is education loand is must under spp?

[bvpatel257]

hello guys,

i want to know about GIC, what is GIC? and is education loan is must in SPP???

please help me guys.....

 

[RNK]

EDUCATIONAL LOAN IS NOT MUST NOW.

GIC IS A INVESTMENT METHOD,IN WHICH U DEPOSIT 10050$ INTO SCOTIA BANK FOR LIVING EXPENSES

 

[RAJE]

yes.. education loan is must under SPP... it is one of under SPP rules... and in GIC one has to deposit 10000 CAD in nova scotia bank... once u reach canada, they will disperse 2000 cad every 2 months... so in 5 installments, u will get ur money... as an alternate option u can show education loan equivalent to 10000 cad .... later option is convenient according to me.... all d best...

 

[RAJE]

well who said education loan is not must now?? as far as i heard its must... pls clarify

 

[RNK]

here you go,dont misguide people
http://www.vfs-canada.co.in/pdf/Delhi_SPP_checklist_1_22.10.12.pdf

 

[RAJE]

there r only 2 options to show proof of funds... either GIC or education loan... so if one doesnt opt for GIC then education loan is must .... u cant show ur living expense from ur bank account if u dnt want to do GIC

 

[RNK]

yes ,if u dont go for gic then educational loan is must.
But the candidate is not mentioning that he doesnt go for gic.
Better understand the ques and answer.

 

[nikhilbanga.ca]

yes ,if u dont go for gic then educational loan is must.
But the candidate is not mentioning that he doesnt go for gic.
Better understand the ques and answer.

ys bro agree wid uhh.. some people r here really misguiding others..n thinking they r so well in this..