 said:
can i transfer 10100$ from my loan account to scotia bank to purchase GIC?????
Bcoz i got loan sanctioned for 1yr tution+living expenses from SBI???
share ur opinian.......
Waht is GIC ? im new
 
A Guaranteed Investment Certificate or GIC is a Canadian investment that offers a guaranteed rate of return over a fixed period of time, most commonly issued by trust companies or banks.

GIC is needed for SPP category for Indian students. But general category can also do so but it is not a must for them.
 
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