Is the GIC amount for Canada fixed and how much is it approximately?
21 Jul 2026 · Answered by Komal Yadav · 1 min read
Yes, the GIC (Guaranteed Investment Certificate) amount for Canada is fixed to cover your first-year living expenses. As of 2026, the required GIC amount for Indian students is approximately CAD 22,895.
This amount is separate from tuition fees and must be shown to demonstrate sufficient funds for your stay in Canada. The required figure is subject to change by Canadian authorities.
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