Complete GIC Guide for Canada Study Permit 🇨🇦 | GIC for Canada Study Visa

Подписаться 18 тыс.

Просмотров 49 тыс.

50% 1

Referral email to get 25$ bonus in your GIC account: abdur.rahman.kalim@gmail.com
Hey friends! In this video, I will take you through everything you need to know about Guaranteed Investment Certificates (GIC), which is a deposit for a period of one year offered by Canadian banks. It serves as a guarantee to the Canadian government that you have sufficient funds to take care of your living expenses for one year while you are studying in Canada. Watch the video till the end to stay informed!
⏰ Timestamps:
0:00 - Intro
0:09 - Education loan update
0:42 - What is GIC?
1:44 - Is GIC mandatory?
2:13 - Available banks for opening a GIC account?
2:59 - Requirements for GIC
3:21 - GIC application process
9:07 - GIC Certificate
🙋🏼‍♂️ About me:
I'm an MSc student in Applied Computing at the University of Toronto. I have one year of work experience as a Software Engineer. Along with my graduate studies, I'm working part-time as a DevOps Engineer at a Canadian healthcare startup. In my leisure time, I make videos on RU-vid sharing my journey as an international student in Canada.
👋🏼 Be my friend:
🌍 Website: arkalim.netlify.app
📸 Instagram: / abdur.rahman.kalim
👔 LinkedIn: / abdurrahmankalim
✍🏼 Medium: / abdur.rahman.kalim
🏷 Tags
canada gic
canada gic cibc
guaranteed investment certificate
canada gic process
canada study permit gic
cibc gic
gic canada immigration
gic confirmation letter
guaranteed investment certificate for Canada
study in Canada
gic
what is gic

Опубликовано:

7 июл 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 130

@parikang7384 Год назад

I just used your referral email, thanks for making this no nonsense video, never change!

@naynaupadhyay4856 Год назад

Hi Abdur, love your videos, it's helping me so much. I had a question, if I pay for the GIC from another bank account in my name, instead of the one that I have provided while filling the application, will that be fine?

@amank1030 Год назад

Hey Tahseer, the video for student visa documents is not there anymore. Can you please upload it again. It was a very helpful video Thankyou

@nazeemjunggee8229 Год назад

Your video were very helpful. The least I could do is put your email id as referral. All the best!

@cobycole23 4 месяца назад

Thank you

@srpresbitero 10 месяцев назад

Hi, just wann ask, is it okay to secure a STUDENT GIC even if the student permit will be applied under Non SDS STREAM?

@MAHESH-nl5tg 2 года назад

Hi Abdur. Regading GIC, apart from the top choices of CIBC, SCOTIA BANK, ICICI & SBI that is often always discussed on the various www & tube videos, why isn't anyone considering the others mentioned in the list of IRCC?

@domzmajo7072 Год назад

Does anyone know the answer to this, I've put a different beneficiary address when I was wire transferring because the bank personnel told me to use a Canadian address, so it's different from the address I used when I applied for an online account. Will I get rejected?

@creativeme4u Год назад

Its very helpful video and straight forward..How long normally we can recieved the certificate ? How are we able to cash out the 2k cad ?are we getting like a credit card with 2k limit? Thanks

@karmanrandhawa5471 2 года назад

My immigration agent opened my account in ICICI Bank which is quite near to my college(brampton), but there's a problem. icici bank send me my GIC statement through mail but there's a password required to access gic statement and my assistant said I don't know!!! Please help me what should be the solution??

@laalm007 2 года назад

can there be additional Documents like bank statements or parents salary slips ...as in upload it says only GIC cert

@jahanminhajsyed8928 Год назад

Hi, i didn't received payment instructions email. It's been 4 days. Can you please me what should I do ?

@jayaanaj345 6 месяцев назад

Make a new video on new increased amount of GIC

@joantaveras4721 Год назад

Hi , love your videos! I have a question: I want to show 25,000 CAD as proof of funds, can I open 2 separate GIC accts?

@kushalkumar-jb9ob Год назад

i have student loan from Avanse they told me they will guarantee my gic fee so should i ask them to send funds to my own account or ask them directly to Gic Account. please tell me.

@bipin4991 Год назад

Can we get a video on scholarships if there's one available..?

@Chirantan91 2 года назад

Hello, during adding the stanchart account as payee for NEFT, what did you select as the account type(savings/current etc)? I have a stanchart net banking and it’s showing invalid code.

