here comes GIC

[RNK]

http://www.scotiabank.com/startright/en/files/12/10/application-form-india-student-gic.pdf

 

[jattonhunt]

WHERE IS IT N SCOTIAS SITE , SEND THAT LINK

 

[RNK]

i have mentioned that link only dude.its from scotia bank site

 

[nakulgoenka]

hi RNK

I looked the link, but i didn't understand what exactly is GIC ? is it a kind loan or something else. can you please explain.

thank you

 

[jattonhunt]

http://www.scotiabank.com/ca/en/0,,5698,00.html

 

[RNK]

its not like a loan type.

here u need to deposit 10000$ cad into scotia bank .

here ur amount will be will be given in 5 installments,that means 2000$ every 2month.for 1 year.

when u will arrive in canada u need to go to the back and collect ur first installment of 2000$

hope this helps

 

[nakulgoenka]

thank you RNK. but you say 10000 CAD. is the amount for tuition fee or it should living expense only ?

i meant, these 10000 cad will allow me to pay the fees as well in installments or not because the course i applied, they asking for all the fees at once which i dont want to do.

 

[mead]

thank you RNK. but you say 10000 CAD. is the amount for tuition fee or it should living expense only ?

i meant, these 10000 cad will allow me to pay the fees as well in installments or not because the course i applied, they asking for all the fees at once which i dont want to do.

lol no just living expenses ....u deposit $10000 here in india in scotia bank also u pay the fees for 1 year. once u go to canada assuming ur visa gets approved u can withdraw these 10000 as mentioned above by RNK to cover ur living expense.

 

[jattonhunt]

NO MATTER WOT U HAVE TO PAY FULL 1 YEAR FEES BEFORE APPLYING FOR VISA HERE , ONCE U GO THERE U CAN USE UR MONEY FOR WOTEVR U WANT BT IT WILL BE CREDITED IN UR SCOTIAS ACCOUNT IN 4 EQUAL INSTALMENTS OF 2000$

U CANT WITHDRAW UR 10000$ AT ONCE

 

[RNK]

u can get only 2000$ per 2months..............u cant take all the money out once

 

[sawal]

NO MATTER WOT U HAVE TO PAY FULL 1 YEAR FEES BEFORE APPLYING FOR VISA HERE , ONCE U GO THERE U CAN USE UR MONEY FOR WOTEVR U WANT BT IT WILL BE CREDITED IN UR SCOTIAS ACCOUNT IN 4 EQUAL INSTALMENTS OF 2000$

U CANT WITHDRAW UR 10000$ AT ONCE

buddy i allready have sent the form to scotia bank for gic hand filled , so do i have to send this new form again when u send them the form prior to this one , have they sent u mail to resend the new form ????????????

 

[maria61]

Guys I have a doubt here, do we need to pay 1year tuition fee prior to applying visa? Mine is a 1 year course, so is it compulsory to pay the complete 1 year tuition fees or will just 1 sem fee be enough?

Will it be enough if I pay 1 sem fee + GIC deposit $10000.
And should this GIC account be created before applying for visa?

 

[sawal]

Guys I have a doubt here, do we need to pay 1year tuition fee prior to applying visa? Mine is a 1 year course, so is it compulsory to pay the complete 1 year tuition fees or will just 1 sem fee be enough?

Will it be enough if I pay 1 sem fee + GIC deposit $10000.
And should this GIC account be created before applying for visa?

first year of fees is mandatory so complete tution fees in your case

yes has to purchase GIC before applying

 

[maria61]

thanks sawal,
You made it clear.

 

[jattonhunt]

sawal chk the form is available on scotias site nw , download fill it and send again

http://www.scotiabank.com/startright/en/files/12/10/application-form-india-student-gic.pdf