Canada Student Partners Program (SPP) has been quite successful in India compared to China. To maintain the success of SPP in India, the Canadian High Commission, New Delhi has
introduced a major change in visa filing to ensure that it attracts serious and sincere students only. From now onwards, student has to compulsorily pay one year tuition fee instead of one semester only. This means that the investment for filing of student visa has doubled in terms of tuition fee. Alongwith this the students needs to show the evidence of purchase of a special Guaranteed Investment Certificate (GIC)
from a participating Canadian financial institution, in the amount of $10,000
CAD to cover living expenses for the first year in Canada. As an alternate option, the student can fulfill the financial requirement by submitting
a copy of the receipt for the first year’s tuition fee AND a copy of an
Educational Loan from an Indian Chartered Bank equivalent to $10 000 CAD.
According to Citizenship and Immigration Canada guidelines, the student will require approximately $10,000 CAD per year, not including tuition fees, to cover your living expenses. This requirement is fulfilled through the purchase of a participating GIC, and evidence that the student has paid tuition fee.
At present, Scotia bank is the only participating Canadian financial institution. For more information, contact Scotia bank or their affiliate, Kotak Mahindra Bank, at:
Scotia bank, Mumbai Branch
Ground Floor, Mittal Tower, ‘B’ Wing, Nariman Point,
Mumbai 400 021
Tel: 91-22-66364200
Kotak Mahindra Bank, Chandigarh Branch, Sector 9
S.C.O. 153-154-155, Sector 9 – C, Madhya Marg,
Chandigarh – 160 017
Tel: (0172) 5008600
Kotak Mahindra Bank, Chandigarh Branch, Sector 35
Ground Floor, Sco-335-336, Sector-35 B
Chandigarh 160 035
Tel: (0172) 4051300/19
Kotak Mahindra Bank, Prahlad Nagar
Bungalow 1, Paras-II, Nr. Auda Garden, Prahladnagar,
Ahmedabad, Gujarat 380 015
Tel : (079) 40056086
Kotak Mahindra Bank, Bangalore – Kormangala
The Pinnacle, Ground Floor, No. 8, 5th Block, Koramangala
Bengaluru, Karnataka – 560 095
Tel: (080) 66330200
Kotak Mahindra Bank, Rajouri Garden
J-13/65, Rajouri Garden,
New Delhi – 110 027
Tel : (011) 45656278
You may ask more questions on this blog or visit our website for updated information.
According to Citizenship and Immigration Canada guidelines, the student will require approximately $10,000 CAD per year, not including tuition fees, to cover your living expenses. This requirement is fulfilled through the purchase of a participating GIC, and evidence that the student has paid tuition fee.
At present, Scotia bank is the only participating Canadian financial institution. For more information, contact Scotia bank or their affiliate, Kotak Mahindra Bank, at:
Scotia bank, Mumbai Branch
Ground Floor, Mittal Tower, ‘B’ Wing, Nariman Point,
Mumbai 400 021
Tel: 91-22-66364200
Kotak Mahindra Bank, Chandigarh Branch, Sector 9
S.C.O. 153-154-155, Sector 9 – C, Madhya Marg,
Chandigarh – 160 017
Tel: (0172) 5008600
Kotak Mahindra Bank, Chandigarh Branch, Sector 35
Ground Floor, Sco-335-336, Sector-35 B
Chandigarh 160 035
Tel: (0172) 4051300/19
Kotak Mahindra Bank, Prahlad Nagar
Bungalow 1, Paras-II, Nr. Auda Garden, Prahladnagar,
Ahmedabad, Gujarat 380 015
Tel : (079) 40056086
Kotak Mahindra Bank, Bangalore – Kormangala
The Pinnacle, Ground Floor, No. 8, 5th Block, Koramangala
Bengaluru, Karnataka – 560 095
Tel: (080) 66330200
Kotak Mahindra Bank, Rajouri Garden
J-13/65, Rajouri Garden,
New Delhi – 110 027
Tel : (011) 45656278
You may ask more questions on this blog or visit our website for updated information.
Thats good move from Indian Government :
ReplyDeleteRegards
Mohit