@tahseer 2 года назад

I think it was current

@jeffsambrana5661 2 года назад

hello the beneficiary name is the cibc not your name?

@AJWarriorII 2 года назад

Hey man, thanx for the video, it's been very helpful. I'm gonna open my GIC with Simplii, which is the online banking branch of CIBC. Do you think your referral email will work with Simplii as well?

@tahseer 2 года назад

Hey, I’m not sure about that.

@abdullahhumdard4707 Год назад

hi abdur, i am from Afghanistan and i got accepted to a college and the question is that i have relative he is in canada already do he can make GIC account for me by my name?

@smitpatel-ms6lm Год назад

is it work if address is different in passport and bank ?

@sruthirao9240 Год назад

Hi ..I've used your mailid for reference

@sapphiregarden5 2 года назад

when can buy Gic? Is it avaliable on Saturday?

@tagbovictor1735 Год назад

Bro, can someone come with visit visa and enroll in a school DLI school that offers PGWP after completion.

@lemonn9349 4 месяца назад

When the student get gic debit card, before visa or after visa?

@bridgetsmithhackman7499 Год назад

Hello Friend….how can I apply for undergraduate in Canada ….?

@crazyyoutuber9782 2 года назад

How many years of PGWP is given for UofT Masters in applied computing science....Is it 2 years or 3 years.!?

@tahseer 2 года назад

3 years

@djrojit Год назад

Hi Abdur, i have two questions, 1. If we opt to pay via BookMyForex or any other currency exchange agents, should we select the option "Yes" under "Is this account to benefit a Third Party?" while filling out the form? 3. I am a working Professional, so while filling up the form, should we select the option "STUDENT" under "Your Occupation Category" or other occupations as per my background?

@PreetKaur-gl1ve Год назад

Kitni gic pay kri apne in INR

@djrojit Год назад

@@PreetKaur-gl1ve I paid INR 6,18,500.

@PreetKaur-gl1ve Год назад

@@djrojit mene aajj ki 6,34000

@adsurya8024 Год назад

Hi. Can you explain how you paid the fee ?

@8hsbbak 10 месяцев назад

Sir RBC bank ke baare me btaya

@ishita2655 Год назад

Hey Tahseer, I have got GIC Investment Certificate from CIBC last month. Today I received this email from CIBC: Hi Ishita, The available balance of your CIBC Bank Account ending in 5437 has fallen below $100. The available balance doesn't include any overdraft protection or funds on hold you may have on this account. Did you also receive this email? Should I be worried?

@sachin2744 Год назад

On the CIBC website, it says they don't charge any processing fees. Were they charging before?

@tahseer Год назад

They do charge a processing fee of CAD 200

@priyanshuchaoda1776 Год назад

can someone having canadian pr pay students gic ?

@rahulmegatron546 Год назад

I have applied for GIC and now it reflects the submitted status after logging in. I could not able to see the option of the printing instruction sheet. and I still didn't see initiated Status. Does it take time to reflect initiated status, or am I doing something wrong?

@nitin7524 Год назад

How long it took to get the printing instructions?

@paracommandos8145 2 года назад

Bro my agent is saying that my gic for canada is around 6lakh 21 thousand rupees ( 10k 230 cad ) but when I checked it online Google is showing 10230 cad is around 6 lakh 9 thousand rupees in india ..why are they asking for 21 thousand rupees..is there any additional fees include in gic like gst or something?

@tahseer 2 года назад

Hey, there is some forex exchange fee involved. Apart from this, your agent might be charging you for his service too

@kevinjohn5765 11 месяцев назад

CAN I USE MY NRE ACCOUNT TO OPEN GIC

@suryajsuresh8889 Год назад

Hi, my name in bank account is not same as passport bcz in passport the initial got expanded. So which name should i gave while paying gic...should i change it in bank to be same as passport

@clipitty Год назад

Change bank name

@Shandarabhi Год назад

Sir, if I want to pay 10,000$ in INR and it's 6 lakhs (at 60$ currency rate) According to portal I created but if $ rate increases 60 to 61 then how much amount will I transfer now?? Is it same 6 lakhs or increases according to the current $ rate?

@PreetKaur-gl1ve Год назад

INR mein kitni pay huyi apki gic

@8hsbbak 10 месяцев назад

Sir kya koi RBC ki update aa skti hai meri email pe offer letter aane se pehle

@user-mb4gn7pe1f 11 месяцев назад

Hi Tagseer, If I pay the full years tuition fees and provided the GIC certificate, still need to show bank statements?

