all info is provided on banks website above...read all info in detail..also read application guide..
Scotiabank will open a GIC for a 1 year term and email you the GIC account number within 10 business days, along with other remittance details, which will allow for a wire transfer of funds from India.
You can then wire transfer $10,000 CAD (plus $100 CAD to cover administration fees etc.) to open a GIC.
Upon arrival in Canada, you'll be required to visit a Scotiabank branch to activate the GIC and open a deposit account. Once the account is opened, an initial amount of $2,000 CAD will be transferred to your deposit account. The remaining amount will be automatically transferred in four (4) equal installments of $2,000 CAD every two months.