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GIC is a mandatory requirement for international students applying under the Student Direct Stream (SDS) category.

Hyderabad, Mumbai, Bengaluru, Ahmedabad

Guaranteed Investment Scheme or GIC is a short-term investment scheme provided to international students for a period of 1 year.

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It serves as an assurance to the government of Canada that you have sufficient funds to meet your living expenses for one year in Canada.

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A GIC of $10,000 CAD (INR 6 Lakh) acts as an evidence of funds from the approved Canadian based bank. 

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Students have to file for opening a GIC account at least a month before they apply for the visa.

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