How much ITR do we have to show when applying for student visa for Canada.

[Yash1519]

Exactly if your ITR is not proper or Valid.
Than attach valuation report of movabale and unmovable assests and CA report of the same in english version.
Only attach things which are true, original & complete.
Make Good SOP

Okay

 

[napnusion]

See, the more income you show, the better it would be.

Technically, I would say there is no maximum limit. The higher the ITR your parent's are filling = higher income = stronger financial status = one of the prerequisites for getting your study visa.

However, if the ITR amount is low, it's advisable to pay for GIC , 1 year fees and attach more financial documents to support your case.

 

[Christwadle]

By taking a educational Loan
I am planning to do a 2 year diploma and the education cost would be around 16 lakhs tuition

Greetings to everyone, this thread has help me clarify some doubt but need some assistance, pls what is the full meaning of, SOP, ITR and SDS, Thanks

 

[Christwadle]

See, the more income you show, the better it would be.

Technically, I would say there is no maximum limit. The higher the ITR your parent's are filling = higher income = stronger financial status = one of the prerequisites for getting your study visa.

However, if the ITR amount is low, it's advisable to pay for GIC , 1 year fees and attach more financial documents to support your case.

Intereating insights, pls what is GIC, thank.

 

[Yash1519]

Intereating insights, pls what is GIC, thank.

GIC stands for guaranteed investment certificate and it is a deposit that you make when you pay the fees for you're college and it is collected so that the student don't face any difficulty in the beginning months of coming to Canada you deposit 20k CAD in Scotiabank or ICICI account that you open from here and when you reach Canada you can withdraw that amount for you're expenses or for paying the fees

 

[Christwadle]

GIC stands for guaranteed investment certificate and it is a deposit that you make when you pay the fees for you're college and it is collected so that the student don't face any difficulty in the beginning months of coming to Canada you deposit 20k CAD in Scotiabank or ICICI account that you open from here and when you reach Canada you can withdraw that amount for you're expenses or for paying the fees

Thank u, is this composary, and what if I make an upfront payment of fees and housing, must I also make this deposit, thanks.

 

[Yash1519]

Thank u, is this composary, and what if I make an upfront payment of fees and housing, must I also make this deposit, thanks.

Yes GIC is compulsory along with one year of turion fees

 

[Christwadle]

Yes GIC is compulsory along with one year of turion fees

OK, thanks must the deposit be made from here, home country.

 

[Yash1519]

OK, thanks must the deposit be made from here, home country.

Yes if you'll take a loan the bank will help you do it but if you will pay by yourself you're agent will guide you through the process

 

[Christwadle]

Yes if you'll take a loan the bank will help you do it but if you will pay by yourself you're agent will guide you through the process

I'm so grateful I never new this, please what are the criteria of giving a loan by the bank? And can I create an account from home country Cameroon?

 

[Christwadle]

I'm so grateful I never new this, please what are the criteria of giving a loan by the bank? And can I create an account from home country Cameroon?

And if u make a cash deposit can u withdraw back u money from home country after visa denial, thanks

 

[Christwadle]

Yes GIC is compulsory along with one year of turion fees

Pls also help me with the meaning of SOP, ITR and SDS..thank u.

 

[Mandyshubhu]

Hi
Someone plaese guide me.. If our ITR is more than shown funds for student visa.. Will there b any problem?

 

[arhue]

Yes GIC is compulsory along with one year of turion fees

That's only for SDS. I didn't create a GIC for non-SDS and got OPR.

 

[Ganesh95]

Do I need to show my and parents ITR for SDS Canada Visa. My ITR is approx 4 lakhs and I have single parent and my mother is retired and never filed any ITR. I am able to pay GIC and full one year fees however don't have any property/asset/parents ITR to show. I would like to know if such Visa files would be approved or rejected due to financial reasons?