@tahseer 11 месяцев назад

Yes, bank statements are mandatory in any case.

@Adnan-me4uq Год назад

Would GIC be sufficient for the financial means requirement in the SDS or NON-SDS stream application or would there be a need to show additional funds of some sort?

@jaspreetsingh3364 Год назад

In SDS CATEGORY u need to show GIC certificate and 1 year payment of your college fees But in non SDS CATEGORY.... U need to show some more funds ...just watch his SDS V/S NON - SDS video ....u will find all the documents need to be attached in NON SDS CATEGORY

@pauljoseph6629 Год назад

If u had done through 1.5pa some amount could have saved...bro

@sohacharoo1039 Год назад

Hi I have transferred the amount got the confirmation how long does it take to get GIC certificate as i sm running short for visa application

@marissagonsalves4154 Год назад

When Did you get the certificate?

@8hsbbak 10 месяцев назад

Sir kya hmaare sath koi fruad bhi ho skta hai bank ko lekar India me 😢

@asbjchk Год назад

Hi, how long does it take to receive the GIC certificate? Could anyone share please?

@youtubes3669 Год назад

it depends on your bank

@shreeyagupte4638 Год назад

My friend and I did the 6L transfer at the same time but she received the confirmation and welcome letter by CIBC the next day but I still haven't received anything. Please help. Till when will I receive my confirmation. My money has been debited from the account. Im scared it will go past by deadline date

@PreetKaur-gl1ve Год назад

Apne kitni gic pay kri thi in INR

@Dubai_Days Год назад

Hi your video was very useful hence i used your email address as referal

@kishorekotte1662 Год назад

Hai bro i am not getting payment summary what should i do at that time, please provide any information

@consolegamerz3856 4 месяца назад

Hey bro . Maire personal account se to Gic ki value deduct ho gai he lekin CIBC se koi email nhi aa Rahi . Aap ka bhi aisa hi scene tha ?

@noemigarcia115 Год назад

Hi i applied you as my referrer

@boomgamerz4704 Год назад

I was interviewed and selected for Masc prgm in mcmaster for fall 2023.They told me that,they will fund entirely for 2 yrs and also promised for RA after 1 month(I mean after I join in 2023).if that is the case hiw much fund I should show for successful process.kindly help.

@uttamgupta1637 Год назад

Try to arrange funds equivalent to GIC amount and get it paid. IRCC may not like total dependency on funding.

@boomgamerz4704 Год назад

@@uttamgupta1637 tq very much for the reply

@Mr.mohibi 7 месяцев назад

Hello, dear brother and Love your video. It was very informative and helpful. Love from Afghanistan ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤

@prajwalkohad531 2 года назад

Bro can i apply for non sds visa as im applying from italy (I'm an Indian Origin staying here from 4 years ) Or gic is mandatory.

@tahseer 2 года назад

GIC isn't mandatory. You can choose to skip it.

@BayOfExplorers Год назад

Hello how much money cibc gives ? 2000 on reaching?

@tahseer Год назад

Yes

@ranyaaajoranyaaajo5012 Год назад

Is it possible to send money through the NRE account?

@jijusreekumar1743 Год назад

Do you have the answer now ??

@hamidkhan53839 11 месяцев назад

Hello brother if i m under 18 then how will i process my GIC because i have no bank account due to age restriction

@consolegamerz3856 4 месяца назад

Guardian account jaisa koi ban jata he account

@ajaysaharan4021 8 месяцев назад

What about under 18 students

@sachinkeniya5856 2 года назад

Do we really have to pay 18% gst on our GIC of $10,000 because I visited my SBI branch and they said the same?

@tahseer 2 года назад

Yeah, I think the GST was included in my case too

@sachinkeniya5856 2 года назад

@@tahseer So what was the total amount in INR did you pay?

@abhiroopsinghsaini3648 2 года назад

Is masters in computer science good at university of Victoria canada?

@tahseer 2 года назад

yeah, it is

@user-yz5jm2yz2c 11 месяцев назад

@Tahseer Can I use the GIC funds for my tuition fee?

@tahseer 11 месяцев назад

Yes, you can.

@jaspreetsethi7178 Год назад

Hi, is it mandatory to transfer funds from own account or can i use my parents account and pan card details in the form?

