GIC doubt...

[youngnova93]

My consultant says tht GIC is not compulsary... Is tht true??
And if it is, are there n e changes in the rule?

 

[irresistant]

ofcrs there z 2nd option .. u can show approx 6-7 lacs of loan instead of GIC.. decision is yours

 

[youngnova93]

Beside the educational loan or will the educational loan be enuf?

 

[irresistant]

the loan m talking about is for living expenses which you have to show to CHC , the GIC is also for that purpose.. plus 1 year fees which you wil pay to your college or uni.. these two things are must acc to new rules.. but brother if u have enough savings, for both ...1 year fees and GIC .. thn u should must go with GIC. .. GUD LCK

 

[rhonny20]

yes gic is not a compulsion but ya it is a preferred option ie the visa success rate will be more with GIC.

 

[sawal]

yes gic is not a compulsion but ya it is a preferred option ie the visa success rate will be more with GIC.

today i transferred the amount of 10,050 CAD$ from my mother's account for the purchase of GIC , is it okae to pay the amount from my mother's account ????