Sources of Funds for GIC and Canadian Visa | Ep 26

LoanFlix season 2 brings you to the deeper insights of the Abroad Education Loans space. If you are planning to start your abroad education loan process, Request a callback at https://www.wemakescholars.com/study-...

Our team of Financial officers assists you with the entire education loan process until sanction, disbursement, and beyond. All the services offered by WeMakeScholars are free of cost as this initiative is supported by the IT Ministry, Govt. of India

We at WeMakeScholars focus on delivering international scholarships and get students connected with the best education loan lenders with professional guidance. We strive to make studying abroad easier and simpler than ever.

The most important aspect of applying for a student visa is showing that you have sufficient funds to complete your education in a foreign country. Canada is no different, unlike the USA where you are required to just show proof of funds, Canada takes it a step further by requiring you to transfer your one-year living expenses to Canada even before you apply for the visa. It is called a GIC- Guaranteed Investment Certificate.

And this is where the majority of students who rely on education loans get into problems, as they need to transfer money to purchase a GIC account before applying for the visa, but the bank officials ask them to get the visa first.

So, watch this video and acquaint yourself with the knowledge essential for the Canadian student visa process. The following topics are elaborated in this episode

Introduction
What kinds of loans are possible?
When do you need money for the Canadian visa process
When should I apply for the loan
Conclusion

Here is a list of our must watch from Loanfix Season 2. Loanflix is the most comprehensive web-series on abroad education loans. The motive is to empower students and their guardians so that they can take an informed decision about the education loan.
You will get a fresh episode of Season 2, on the 2nd and 4th Sunday of every month.

The titles of our previous episodes in this series and their links are as follows:

1. Canada Education Loan: GIC and process in detail
   • #Canada #EducationLoan: #GIC and proc...  

2. Is university ranking important for Education Loan?
   • Is university ranking important for E...  


3. How are Collaterals valued for an Education Loan?
   • How are Collaterals valued for an Edu...  


4. How to accurately calculate EMI for education loan?
   • How to accurately calculate EMI for e...  


5 .Education Loan Transfer: How to transfer it for a better Rate of Interest?
   • Education Loan Transfer: How to trans...  


Other episodes can be found in the LoanFlix playlist @

1. Loanflix Season 1
   • Loanflix: The most comprehensive Web-...  

2. Loanflix Season 2
   • Loanflix Season 2  


3. Loanflix in Tamil
   • Loanflix in Tamil  


4. Loanflix in Hindi
   • Loanflix in Hindi  

5.Loanflix in Telugu
   • Loanflix in Telugu  

6. Loanflix Inshorts
   • Loanflix InShorts- Answering every ni...  

The topics discussed in the Loanflix web-series covered some of the most crucial topics in the education loan process. So Do watch the entire series if you want to know about this topic end-to-end.

Please subscribe to our channel for more such informative videos. Also, do like and share with your friends. Good luck!

Script editor - Arjun R Krishna
Shot, Edited & Directed by Sreeman Reddy
Designs - Malieka Muzaffar

About the Presenter - Damini Mahajan is a visionary entrepreneur and co-founder of WeMakeScholars.com, an education finance start-up for international education. Damini has been mentioned as "Top Women in Tech" by The Asian Entrepreneur. She has also been awarded as the winner of Silicon Valley Challenge by Action for India 2016 and was in the Top 75 start-ups in Power of ideas by Economic Times at IIM Ahmedabad.

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#StudyinCanada #GICcanada #CanadianVisa