@tahseer Год назад

It's mandatory to use your account

@sreenavijaykumar7727 Год назад

Wt hapns in case of minor candidate cn we use mother's account

@Dr.Dr.2516 2 года назад

Will I require GIC? when I have Fellowship from University, Canada. Plz reply

@Boris_Bonifatius Год назад

Aren't fellowships supposed to cover your tuition fee? You need GIC for the living expenses.

@rosario7678 2 года назад

Hello, Can I use GIC for normal study permit as well? Or it's only for "Student Direct Stream" ?

@tahseer 2 года назад

You can use it in either case.

@rosario7678 2 года назад

@@tahseer Thank you for confirmation! 🤗

@vikkisandhu1866 2 года назад

Bhai GIC CERTIFICATE embassy se hokr Ata he ya university direct agent KO send Keti he..?

@tahseer 2 года назад

The bank sends you on your email as far as I remember.

@My_notion Год назад

It's been 2 weeks and I didn't receive my GIC certificate so what should I do now ??

@tahseer Год назад

Reach out to CIBC support and try to escalate the situation.

@Adarshkumar__001 2 месяца назад

In how many days you got your GIC certificate and in which you paid gic

@namratasahu5050 11 месяцев назад

Do we need to open Gic account from India itself??

@tahseer 11 месяцев назад

Yeah

@marym2800 11 месяцев назад

Hi, can we still give the email address as referral?

@tahseer 11 месяцев назад

Yes, you can

@rohanjaiswal5533 2 года назад

Hi Abdur I am in my final sem(B.Tech) and have received an admit for FALL 2022. I will be graduating in May 2022 and will be receiving my 8th semester marksheets and provisional degree by end June. Is it possible to apply for the visa (via SDS) just by having marksheets till 7th semester , because if I wait for the 8th sem marksheets it might be very late? Hope to hear back from you soon. Thank you!

@tahseer 2 года назад

Yeah, you can apply for the visa early but showing your conditional admit letter

@asmitasadul1232 2 года назад

I have the same case. Hoping results would be out sooner and visa via sds is the only option that has a positive way out.

@nitin7524 Год назад

@@asmitasadul1232ow long it had taken to get the visa? I am in the same scenario.

@Vicky._xyz 9 месяцев назад

Bro GIC pay kre ko 15 days ho gye hai status processed dikha rha hai but wo GIC certificate nhi download ho rha

@tahseer 8 месяцев назад

Did you try contacting CIBC GIC support team?

@Vicky._xyz 8 месяцев назад

@@tahseer bro certificate to 8 days me hi a gea tha 15 days bad jab mene agent se pucha to unhone muje username or pass de dea jab menu check Kiya to aea hua tha

@Vicky._xyz 8 месяцев назад

@@tahseer sop ready hon to kine days bad lg jndea file ?

@kirandeepkaur6642 Год назад

Please sir reply.....🥺 It's urgent ... How students below 18 pay their gic for Canadian study visa ??

@jaspreetsingh3364 Год назад

By having an under age bank account where u r the main holder of that account but with the help of a guardian , a guardian can be your dad or mother ... That account is called as minor account

@kirandeepkaur6642 Год назад

@@jaspreetsingh3364 then I will easily pay my gic without any problem ?

@jaspreetsingh3364 Год назад

@@kirandeepkaur6642 yes absolutely

@kirandeepkaur6642 Год назад

@@jaspreetsingh3364 ok thnku😍

@navneetkaurrathore8231 2 года назад

Hey bro, I have paid my gic on 4th may I haven't received my gic certificate can u help me that

@sarthakchaudhary3462 2 года назад

Have you recieved it now?

@navneetkaurrathore8231 2 года назад

@@sarthakchaudhary3462Yes bro

@anunayas2742 Год назад

How many days it took to receive gic certificate?

@navneetkaurrathore8231 Год назад

Afer 15 days

@Adarshkumar__001 2 месяца назад

In how many days you got your GIC certificate

@supreetsingh3347 2 года назад

Nice video bro... After approval of gic application, how many days are given to student to deposit GIC from India?

@tahseer 2 года назад

Around 7 days

@rishabhname1772 2 года назад

Hello... Can you please share your timeline?

@tahseer 2 года назад

Sure, will make a timeline for this next

@joginderdahiya328 Год назад

Hindi may bool bro.

@tuhinsuvradutta9747 2 года назад

Buddy, could you please confirm (only Yes/ No) me whether you have received any mail recently regarding "CIBC Refer a friend program" ? I had put your email address in referee's email ID section and just now received a confirmation mail regarding it.

@tahseer 2 года назад

Hey, thanks man. I did get a mail like that.